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Lowest Container Trade for 2012/2013 Financial Year

In Announcements Customs Trade Stats Posted February 19, 2013 at 10:54 am
By Magellan Logistics

Ocean freight

On 5 Feb 2013, the Port of Melbourne Corporation (PoMC) released the disappointing container trade figures for December 2012.

Decreases were recorded for 4 out of the 5 measured indicators.  The only indicator to demonstrate an increase, full overseas container exports, did so by only 0.8% but this is down 0.1% on a year to date basis.

The key take-aways from the PoMC report for December are:

Total overseas container throughput (full + empty) for December was 178,355 TEU, this was a decrease of 4.1% over the equivalent period last year and down 1.4% for the financial year to date.

Total (full + empty) container imports for the month were down 5.6% while total (full + empty) container exports decreased by 2.6%.

Full overseas container imports declined 5.5% over December last year to be down 3.3% on a year to date basis.

Commodities with the most notable declines were furniture, metal manufactures, domestic appliances and machinery.

Cotton, dairy products, pulp and waste paper, paperboards and scrap metal returned the most notable increases, whilst exports of wheat, metal manufactures, wood manufactures, and wine recorded the most significant declines for the month.

Empty overseas container movements for December decreased 2.5% over the same period last year to 37,880 TEU to be up 1.7% on a year to date basis. Empty overseas exports decreased 7.9% for the month while imports were down 6.1%.

Miscellaneous manufactures leads the import tally comprising 9.1% of imports while textiles are the bottom dwellers with 1.2%/

Exports of paperboard and manufactured paper products leads with 6.1% with malt sitting at 2% of total exports for Dec 12.

Imports are arriving from East Asia (40,707 containers) accordingly, East Asia is also the destination for most of our export containers (38,948 containers).

To read the full report from the PoMC – www.portofmelbourne.com

 

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