Valenciaport experiences throughput decline in 2023

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Valenciaport's rise in imports prompts the first import/export of lights

The goods and containers managed by the Port Authority of Valencia (PAV) in May were 6.7 per cent and 6.2 per cent respectively, lower than those of the previous year.

Imports in Valenciaport grew in May by more than 2 per cent, while bulks solids showed an increase of 16 per cent, and Ro-Ro cargo grew by 5 per cent.

However, the trend of declines that Valenciaport shares with the major ports of the world still persists, in terms of the big figures, although in this case the docks of the PAV show signs of moderation.

The general traffics of May fell less than the annual averages.

READ: Valenciaport, Burgos explore direct rail connection

Figures that begin to move away from the inter-annual trend is almost double the accumulated decreases in the last 12 months which are still 9.79 per cent; and in calculated in containers, 12.16 per cent.

Despite this, traffic is still being impacted by the first signs of technical recession revealed by statistics from various Central European nations.

Valenciaport reported that inflation and geopolitical uncertainty are still factors that are affecting economic and commercial activity in certain sectors.

READ: Valenciaport recoups 11 per cent

In the first five months of 2023, the volume of containers handled by the port authority registered a drop of 10.69 per cent, reaching 1.97 million TEU.

Despite this, Valenciaport’s activity shows signs of recovery for the second time this year, and figures for the month of May indicate signals of stability, for instance, the import container traffic returns and climbs by 2.36 per cent.

In April, the Port Authority of Valencia (PAV) announced that between 1 and 26 of March, TEU throughput increased by 16.7 per cent compared to the same period in 2022.

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