2020 October 12 15:17
Dublin Port Company has reported its third quarter trading figures for 2020. The latest figures show an increase in overall port tonnage of 1.2% for Q3. After nine months, volumes are down by -6.9% compared to the same period last year, the company said in its release.
Having seen a decline of -4.8% in Q1 (which had been attributed to Brexit stockpiling in the first quarter of last year), there was a further and steeper decline in Q2 of -17.0% as Covid-19 impacted the country. Since then, monthly trade volumes have been comparatively strong culminating in growth of 1.2% in the third quarter from July to September.
The growth of 1.2% in Q3 has been export led. Exports for the three months grew by 6.6%, more than offsetting the -2.4% decline in imports.
Unitised trade (trailers and containers combined) grew by 3.1% to 384,000 units during Q3 with Ro-Ro growing by 4.1% to 276,000 units and Lo-Lo by 0.2% to 192,000 TEU.
Imports of new trade vehicles through Dublin Port in Q3 decreased marginally by -0.6% to 12,400 units. For the nine months to September, 53,000 new trade vehicles have been imported through Dublin Port, a decline of -29.3% compared to last year.
Bulk liquid volumes, primarily petroleum products, declined by -20.4% to 972,000 tonnes during the quarter and are down by almost the same level (-18.4%) year to date.
Bulk solid commodities (including animal feed, ore concentrates from Tara Mines, bulk cement products and scrap metals) grew by 56.0% to 515,000 tonnes.
Ferry passenger numbers decreased by -66.2% to 264,000. This figure includes HGV drivers. The number of tourist vehicles fell by -64.6% to 79,000.
There were no cruise ship calls to Dublin Port in Q3 and none is anticipated for the remainder of the year.