According to the latest global port development report (2021) released by Shanghai International Shipping Research Center, the global seaborne trade and port production showed a rebound growth and slow recovery trend in 2021; However, the development of global ports still faces a series of risks such as trade protection, repeated epidemics and geographical conflicts. Therefore, it is expected that the global port production situation will continue to grow in 2022, but the growth rate may decline and gradually tend to a moderate recovery stage.
According to the analysis of the report, the background of the rebound growth of global ports is that the economic operation tends to be stable due to the improvement of global vaccine penetration in 2021, superimposed with the support of a large number of fiscal and tax stimulus policies of various countries, and under the action of the low base in 2020, the world economic and trade growth presents a phased reversal and will enter the stage of slow recovery. According to the latest estimates of the International Monetary Fund (IMF) and the World Trade Organization (WTO), the growth rate of the global economy and trade volume in 2021 is 5.9% and 10.8% respectively, both of which not only change from negative to positive, but also show an obvious growth trend compared with 2020.
The report shows that in 2021, the growth rate of global port cargo throughput stopped falling and rebounded. In 2021, thanks to the further control of the global epidemic, the manufacturing and logistics industry will return to work in an all-round way, superimposed with various fiscal and tax incentives and consumption incentives under the loose monetary policy, invigorate the market economy and expand trade demand, promote the double growth of trade demand for finished products and raw materials, and help the overall cargo throughput of major ports in the world to achieve a good rise of 4.5%, with a growth rate of 5.9 percentage points compared with 2020, In the first half of the year, it rebounded significantly under the low base effect, and gradually entered a slow recovery trend in the third and fourth quarters as the base effect disappeared. In terms of subregions, the growth rate of cargo throughput of major ports on all continents rebounded across the board. Except that the growth rate of port throughput in Oceania due to the transfer of coal mine trade was only 1.1%, the growth rate of ports in other continents remained above 4%.
According to the report, the production situation of the world's top 50 ports recovered well in 2021, with a total cargo throughput of 16.29 billion tons, a year-on-year increase of 4.1%, of which 39 ports had a positive year-on-year growth, of which 10 ports had a growth rate of more than 10%, and the fastest growth was Jiangyin port of China River (36.6%). The ranking of 10 of the top 20 ports has changed, Qingdao Port International Co.Ltd(601298) , Rizhao Port Co.Ltd(600017) respectively surpassed Guangzhou Port Company Limited(601228) , Tianjin Port Co.Ltd(600717) , realizing ranking swap with the growth rate of 4.3% and 9.1% respectively Rizhao Port Co.Ltd(600017) 2022 is expected to continue to catch up with the port of Hedland in Australia, ranking eighth in the world.
The report also shows that in the ranking of the world's top 20 cargo throughput ports in 2021, China occupied 8 seats. Among them, Ningbo Zhoushan port ranked first, Shanghai Port ranked second, Tangshan Port Group Co.Ltd(601000) ranked third, Qingdao Port International Co.Ltd(601298) and Guangzhou Port Company Limited(601228) ranked fourth and fifth respectively. Suzhou Port, Rizhao Port Co.Ltd(600017) , Tianjin Port Co.Ltd(600717) ranked seventh, ninth and tenth respectively.
