November container volumes decrease on the prior year
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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 (+13,385 units) |
Trade outlook
Container trade for December 2022 is tracking above the comparative month in 2021.
Supply chain
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 information@portofmelbourne.com if you have any queries.