Modest global volume growth in 2015
Not all was doom and gloom –some growth was noted last year. Global containerized trade amounted to a provisional 140.4 million teu in 2015, a 1% increase compared to 2014. The figures were compiled by Container Trades Statistics (CTS).
Intercontinental trade rose by 1.6% to 100 million teu, while intra-regional volumes shrank. Export container trades developed well, with increases of between 4.8% and 5.8% for the Middle East and Latin America, while North America and Africa were on the losing side. The Far East proved that size does not always matter, stagnating at almost half of the trade volume.
Box imports grew substantially in North America and the Middle East, while Europe as a whole went down. Africa lost significantly on the import side, as did Latin America, because Brazil ceased to serve as a power house.