November container volumes decrease on the prior year
To download a PDF of this update click here.
November 2022 saw total container throughput (full and empty) down 8.4% over November 2021 with a total of 258,449 TEU. Year to date container volumes are up 5.6%.
Full overseas imports were down 12.16% on November 2021 with domestic appliances, non-electrical machinery, ceramic goods, clothing, miscellaneous manufactures and metal manufactures all above last year’s volumes.
Full overseas exports were down 13.81% on November 2021, with wheat, pulp & waste paper, hay & fodder all below last year’s levels.
Total empty container movements were 4.4% above November 2021.
November 2022 trade performance compared with November 2021 was as follows:
|Full overseas container imports (excl. transshipments)||12.1% below November 2021||5.2% above FYTD22|
|Full overseas container exports (excl. transshipments)||13.8% below November 2021||1.6% above FYTD22|
|Total empty containers moved||4.4% above November 2021||13.9% above FYTD22|
|Bass Strait full container trade (excl. transshipments)||16.9% below November 2021||5.4% below FYTD22|
|Full container transshipments||16.4% above November 2021||7.0% above FYTD22|
|Dry bulk trade||4.0% below November 2021||5.3% below FYTD22|
|Break bulk trade||51.8% above November 2021||16.4% above FYTD22|
|Liquid bulk trade||4.6% below November 2021||7.9% above FYTD22|
|Motor vehicle imports||57.8% above November 2021|
Container trade for December 2022 is tracking above the comparative month in 2021.
Globally, port congestion and schedule reliability is improving, but remains higher than pre-Covid averages with some ongoing disruption. Container freight rates continued to decline throughout November, although still remaining above pre-pandemic levels.
Locally the supply chain remains resilient, with minimal congestion and we continue to monitor the situation.
Please call your Port of Melbourne contact or email us at firstname.lastname@example.org if you have any queries.