RWI/ISL Container Throughput Input Index: Chinese ports support container throughput
The essence in a nutshell:
- The Container Throughput Index of RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) rose seasonally adjusted in August to 124.7 points compared to 123.4 points (revised) in the previous month.
- In the Chinese ports, on the other hand, container throughput expanded strongly. Their index value increased from 139.3 to 143.0 points.
- The North Range Index, which considers major continental European ports on the North Sea, fell sharply in August from 107.8 (revised) to 103.1 points compared to the previous month.
- The RWI/ISL Container Handling Index for September 2023 will be published on October, 27th 2023.
Commenting on the development of the Container Throughput Index, RWI’s head of economic research Torsten Schmidt says: "With the increase in August, container throughput is continuing its recovery. However, the increase is largely due to the Chinese ports, and for Europe, weak foreign trade is also emerging in the third quarter."
About the RWI/ISL Container Throughput Input Index:
The RWI/ISL Container Throughput Index consists of container throughput data from 92 international ports gathered continuously by the ISL Monthly Container Port Monitor as part of its market observation. These ports account for approximately 64 percent of global container traffic. The current flash estimate for the Container Throughput Index is based on data from about 51 percent of the total index displayed here. As international trade is handled primarily by sea, reliable conclusions can be drawn here from container port throughput data. Furthermore, the index is a reliable early indicator of international trade of manufactured goods as well as global economic activity as most ports already report their activities within two weeks after the end of each month. The container throughput index is part of the statistics on foreign trade in the „Dashboard Deutschland“ of the Federal Statistical Office. Data series for individual ports are available in the ISL Monthly Container Port Monitor.
For more background information on the RWI/ISL Container Throughput Index, please visit www.rwi-essen.de/containerindex.
Contact:
Prof. Dr. Torsten Schmidt, Phone: +49 (201) 8149-287, torsten.schmidt@rwi-essen.de
Sabine Weiler (Communication), Phone: +49 (201) 8149-213, sabine.weiler@rwi-essen.de
Data RWI/ISL Container Throughput Index
Graphic in printable resolution
RWI/ISL Container Throughput Index: North Range
