Drewry has published the Port Throughput Indices following its maritime research.
Drewry’s latest assessment – August 2022
The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes.
The base point for the indices is January 2012 = 100.
- The Drewry Global Container Port Throughput Index reached an all-time high of 147.8 points in June 2022 with 2.0% YoY growth. On a monthly basis, the index inched up by 2.8% as compared to May 2022. Greater China, the Middle East and South Asia and Oceania were the regions that posted monthly as well as annual gains in June.
- While lockdowns in China hampered throughput at some ports, the Greater China region still recorded YoY growth of 4.9% in June. Shanghai, the largest port, posted 7.4% YoY decline in June but an increase of 11.4% compared to May which means volumes have started improving. Shenzhen posted a phenomenal 41.4% YoY growth in June 2022, due to the low June 2021 base associated with the partial closure of the Yantian terminal due to Covid restrictions.
- Despite struggling with severe congestion, North American ports performed well over the last few months, but declined 1.3% in June MoM – although throughput was still higher by 5.6% YoY.
- The index for European ports declined by 4.3% YoY and 1.5% MoM in June 2022. Russia’s invasion of Ukraine has resulted in lower throughput at European ports, pushing up energy costs and leading to high inflation which is expected to take a heavy toll on consumer demand in the coming months.
Based on a relatively small sample, and should be viewed with caution.
# All index figures for June 2022 are preliminary, subject to change next month.
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Source: Drewry
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