Port of Gothenburg posts Q1 fright volumes
During 2022, the volume of goods at the Port of Gothenburg increased, despite the global transport system's strained situation, according to the company's release. The port also managed to gain market shares both in Sweden and Europe.
Over half of Sweden's container transport is handled at the quays of the Port of Gothenburg – the majority at the APM Terminals container terminal. A total of 225,000 TEUs were handled at the port during the first quarter of 2023, which is an increase of 6 percent compared to the same period last year, despite the fact that import volumes fell by nearly 20 percent. The increase is then attributed to Sweden's strong export industry.
The port’s handling of new vehicles increased by 4 percent during the first quarter of 2023. The Swedish new car sales have slowed down significantly, but the backlog of deliveries of imported cars due to previous component shortages in the manufacturing chain keeps volumes up on the import side, while Volvo Cars' exports remain high through the port. The Port of Gothenburg has also gained market share from other Northern European vehicle hubs that continue to struggle with capacity problems and disruptions.
Intra-European ro-ro traffic decreased by 5 percent in the first quarter, compared to the relatively high level of 2022. 141,000 handled ro-ro units for 2023 are still 1,000 units more than what was handled during the corresponding first quarter of 2021.
The handling of energy products decreased by 12 percent during the first quarter. The high filling rate of fuel stocks in Europe resulted in a temporary decrease in demand, which reduced the port’s throughput.
