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BTJ 2/22 - REPORT: Baltic port market in 2021

by Marek Błuś

Last year made breaking the region's freight port traffic 900 million tonnes ceiling again possible - by a hefty 13mt.

With 342.79mt (+8.8% year-on-year), the general cargo market explicitly dethroned liquid bulk as the Baltic's leading trade.

The turnover of dry bulk also rose, albeit by a modest 1.6% yoy to 257.26mt.

On the other hand, less liquid goods went through the regional seaports' jetties, down 1.8% yoy to 312.88mt (so a noticeable negative of 29.91mt behind general cargo).

Most certainly, the figures for 2022 will be a completely different story, given the impact of the sanctions against Russia because of its aggression on Ukraine.

The mythical one billion tonnes mark has once more hidden itself in the darkness of the future.

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