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Data gathered by UK-based analysts VesselsValue Trade suggests that UAE ports’ prospects are positive once the pandemic is over. The company points out that despite the global Covid-19 pandemic, container trade into the UAE has stayed above 2019 levels. Its latest report says that “overall growth suggests that consumer demand has stayed consistent in the UAE, despite the strains of the Covid-19 pandemic.”
Using VesselsValue Port Analytics data to take a closer look at Jebel Ali, one of the main transhipment ports in the UAE, it finds there were 3517 journeys in total ending in the port over the last year, nearly triple the number of journeys compared to the UAE’s second top port, Khalifa. VesselsValue states: “The UAE’s top container port was impacted by Covid-19 at the beginning of the year, as many ports globally experienced reduced imports alongside record numbers of inactive containerships during this time. However, as demand recovered and port operations began to return to normal, the third quarter saw a significant increase in total capacity on the route.”
VesselsValue concludes that container trade within the UAE has not faltered as significantly as other countries and has experienced good overall growth, especially when compared to figures last year. “This suggests that the investment the UAE has made in recent years to improve port infrastructure has proven beneficial, especially amid the pandemic, when human workforces were compromised, and technology proved vital,” the company adds.
