Valenciaport enjoys export surge

Port of Valencia's April traffic shows increase in export sector

The Port Authority of Valencia’s (PAV) terminals have revealed a resurgence in the Spanish export industry.

After a period of stagnation and decline, Valencian ports are exhibiting positive signs, with increased cargo flow (full containers) leaving Valenciaport for various countries across the world.

According to Valenciaport’s April Statistical Bulletin, full TEU traffic climbed by 10.94 per cent that month.

However, April’s increase has failed to impact the cumulative record of the first four months of the year, which stands at -1.81 per cent.

In general, an examination of the numbers in the Bulletin reveals an increase in numerous categories of cargo: solid bulk (+51.69 per cent), automobiles (+17.80 per cent), and transhipment (+13.93 per cent) – resulting from changes in shipping lines’ itineraries owing to the Red Sea crisis.

READ: Port of Valencia relishes from container rate increase

The Bulletin indicates stability in building materials (-1.78 per cent), while cars and transportation elements expand (+6.69 per cent), iron and steel (7.98 per cent), non-metallic minerals (46.99 per cent), fertilisers (+15.37 per cent), chemical products (+9.01 per cent), agri-foodstuffs (+6.58 per cent), and energy (-40.65 per cent).

The Valenciaport Statistical Bulletin shows that RoRo traffic increased in the first four months of the year by 6.40 per cent while UTIs (Intermodal Transport Units) increased by 10.66 per cent.

In April, about 7 million tonnes (+8.84 per cent) went through Valenciaport’s ports. In terms of containers, 461,246 TEU were handled (+13.51 per cent). However, during the last year, traffic in tonnes has steadied at +2.14 and TEU at +2.88 per cent.

So far this year (first four-month period), 26.1 million tonnes have been registered (+6.30 per cent). Traffic managed in TEU stands at 1.7 million units (+12.46 per cent).

READ: Port of Valencia records 10 per cent freight growth

Valenciaport’s commerce with the Far East continues to increase. The number of TEUs handled in the first four months of the year was 276,482 (+27.33 per cent).

For its part, China remains Valenciaport’s main trading partner, managing 203,471 containers (+25.68 per cent); however, the countries with the most TEU traffic with Valenciaport have been Greece (+105.33 per cent), Egypt (+77.55 per cent), and Saudi Arabia (+58.64 per cent), owing to an increase in transhipment traffic at the Valencian docks, primarily originating in Asia and destined for other Mediterranean ports.

Ukraine and Algeria have also boosted their trade (tonnes) with the Valencian ports, by +131.99 per cent and +41.24 per cent, respectively.

In March, PAV reported that export freights steadied and increased by 2.13 per cent.

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