Overall, unitised volumes, which encompasses both RoRo and LoLo markets, were below trend in Q4 2023, and have stagnated throughout the year. This is not surprising, given the difficult economic environment within which Irish importers and exporters have traded in recent years. However, unitised traffic has also avoided sharp declines. When the recent challenges are considered, the theme of unitised traffic at ports on the island of Ireland instead becomes one of resilience in 2023.
IMDO Unitised Traffic Report Q3 2024
In Q3 2024, Ireland's unitised traffic market displayed divergent trends between the Roll-on/Roll-off (RoRo) and Lift-on/Lift-off (LoLo) sectors. RoRo volumes declined by 1% year-on-year, with minimal fluctuations and stability in post-Brexit trade between Ireland, the UK, and the EU. Rosslare-Europort was the only port to record growth, while Dublin saw a slight decline due to reduced EU-bound traffic. Conversely, the LoLo sector experienced significant growth, with volumes up 15% in Q3 and 10% year-to-date, setting new records and recovering from a challenging 2023. This surge is attributed to eased inflation, strong domestic demand, and a shift from RoRo to LoLo at Dublin Port. Overall, Irish unitised traffic in 2024 is stable, slightly surpassing 2023 levels and showing resilience amid economic shifts.