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

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

  • 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).

    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.


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