Caspian Basin Ports’ Throughput in November 2021: Crude Oil Down

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The total cargo throughput via the Caspian basin ports in November 2021 declined by 11.5% year-on-year.

The article is based on SeaNews PORTSTAT online service (available for SeaNews subsribers).

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According to SeaNews PORTSTAT analytic online service, transit was down 24.9%, and cabotage down 63%. Export grew by 4.3%, and import surged 2.6-fold.

The share of the Caspian basin in the total cargo traffic via all the Russian seaports in November 2021 made 0.8%.

43.7% of the total cargo traffic was crude oil, grain accounted for 24.7% and timber and logs for 7.7%.

It should be noted that the highest growth was in other bulk (suction) (up 5.5-fold), piece cargo (up 3.6-fold), and other general cargo (+44.8%).

The commodities that decreased were foodstuffs (-63.8%), crude oil (-23.9%) and timber and logs (—15.6%).

Makhachkala accounted for 63% of the aggregate cargo throughput via the Russian Caspian basin sea ports in November. Astrakhan handled 28.6%, and Olya 8.4% of the total.