The throughput of the largest container port in the United States will plummet in 2023!

The throughput of the largest container port in the United States will plummet in 2023!

It is understood that the Port of Los Angeles will complete container throughput of 8.634497 TEUs in 2023, a year-on-year drop of 13%. Not only has it fallen sharply for two consecutive years, but the current throughput is already lower than the level before the epidemic (2019)

port of los angeles
The Port of Los Angeles (LA) is located at the top of San Pedro Bay on the southwest coast of California in the southwestern United States, on the east side of the Atlantic Ocean. It is the largest container port in the United States. It is one of the continental bridgeheads in North America and the western bridgehead of the Santa Fe Railway, the main east-west trunk line across the United States. The eastern bridgehead on the Atlantic coast is Philadelphia. Another main railway line is the Southern Pacific Railway, which runs from Los Angeles through the Port of New Orleans and extends eastward to the Port of Jacksonville on the Atlantic coast.

While the throughput of the Port of Los Angeles plummeted, the Port of Long Beach, another major port in the Western United States, also experienced very slow growth compared to before the epidemic.

The Port of Long Beach will complete container throughput of 8.018668 million TEUs in 2023, a year-on-year decrease of 12.2%, an increase of 5.07% compared to before the epidemic, and a compound annual growth rate of only 1.24%.

port of long beach
Long Beach (LB), also known as Long Beach Port, is located in southern California, 40 kilometers south of Los Angeles. The Port of Long Beach is the primary gateway for U.S. trans-Pacific trade and the second busiest container seaport in the United States, after the Port of Los Angeles. The Port of Long Beach is a major port for U.S.-Asia trade. Its main trading partners are China, Japan, Hong Kong, South Korea, Thailand, Mexico and Indonesia.

In addition to the decline in throughput at U.S. ports, it is also worth mentioning that the latest data released by the U.S. research company Descartes Datamyne shows that in 2023, Asia’s shipping container transportation volume to the United States will be 17.5085 million TEUs, a year-on-year decrease of 11% , China, which has the largest share, decreased by 13% year-on-year.

Overall, shipping container traffic from Asia to the United States in 2023 will be lower than during the COVID-19 epidemic, but will increase by 7% compared to before the epidemic (2019).

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