Port Houston Posts Record Volume in 2022 Nearly 4 million TEUs for the Year
Port Houston recorded its best year yet in 2022. Port Houston container annual volume was up 14%, reaching just shy of 4 million Twenty-Foot Equivalent Units (TEUs), at 3,974,901 TEUs. This is nearly double the volume posted six years earlier in 2016 and 492,526 TEUs more than in 2021. Total tonnage was up 22% for the year, reaching 55,060,963 short tons, a new record.
The Port had consistent double-digit growth at Bayport and Barbours Cut container terminals from January through November. In December, volumes dipped compared to the record 2021 activity, a softening of demand that mirrors other gateways across the country. A total of 292,027 TEUs were handled at Port Houston during December, a 12% decrease compared to December 2021. Loaded container imports decreased by 16% in December while this was the top December ever for exports, which increased 7% year-over-year.
Steel imports through Port Houston were up 25% in December and 49% for the year. At more than 5 million short tons, it was the highest year for steel import tonnage at Port Houston in more than five years. Steel import products with large increases include line pipe, standard pipe, oil country goods, heavy structural shapes, and wire rods. While down 29% for the month of December, auto import units ended the year 7% up. Bagged goods imports were up 50% as compared to last year.
About Port Houston
For more than 100 years, The Port has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and $801.9 billion in economic impact across the nation.