Valenciaport container traffic down 7.7% due to “geopolitical and economic uncertainty"

Valenciaport container traffic down 7.7% due to “geopolitical and economic uncertainty”

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In the first 10 months of 2022, 4,336,957 TEUs have passed through Valenciaport’s terminals, representing a 7.7% drop compared to 2021. According to the port, “geopolitical and economic uncertainty" is the reason for the decline.

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Photo: Valenciaport press materials

In a press release, the port said the biggest fall was recorded for full transit containers. There have been 292,434 fewer than the previous year, which represents a 14% drop.

Import TEUs rose by 6.2% while export TEUs fall by 7.1%

Between January and October 2022, total traffic amounted to 67.72 million tonnes, 4.5% less than in the same period of the previous year.

The port states that the fall in container traffic has been offset by the rise in liquid bulk (+61.3%) and solid bulk (+14.5) and vehicle traffic, which has increased by 18.3%, with 491,090 units handled.

In its statement on the figures, Valenciaport said the “crisis in the world’s main economies and the geopolitical situation” had left its mark on the port.