November 18, 2022
- Volumes were lower across northern Europe while Mediterranean volumes continued to grow. Total volumes in October 2022 were 9.0% below 2021.
- North Sea volumes were below 2021 due to continued automotive production stops caused by shortages of parts. Labour strikes in the Felixstowe port also reduced volumes.
- Mediterranean’s volume growth rate picked up again in October following a dip in the growth rate in Q3.
- Channel’s volumes were significantly below 2021 due to a continued decrease in total market volumes and the addition of capacity by Irish Ferries.
- Baltic Sea’s volumes were below 2021 due to the war in Ukraine, although the percentage decrease was the lowest recorded in 2022.
- For the last twelve months 2022-21, the total transported freight lane metres decreased 1.7% to 42.8m from 43.5m in 2021-20.
- The number of passengers continued to recover and increased 172% to 332k equal to 84% of volumes in October 2019, the latest comparable month pre-Covid-19.
- The number of cars equalled 85% of volumes in 2019.
- For the last twelve months 2022-21, the total number of passengers was 3.5m compared to 0.8m in 2021-20 and 5.1m in 2019.