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Dublin decline ‘could have been worse’
[ July 10, 2020 // Chris ]Dublin Port reported a decline in overall tonnage of -10.9% in the first six months of 2020.Having seen a decline of -4.8% in the first quarter, due to Brexit stockpiling in the first quarter of last year, there was a further and steeper decline in the second quarter of 2020 of -17.0% due to the Covid pandemic. However, the fall was less than had been feared following a decline in the month of April of -26.2%. This was followed by a smaller decline of -20.5% in May and by a decline of just -5.5% in June.
Unitised trade (trailers and containers combined) fell by -13.5% to 321,000 units during the second quarter with Ro-ro trailers declined by -13.0% to 225,000 units and lo lo by -14.0% to 173,000teu. Imports of new trade vehicles through Dublin Port in the April to June period decreased by -64.9% to 9,900 and a significant decline appears inevitable for the rest of the year.
Tags: Dublin