Port of Antwerp-Bruges will close 2024 with 2.3% growth in total throughput, amounting to 278 million tons. Despite geopolitical tensions and economic uncertainties, the port is showing resilience, with a strong increase in container throughput as the main driver. Ambitious plans are ready for 2025 to further strengthen its pivotal role in energy transition and international trade.
Strong container throughput drives growth amid turbulent times
Despite a turbulent economic climate, with rising energy prices, geopolitical tensions and increased international competition, Port of Antwerp-Bruges managed to achieve a total throughput of 278 million tons in 2024, a 2.3% increase over 2023.
Containers were the driving force behind this growth, up 8.9% in tonnage and 8.1% in TEUs. Reefer containers increased by 9.2%, accounting for 8.6% of total container traffic. The market share in the Hamburg-Le Havre Range grew by 0.7 percentage points to 30.6% in the first nine months of the year.
Other segments felt the impact of challenging market conditions. The chemicals sector is experiencing its worst years since 2009, while sectors such as construction and automotive were under pressure from high energy and raw material prices and low demand. Instability in the Red Sea and geopolitical tensions led to longer shipping times and uncertainty in international shipping.
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