Drewry\: Port Throughput Indices Recovered During October Wi

Drewry\: Port Throughput Indices Recovered During October With a 4% Annual Increase


Drewry: Port Throughput Indices Recovered During October With a 4% Annual Increase
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.
Drewry’s container port throughput index finally showed recovery by reaching an all-time high of 139.1 points in October 2020, witnessing a 4% year on year and 2.4% month on month growth. This was the highest year on year growth recorded in 2020 which shows that the recovery is gathering momentum.
The container throughput index for China reached 152.5 points in October 2020, 9.5% higher than October 2019which was the strongest annual growth recorded across all regions. China has been leading the post-COVID-19 recovery since July 2020, but in previous months the reason for this growth was an increase in domestic cargo. However, China’s exports are gathering pace due to growth in orders from overseas markets. Early indicators are for a continued increase in exports in the coming months, which will in turn feed through to key consumer markets. China’s largest port Shanghai contributed the most to this growth, recording its highest ever monthly throughput of 4.2 mteu in October 2020.

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