Valenciaport reports decrease in traffic

Port of Valencia ends 2023 with a 2.81 per cent decrease in traffic

The Port Authority of Valencia (PAV) has ended last year with a 2.81 per cent decline in traffic.

The data of the Statistical Bulletin of PAV for 2023 put the total volume of management in the Valencian terminals during 2023 at 76.74 million tonnes.

Although this figure represents a decrease in traffic compared to 2022, the decline is below the average for Spanish ports, which is 3.3 per cent.

The President of Valenciaport, Mar Chao, explained this to the members of the Board of Directors of the Port Authority of Valencia which was held this morning in the Clock Building.

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The President also explained that the port was able to recover traffic figures in the fourth quarter of 2023, with growth of 8.6 per cent in December 2023, 19.31 per cent in November 2023, and 6.99 per cent in October 2023 (compared to the same months in 2022), but that this boost was insufficient to close the year with a balanced growth rate.

As Mar Chao explained, in terms of short-term expectations, a change of trend has been detected in TEU.

PAV owes this beneficial evolution, which began in October 2023 and continues to this day, to transit traffic (resulting from the Red Sea crisis).

Thus, in December 2023, PAV reported that the number of containers increased by 13.13 per cent (compared to the same month in 2022), in November by 18.72 per cent, and in October by 4.36 per cent.

This month, PAV announced technical and administrative specifications for a tender to double track and build a third railway line connecting the Poniente and Levante ports in Valenciaport.

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