From January to August 2023, the total number of containers at Houston Port reached 2.5 million TEUs!
Houston Port reports that the total number of containers from January to August this year has reached 2.5 million standard containers. The port processed 2510162 TEUs, a decrease of 4% compared to the same period last year.
Due to the relative balance of import and export demand, the empty container volume at Houston Port has decreased by 17% so far this year. In August, 307624 TEUs were processed, a decrease of 20% compared to the same period last year.
Due to a significant decrease in the number of empty containers, the total number of containers at Houston Port in August decreased compared to the same period last year.
In addition, the loading and export volume of Houston Port has increased by 10% so far this year, maintaining an upward trend throughout 2023, and supporting the overall export volume through Barbours Cut and Bayport container terminals.
These exports are mainly resin, and Houston Port is the top gateway for resin exports in the United States, accounting for 59% of the total resin exports. Since the beginning of the year, the import volume has decreased by 7%. This year, the consolidated loading capacity remains unchanged.
After a record breaking year in 2022, we are prepared to see a slight decrease in the number of imported goods and exported empty containers this year, "said Roger Guenther, Executive Director of Houston Port
He further added, "Nevertheless, we know the prospects are bright. Texas is the eighth largest economy in the world, and Houston Port is an important gateway for millions of consumers. We are now investing in key infrastructure enhancements to ensure the future liquidity of this gateway
Houston Port has recently added three STS cranes to the Bayport container terminal, which is sufficient to accommodate 15000 TEU of ships. Meanwhile, Wharf 6 of Bayport Container Terminal will receive the first ship this autumn.
In addition, the Houston Ship Channel Expansion Project (also known as Project 11) is also progressing as planned, with the Galveston Bay area over 27 miles planned to be completed by the end of 2024.
As of August, the total tonnage of all ports in Houston Port decreased by 6% to 33752499 short tons. In addition, so far this year, steel consumption has decreased by 14%, totaling 3169512 tons. However, since the beginning of this year, the import volume of automobiles has increased by 50% compared to the same period in 2022.
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