PORT'S RECORD TRADE OUTSTRIPS COMPETITORS
Published Tuesday, 25 September, 2007 at 09:40 AM
Minister for Transport, Trade, Employment and Industrial Relations
The Honourable John Mickel
Strong economic conditions, sustained population growth and the continuing boom in mining and construction led to record-breaking performances in both container and total trade volumes through the Port of Brisbane in 2006-07.
Releasing the port’s end-of-year trade results today, Transport Minister John Mickel said Brisbane’s container trade had hit an all-time high of 875,069 20-foot equivalent units - (up 14.2% or 108,769 standard containers).
"The Port of Brisbane's growth has again surpassed that of its east-coast capital-city port competitors," Mr Mickel said.
“Brisbane has eclipsed the growth through the ports of Melbourne and Sydney, and compounded container trade growth over the last 10 years has been 12.4% per annum."
Import and export container trade recorded strong increases of 13.7% and 14.7% respectively.
These increases were largely due to increased imports of retail products (up 14.5% to 169,468 containers),and transhipped container trade, which increased dramatically by 79.2% to 45,148 units.
Export metal manufactures also increased by a massive 94.5% to 9,664 containers.
Both import and export timber recorded strong growth (up 23.5% and 23.8% respectively).
These positive figures compensated for decreases in export cereals (down 56.5% to 364,499 tonnes), cotton and cotton seed (down 31.7% to 231,939 tonnes), which continue to struggle in the face of severe prolonged drought conditions. Imports of fertiliser and chemicals also decreased slightly (1.4%) as a result of these conditions.
“Overall, our share of the east-coast container market again increased, by 0.6% to 19.1%,” Mr Mickel said.
“Following the national trend, Queensland motor-vehicle sales remained strong throughout the year, leading to a substantial rise in motor-vehicle imports of 15.8% to reach a total of 204,386 units (including transhipments).
“Although we saw a significant increase in the number of container ships and car carriers visiting the port, the increasing size of vessels worldwide led to marginal growth in total ship visits, up 0.5% to 2632.”
Total tonnage achieved its highest growth rate in many years, up 4.9% or 1.3 million tonnes to 28.1 million tonnes.
Exports increased by 1.94% or 229,000 tonnes to reach 12 million tonnes, and total imports recorded a notable rise of 7.31% or 1.1 million tonnes, to reach 16.1 million tonnes.
“These results are extremely positive considering the significant effects of prolonged drought conditions on key agricultural trades like cotton and cereal,” Mr Mickel said.
Media contact: Chris Brown 3237 1944 or Elouise Campion 3237 1125.
September 25, 2007
Releasing the port’s end-of-year trade results today, Transport Minister John Mickel said Brisbane’s container trade had hit an all-time high of 875,069 20-foot equivalent units - (up 14.2% or 108,769 standard containers).
"The Port of Brisbane's growth has again surpassed that of its east-coast capital-city port competitors," Mr Mickel said.
“Brisbane has eclipsed the growth through the ports of Melbourne and Sydney, and compounded container trade growth over the last 10 years has been 12.4% per annum."
Import and export container trade recorded strong increases of 13.7% and 14.7% respectively.
These increases were largely due to increased imports of retail products (up 14.5% to 169,468 containers),and transhipped container trade, which increased dramatically by 79.2% to 45,148 units.
Export metal manufactures also increased by a massive 94.5% to 9,664 containers.
Both import and export timber recorded strong growth (up 23.5% and 23.8% respectively).
These positive figures compensated for decreases in export cereals (down 56.5% to 364,499 tonnes), cotton and cotton seed (down 31.7% to 231,939 tonnes), which continue to struggle in the face of severe prolonged drought conditions. Imports of fertiliser and chemicals also decreased slightly (1.4%) as a result of these conditions.
“Overall, our share of the east-coast container market again increased, by 0.6% to 19.1%,” Mr Mickel said.
“Following the national trend, Queensland motor-vehicle sales remained strong throughout the year, leading to a substantial rise in motor-vehicle imports of 15.8% to reach a total of 204,386 units (including transhipments).
“Although we saw a significant increase in the number of container ships and car carriers visiting the port, the increasing size of vessels worldwide led to marginal growth in total ship visits, up 0.5% to 2632.”
Total tonnage achieved its highest growth rate in many years, up 4.9% or 1.3 million tonnes to 28.1 million tonnes.
Exports increased by 1.94% or 229,000 tonnes to reach 12 million tonnes, and total imports recorded a notable rise of 7.31% or 1.1 million tonnes, to reach 16.1 million tonnes.
“These results are extremely positive considering the significant effects of prolonged drought conditions on key agricultural trades like cotton and cereal,” Mr Mickel said.
Media contact: Chris Brown 3237 1944 or Elouise Campion 3237 1125.
September 25, 2007