Container throughput shows only limited signs of recovery in H1 2022

Compared to the first half of 2021, the total container throughput of the ports surveyed in the MCPM rose by only 2.65 million TEU or 1%. As already reported, there are strong regional differences, which shift the market shares in the world trade of industrial products (which are containerized to a large extent) significantly. While Europe and the Japan, South Korea and Taiwan region, for example, still had a market share of 14.6% and 10.5% respectively in the first half of 2021, they lost 1.1 and 0.5 million TEU respectively in throughput over the course of the year and, with just under 39 million TEU and 28.3 million TEU, they now only have market shares of 13.8% and 10.2%.

A positive development is once again observed in China (despite the temporary shutdown in some ports at the beginning of the year) and the USA/Canada. While the Chinese ports were able to increase their traffic by a total of 2.7 million TEU or 2.7%, the North American ports managed an increase in throughput of 1.4 million TEU, equivalent to a rise of 4.8%. The ports of the People’s Republic were thus able to expand their market leadership from an overall market share of 36.8% to 37.5%, while the market share of the ports on the other side of the Pacific rose from 10.5% to just under 11%.

 

ISL MCPM

 

Further details on the development of the world’s major container ports can be found in the current issue of our Monthly Container Port Monitor (MCPM).