News
The month-on-month fall in volume in October across major regions resulted in a 3.4% month-on-month decline in the Global Container Port Throughput Index to 108.8 points, which was 1.9% higher than in October 2022. The index is anticipated to have remained stable in November, up just 0.6% month on month and 2% year on year.
The Greater China Container Port Throughput Index fell 6.4% month on month in October to 109.3 points, an increase of 1.7% year on year. The 12-month average growth rate in Greater China slowed to 3.8% in October but remained well above the global average growth rate of -0.6%.
The North American Container Port Throughput Index dropped 2.4% month on month in October to 106.7 points, marking a reversal from the 7.1% month-on-month rise recorded in September. The 12-month average growth rate is expected to have improved slightly to -12.1%.
The European Container Port Throughput Index fell 0.3% month on month to 100.8 points in October but remained 1.6% higher than in the same month of the previous year. The 12-month average growth rate improved slightly to -5.0% in October, up from –5.6% in September.
