Port of Rotterdam’s Throughput Falls Amid Global Tensions

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Port of Rotterdam’s Throughput Falls Amid Global Tensions

Europe’s busiest port, the Port of Rotterdam, saw a decline of 1.4% in its total throughput in the first quarter of 2024 compared to last year.

The decrease is primarily attributed to a reduction in the throughput of coal, crude oil, and oil products.

The throughput figures reflect a limited import of raw materials and exports of finished products, suggesting that European industrial production continues to suffer from high energy costs and decreased demand from majorly declining sectors like construction, processing and automotive industries.

 

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