Port of Cork sees 15% drop in goods handled 

Britain and Northern Ireland accounted for 33% of the total amount of goods handled at Irish ports
Port of Cork sees 15% drop in goods handled 

Goods Last 9 Cork Million 2 1 Year The June —   Between Tonnes Managed Down Port Of Million 26 April Of And From

The Port of Cork saw a 15% decline in goods handled during the months April to June compared to the same period last year which resulted in Shannon Foynes overtaking it as the second busiest port in the country, new data from the Central Statistics Office (CSO) shows.

Across all Irish ports there was a slight decrease in the total tonnage of goods handled during this period down to just under 12.14 million tonnes compared to close to 12.9m during the same period in 2023.

Dublin Port remains the busiest port in the country handling over 6.4 million tonnes during the three-month period — a slight increase of 0.5% on last year. Shannon Foynes Port handled nearly 2.2 million tonnes — a 10% increase year-on-year.

The Port of Cork on the other hand managed 1.9 million tonnes — down from 2.26 million. Ports at Drogheda and Bantry Bay both recorded increases compared to last year while the port at Rosslare recorded a slight decrease in overall tonnage.

Last year, the Port of Cork Company reported a drop in overall annual traffic from 10.5 million tonnes to 9.5 million. While the company’s revenue remained consistent at €48.4m for the year, its profit dropped to €7.5m from €9.16m, reflecting increased interest charges and additional operational costs.

Of the total tonnage of goods managed by Irish ports over the three-month period, 8.2 million tonnes were goods received into Ireland, up 3% from last year, while 3.9 million tonnes were forwarded on to other ports, down 6%.

Britain and Northern Ireland accounted for 33% of the total amount of goods handled at Irish ports with EU countries accounting for 48%. Other non-EU countries accounted for 2.6%.

Between April and the end of June, the CSO said 2,958 vessels arrived in the seven main Irish ports compared with 3,036 last year. Dublin Port accounted for 61% of all vessel arrivals into Ireland. 

This data comes as Irish exports continue to do well growing by 8% during the first eight months of the year largely driven by a strong pharmaceutical and chemical sectors and a surge in trade with the US.

Ireland's unadjusted exports of goods rose by €1.2bn to €17.3bn compared with the same month in 2023. Exports of medical and pharmaceutical products grew by 20% to €8.2bn in August 2024 compared to the same period last year, accounting for 47% of total exports.

However, this offset a 10% drop in exports of organic chemicals, totalling €1.5bn in the same period.

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