Seaborne Cargo Handling
In 2023, the Port of Hamburg experienced a significant decline in handling and traffic development, largely due to reduced demand and a weakened global economy. This downturn reflects ongoing geopolitical tensions, particularly exacerbated by Russian aggression in Ukraine, as well as subdued performance in key markets such as China.
Overall, Hamburg port terminals handled 114.3 million tonnes of seaborne cargo during the year, representing a decrease of 4.7% compared to the previous year. Despite these challenges, Germany's largest universal port managed to maintain its competitive position in the market. Within the port's operations, the breakbulk segment experienced a significant decline of 6.6 percent to 78.1 million tonnes. In contrast, bulk cargo throughput remained stable at 36.32 million tonnes compared to the previous year.
Seaborne Cargo handling, 1989 – 2023, in million tons
From: - 2023
Seaborne Cargo Handling | Copyright: Michael LindnerSeaborne Cargo Handling
HHM / Jochen WischhusenBulk Cargo Handling
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Christian Ulken
Market Research Manager, Port
+49 40 37709 117I analyze the port stage of the transport chain, compiling monthly market research reports for our members. To have my finger directly on the pulse of the Port of Hamburg is my motivation.