
1 minute read
Imports drive increased port activity in Q1
Dublin Port Tonnage Million Tonnes (SA)
Activity levels at Dublin Port increased in Q1 2023, driven by greater volumes of imports. A total volume of 9 million tonnes of throughput (SA) was handled in the first quarter, representing modest growth of 0.7% QoQ. This expansion was solely attributable to a QoQ increase in imports (+1.1%) as exports (-1.0%) declined for a third consecutive quarter. Port activity remained down by 2% YoY due to contractions in both import (-2.3%) and export (-1.6%) levels, with total throughput standing 1.1 million tonnes (-11%) below its Q4 2020 peak. This is likely related to a combination of factors including global inflationary pressures.