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  • January 18, 2021

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BTJ 6/20 - REPORT: The Baltic bulk market in 2019

by Marek Błuś and Przemysław Myszka

Last year, the region's bulk market advanced across the board, exceeding the result noted for the entire port traffic.

In total, nearly 610.2mt were handled, an increase of 1.7% year-on-year, which made it possible to extend the bulk segment's share by 0.7 percentage points, from 63.66% to 64.39%.

In detail, however, the picture is a mixed one, as five countries handled more bulk cargoes, whereas four had to sustain a loss. The same pretty much holds true for individual liquid and dry bulk results.

On the whole, liquid bulk rose by 2.4% yoy to 349.2mt, while dry bulk saw a more modest increase of 0.8% yoy to 261mt.

The regional Top 10 bulk ports strengthened their combined position by growing together by 4.4% yoy to 351.1mt; except for Ventspils substituting Brofjorden, which recorded a heavy dip, the composition of the leading pack remained unchanged.

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