Romania. Constanta port reduced handling of agricultural products in 2017

13.03.2018

In 2017, Romania's largest port was unable to set a new handling record and ceased the growth of grain transshipment, which lasted for five years in a row.

Grain handling in the port of Constanta was 12.3% less compared to 2016, reports UkrAgroConsult. As a reminder, in 2016 Constanta seaport handled the maximum grain volume – 20.4 MMT.

Owing to an active development of port infrastructure and increase in agricultural production in Romania, Constanta seaport has become one of the largest grain hubs in Europe. Over the past ten years, grain handling in the port has tripled, and the share of agricultural products in the total cargo turnover has reached 37%.

The fact that Constanta is located at the intersection of trade routes was one of the main drivers for port development. The proximity to the Danube River allows the Romanian port to be a transit gate for grain from Serbia, Hungary, Bulgaria and Austria.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain” and “Online market review” by UkrAgroConsult.

 

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