In 2022, the impact of the COVID-19 pandemic, the escalation of the conflict between Russia and Ukraine had a significant impact on global commodity supply, and the Federal Reserve continued to raise interest rates, exacerbating the risk of global inflation and stagflation. In this context, macro-economic support for port demand weakened. The completed cargo throughput of national ports only increased by 0.9% year on year, 5.9 percentage points slower than that in 2021. Among them, coastal ports grew by 1.3%, 3.4 percentage points slower than the previous year. Ports below Nanjing completed 2.22 billion tons, basically the same scale as last year. River ports declined by 0.5%.
Combined with the development trend of consumption, investment, import and export, as well as the research conclusions of relevant institutions, it is expected that the national port throughput will show a recovery growth trend in 2023, and the growth rate of inland river throughput is faster than that of coastal areas.
Container increment contribution is large
In 2022, in the face of a complex and severe environment both at home and abroad, the Chinese economy will keep growing in shock. GDP and industrial added value above designated size increased by 3.0 percent and 3.6 percent year-on-year, 5.1 and 6.0 percentage points slower than 2021, respectively. In this context, the cargo throughput of Chinese ports was 15.7 billion tons in 2022, up 0.9 percent year on year. Among them, the cargo throughput of coastal ports was 12.35 billion tons, up 1.3% year on year, the growth rate was 3.4 percentage points slower than that of last year. Ports below Nanjing completed 2.22 billion tons, the scale was basically the same as last year; Inland ports handled 3.33 billion tons of cargo, down 0.5% year on year.
In 2022, the import and export volume of foreign trade goods decreased. In the whole year, the foreign trade cargo throughput of the country's ports was 4.61 billion tons, down 1.9% year on year, among which the foreign trade cargo throughpu