Port of Valencia traffic increases near 20 per cent in November

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The Port Authority of Valencia (PAV) has reported that traffic climbed by 19.31 per cent in November, making it three months in a row of growth.

This is detailed in the Statistical Bulletin of PAV for the month of November, which shows that last month, the Valencian docks have managed 6.50 million tonnes of goods, which represents an increase of 19.31 per cent over the same month of 2022.

This data is broken down into the management of a total of 395,078 TEU (18.72 per cent), of which 73,847 containers were for export and 61,283 for import.

When the balance of the month of November is examined in the Statistical Bulletin, it is clear that the increase in traffic at Valenciaport is due to an increase in the management of general goods, which totalled 5.74 million tonnes managed (20.73 per cent), as well as bulk cargo, which accumulated a total of 764,751 tonnes in October 2023 (9.57 per cent).

Looking at the total numbers for the year (January to November 2023 with the same period in 2022), PAV witnessed a line of stability indicated by a balance of 3.81 per cent tonnes handled and 6.73 per cent TEU.

READ: Port of Valencia records decline of export freight rates

Among the measures considered within the framework of the PAV’s environmental strategy is work on the development and expansion of port railway infrastructure with the goal of reducing emissions associated with logistics and contributing to the Valenciaport 2030 goal of zero emissions.

The rise in tonnes of products carried by these method of 3.49 per cent in the first 11 months of the year demonstrates a moderate and continuing expansion.

Thus, a total of 2.95 million tonnes entered and exited the Valencian ports by rail: 219,238 TEU were moved, representing a 1.05 per cent increase.

In parallel, the latest Statistical Bulletin published by the PAV shows that throughout the year the number of vehicles managed has grown significantly (8.26 per cent) to reach 588,596 units.

Furthermore, RoRo traffic (short-sea transportation services for roll-on/roll-off cargo) increased by 2.40 per cent in 2023, resulting in a total of 12.3 million tonnes handled.

READ: Port of Valencia enjoys traffic increase for second consecutive month

China continues to be the main trading partner with an accumulated 503,795 tonnes handled, followed by the US, with which 331,569 tonnes of goods were handled.

The US, with which 331,569 tonnes of goods have been handled. Traffic with the Far East continues to show positive figures and the number of containers handled from January to November reached 709,812 TEU (4.71 per cent).

The countries with the greatest increase in traffic with the Valencian precincts are Vietnam (28.49 per cent) together with Egypt (24.85 per cent containers) and India (21.31 per cent).

Focusing on traffic by country in terms of tonnage, Italy continues to be Valenciaport’s main trading partner with 6.15 million tonnes handled this year, followed by China with 5.75 million and the US with 5.21 million.

For its part, Egypt achieved a growth of 31.19 per cent, while Algeria accumulated this year a growth of 31.55 per cent. It is worth highlighting the increase in relations with Ukraine, which increased by 192.29 per cent in 2023.

This month, PAV reported an increase in export freight rates, with a 0.9 per cent increase compared to the previous month.

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