La Rochelle, France (PortSEurope) January 17, 2018 – Port traffic in 2017 was marked by another significant decrease, largely due to the 2016 cereal harvest.
The cereals and cereal oils sector was down 15%. The port suffered from the very poor harvest of the previous year, the effects of which were particularly visible in the first half. Despite a harvest of the summer 2017 hinting at great prospects, the joint effect low prices, the Euro/Dollar parity and excellent harvests of the Black Sea have slowed trade this type of product in the second half of the year. The development of exports should therefore be significant in 2018.
The petroleum products sector, the second largest port traffic, also recorded a decrease, one of 8.7%. The incident that occurred at the beginning of the year and led to a shutdown in one of the two company operators and the development work carried out during the summer on the oil wharves caused the cyclical downturn.
Forest and paper products declined by 10.4%, after a increase of 11% in 2016, the agricultural bulks had an increase of 25,3% which confirms a growth solid of this sector.
The evolution of +13.3% of construction products reflects the recovery in the construction sector.
Finally, the cruise season, March 30-October 26, saw the number of passengers reach 49,000 passengers (+17%) and 39 cruise vessels stops (+26%).
Overall, the cumulative port traffic in 2017 amounts to 8.6 million tonnes, a variation of -7.2% compared to the previous year. It marks the end of a two-year cycle of atypical events.
The 2018 traffic level is forecast to be very good, with double-digit growth expected, confirming the trend of dynamic evolution of the port activity rochelaise.
Full statistics can be found here.
Source: Port Atlantique La Rochelle
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