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Valenciaport, The First Spanish Port To Exceed 500,000 Containers Managed In A Single Month

Valenciaport, the first Spanish port to exceed 500,000 containers managed in a single month

Source: Valenciaport
Traffic with India, Italy, Morocco, Saudi Arabia or Turkey in the month of August offset the drops in the US and China to achieve the historical record of containers loaded and unloaded in one month – September 15, 2020 75% of the goods managed by Valenciaport this month have shown positive growth, such as the 14% increase in construction material containers or 17% in food
products, among others. The positive evolution of August with an increase of 7.07% in the number of TEUs managed shows the path of economic reactivation and that the worst of the crisis has already passed, with a special incidence in May where the decrease was 19.68 %. The August traffic record has placed Valenciaport as the first Spanish port that has exceeded the barrier of half a million containers loaded and unloaded in a month; and this has been the case thanks to the commercial resurgence that trade with India has experienced (last August’s traffic has increased by 66% compared to the same month of the previous year), Italy (has recorded an increase of 118%), Morocco ( +66%), Saudi Arabia (+37%) and Panama (+173%), Canada (+16.25%) or Turkey (+8.6), to name a few examples. During the month of August, Valenciaport’s trade balances with the rest of the countries of the world were mostly positive, thus breaking the downward trend caused by the economic crisis that COVID-19 has brought with it. And it is that of the 160 countries with which Valenciaport operates, more than 100 have presented positive figures in the movement of TEUs this month of August compared to the same month of 2019, an encouraging figure and a reflection of the reactivation of commercial and industrial activity world. Thus, for example, the Valenciaport facilities managed with India in August 2019 a total of 17,210 containers compared to 27,859 in 2020, absolute growth of 10,649 TEUs. With Italy, this growth has been 8,299, with Morocco 5,914 or with Turkey 2,676. A figure that is repeated with 100 more countries and that compensates for the line that other leading countries in traffic such as the United States have maintained during this pandemic, which in August 2019 managed 56,079 TEUs for 53,488 in 2020, which represents a decrease of 2,591, China with a drop of 9,764 or Algeria with -3,707 containers. Last year – always in August – Valenciaport took over the management of 470,218 containers, a very high figure. Little more than 24,000 were missing to surpass its historical record (the 494,262 of July 2019), and 30,000 to surpass the psychological “half a million”. A figure that has been reached a year later, last August with 503,482 TEUs managed; a historical maximum for Valenciaport that allowed the Valencian port to be the first Spanish port to exceed 500,000 containers managed in a single month. A very positive data that shows a clear negative trend change due to the health and economic crisis generated by COVID-19 that began in March, and which bottomed out with the May data with a fall of 19.68%. From containers. The breakdown of the downward trend in August has increased the movement of TEUs by 7.07%, and their replacement by the growth curve has been recorded in practically all products marketed in August. According to data from the APV, of 40 types of merchandise analyzed, 75% have shown positive signs of growth this month. Thus, for example, the increase in managed containers that transported construction material was more than 14%, going from 44,414 TEUs in August last year to 50,696 this year. Those registered with the heading “Rest of Merchandise (footwear, clothing, home textiles and the vast majority of common consumer goods, exceeded 87,000 units (+9.45%). Those of chemical products rose to 46,428 (+10, 14) and those of cereals and flours increased more than 116%, going from 3,415 a year ago to 7,388 last August, and the 17.25% increase in other food products, which has gone from 22,674 to 26,588 containers, 3,914 more than last year. Table 1. Containers by type of merchandise Commodity20192020differenceIncreaseRest of merchandise79,46987,0087,5399.49%Construction materials44,41450,6966,28214.14%Chemical products42,15346,4284,27510.14%Cereals and their flour3,4157,3883,973116.34%Other food products22,67426,5883,91417.26%Feed and fodder4,9578,1293,17263.99%Tobacco, cocoa, coffee and spices5,7338,5842,85149.73%Machinery, tools40,33442,8302,4966.19%Paper and pulp16,96018,4451,4858.76%Preserves4,7766,0391,26326.44%Oils and fats2,3603,4301,07045.34%Wines, drinks, alcohols11,89512,9571,0628.93%Frozen and chilled fish2,2663,3081,04245.98%Fruits, vegetables and legumes10,27311,1698968.72% Positive signs of economic reactivation These positive traffic data for the month of August are also reflected in other statistics that reflect the consolidation of Valenciaport as a benchmark for import / export in an area of ​​influence that exceeds 50% of the GDP of the Spanish economy and 60% of Spain. exporter. As the entry and exit door for goods, the Valenciaport data is a thermometer of the economic activity of the Valencian Community and Spain. Thus, in August the encouraging data also emerged from the comparison of the traffic of ships that have operated in the Valencian ports: in the last month of August, 86 more ships visited Valenciaport than a year ago, going from 666 in August 2019 to 752 last August. (Also calculated in gross registered tons, or GT – 24,677,530 – the increase was 7.38%). In addition, another historic milestone occurred in the port of València with the mobilization of 8,701 containers loaded and unloaded from a single ship and on a single scale that was reached between August 27 and 30 during the stopover made by the container ship MSC SIXIN . Along these lines, the Valencia Containerized Freight Index (VCFI) for the month of August already contemplated this recovery in maritime activity with a positive behavior of global container traffic, especially in markets as important as Asia. The VCFI confirmed that shipping lines that were suspended during the toughest moments of the pandemic are being reopened and the cargo capacity of shipping companies continues to increase (26% on the Trans-Pacific route and 17.6% on the Asia-Pacific routes). Europe). In addition, and for the first time in 2020, the idle fleet was below one million TEU. Source: Autoridad Portuaria de Valencia (APV – Valenciaport, Port Authority of Valencia)

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