Valenciaport posts 10% traffic growth in 2024

The Port of Valencia, one of the busiest ports in the Mediterranean, witnessed a substantial uptick in the total number of containers passing through Valencian terminals.

Citing data from the Statistical Bulletin of the Port Authority of València (PAV), Valenciaport said that the accumulated traffic of January and February of this year shows that the total number of containers that have entered and left the Valencian terminals has grown by 9.97% compared to the same period of 2023, reaching 784,095 TEUs.

Robust performance was recorded across both full and empty containers, with increases of 7.17% and 20.31% respectively. Calculated by weight, the volume of goods that passed through the Valencian terminals in this period reached 12,208,814 million tonnes, an increase of 6.33%.

The bulletin breakdown of the total traffic by sector shows that almost all sectors grew in 2024: iron and steel (+3.03%), non-metallic minerals (+19.42%), fertilisers (+28.53%), chemicals (+4.42%), agri-foodstuffs (+15.75%), vehicles and transport (+1.79%). On the other hand, the bulletin reflects a decrease in the energy sector (-21.92%) and construction materials (-3.91).

Passengers increased by 31.76%, with a total of 128,070 people entering and leaving Valencia, 89,394 of them on regular lines with the Balearic Islands and Algeria. Vehicle traffic fell by -13.39% but the year-on-year figure remained up by +3.07%.

Regarding rail transport, the number of containers transported by train grew by +2.71%. The bulletin also shows that ro-ro traffic increased by +2.64%, while ITUs (container truck platforms or Intermodal Transport Units) grew by +11.68% to 79,334 units.

Trade with China saw 30% growth in 2024

Traffic with the Far East area continues to grow and the number of TEUs handled during the last two months has reached 124,834 (+19.02%) compared to the same period in 2023. China remains Valenciaport’s main trading partner with 93,636 containers handled (+29.99%). However, the countries that have grown the most in their traffic with Valenciaport have been Saudi Arabia (+97.14%), Egypt (+97.44%), and Greece (+78.91%), due to the increase in transshipment traffic at the Valencian docks, mainly originating in Asia and destined for other Mediterranean ports.