Liepaja port reduced iron ore transshipment by 37.8% y/y in January-September

In 9 months, port officials reduced iron and steel cargo transshipment by 65.7% y/y

The Liepaja seaport (Latvia) reduced the transshipment of iron and manganese ore by 37.8% in comparison with the same period in 2022 – to 32.1 thousand tons in January-September 2023. This is evidenced by the data published on the port’s website.

Transshipment of other metals in the port of Liepaja decreased by 21% y/y in January-September – to 7.5 thousand tons. Processing of ferrous metals and iron alloys did not take place during this period, while 10.3 thousand tons of non-ferrous metals were handled, which is 87.6% less y/y.

In general, in January-September, porters of the Liepaja port handled 49,900 tons of cargo from the iron and steel complex, which is 65.7% less compared to the previous year.

The total cargo turnover of the Liepaja port for 9 months of 2023 was 5.19 million tons. This is 8.1% more compared to January-September 2022. Grain and cereal products were processed the most – 2.28 million tons (+3.2% y/y). In the second place are building materials – 555.6 thousand tons (-5.4% y/y), and in third place – wood pellets, 208.4 thousand tons (+12.8% y/y).

The processing of bulk cargoes fell by 4.4% y/y for the year – to 3.53 million tons, general – decreased by 14.4%, to 1.45 million tons, and bulk – decreased by 19.6%, to 211.8 thousand tons.

Liepaja port is one of the three largest ports in Latvia, it is located on the coast of the Baltic Sea. In 2022, the Liepaja port processed 58.7 thousand tons of iron and manganese ore, which is 11.5 times more than y/y. In general, for the year port workers handled 7.61 million tons of cargo, which is 7.8% more compared to 2021.

As GMK Center reported earlier, the Port of Riga (Latvia) in 2022 increased transshipment of iron ore by 16.8% compared to the same period in 2021 – up to 954.6 thousand tons. Transshipment of scrap, steel products and ferroalloys in the port of Riga for 12 months last year amounted to 516.6 thousand tons, which is 28.7% less compared to 2021.