Abp-Economic-Impact-Study.Pdf
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Keeping Britain Trading 2 The UK’s leading ports operator ABP is the UK’s leading ports operator, handling around a quarter of the UK’s seaborne trade in goods. Our 21 ports around Britain include Immingham, the UK’s largest port by tonnage, and Southampton, the UK’s principal port for automotive trade and number one export port. Together with our customers, our ports contribute £7.5 billion to the UK economy every year and support around 119,000 jobs across the country. ABP’s ports play an important role in supporting businesses up and down the country, facilitating trade and providing access to international markets. Troon These trade flows are crucial to Ayr UK manufacturers and industry and help to drive national and regional economic growth. Silloth Barrow Fleetwood Goole Hull Immingham Garston Grimsby King’s Lynn Hams Hall Lowestoft Railfreight Terminal Ipswich Swansea Newport Port Talbot Cardiff Barry Southampton Teignmouth Plymouth 3 Keeping Britain Trading Keeping Britain Trading 4 This report highlights the critical importance of ABP’s ports for the British economy and looks at: • the value of trade ABP handles on behalf of our customers • the jobs we support in communities around Britain • the jobs we support through our role in the supply chain of industries such as automotive manufacturing • the value of our contribution to the economy measured by Gross Value Added (“GVA”) • the development opportunities our ports offer to boost exports, trade and economic growth in the future. 5 Keeping Britain Trading Keeping Britain Trading 6 The value of goods passing through ports for which ABP is the statutory harbour The £149bn authority. Share of total value of UK trade in goods handled Value 29% by ABP. Value of exports handled at the Port of Southampton, making it the UK’s number one of £40bn export port. ABP’s Humber ports handle trade worth £75 billion, more than the Mersey, Tees Trade £75bn and Tyne combined. 7 Keeping Britain Trading Keeping Britain Trading 8 Total Trade The value of goods passing through a number of ports for which ABP is Statutory Harbour Authority was highlighted in an MDS Transmodal study looking at UK major ports. For more information visit www.abports.co.uk Port Total Humber Southampton £71 billion £75 billion The Humber is the UK’s Troon busiest trading estuary Grimsby & Immingham £62 billion Ayr and a vital gateway to the Northern Powerhouse Hull £12 billion Silloth Newport £1 billion Barrow Goole £805 million Fleetwood South Wales Goole Hull Port Talbot £764 million Immingham £2.3 billion Garston Grimsby Ipswich £610 million ABP’s ports play a vital role in serving the Welsh economy King’s Lynn Plymouth £473 million Hams Hall Lowestoft Railfreight Cardiff £422 million Terminal Ipswich Swansea £138 million Swansea Newport Port Talbot Cardiff Barry Southampton Teignmouth Port of Southampton Plymouth £71 billion Southampton is the UK’s number one export port and principal port £149 billion for the automotive trade 9 Keeping Britain Trading Keeping Britain Trading 10 Exports Imports Key fact Key fact The Port of Southampton is the UK’s ABP’s Humber Ports are integral number one export port, handling to UK energy supply chains, £40bn of exports every year including helping to keep 1 in 10 of the £36bn of non-EU trade. nation’s lights on. Port Total Port Total Southampton £40 billion Grimsby & Immingham £39 billion Grimsby & Immingham £23 billion Southampton £31 billion Hull £4 billion Hull £8 billion Newport £550 million Port Talbot £705 million Goole £149 million Goole £656 million Cardiff £123 million Newport £509 million Ipswich £120 million Ipswich £490 million Plymouth £117 million Plymouth £365 million Swansea £93 million Cardiff £299 million Port Talbot £59 million Swansea £45 million ABP Export Total ABP Import Total £68 billion £81 billion 11 Keeping Britain Trading Keeping Britain Trading 12 Supporting Jobs and Driving the Economy 13 Keeping Britain Trading Keeping Britain Trading 14 Supporting jobs across Britain Scotland Troon Ayr 600 Silloth North West Humber Barrow Fleetwood 8,100 Goole Hull 34,900 Immingham Garston Grimsby King’s Lynn Hams Hall Lowestoft Railfreight Terminal South Wales East Anglia Ipswich Swansea Newport 21,800 Port Talbot Cardiff 5,300 Barry South West Southampton Port of Southampton 1,600 Teignmouth 45,600 Plymouth ABP supports 119,000 jobs 119,000 around the country. *Nationwide ABP Services support a further 800 jobs across the UK 15 Keeping Britain Trading Keeping Britain Trading 16 Supporting jobs in key industries ABP’s ports are an integral part of ABP’s ports are a vital part of supply often complex supply chains that chains serving key sectors such as stretch around the globe. automotive manufacturing, chemicals and pharmaceuticals, and the food and The Port of Southampton supports 11,700 jobs in the By enabling the import of components beverages sector. or raw materials and export of finished automotive sector in the West Midlands products, our ports support industry and It is because of this essential role that the manufacturing jobs in local economies Port of Southampton supports 11,700 11,7 0 0 well beyond their immediate hinterland. jobs in the automotive sector in the West Midlands; it’s why our ports on the Humber support 5,700 jobs in chemicals, pharmaceuticals, oil and petroleum in Our ports on the Humber West Yorkshire and 12,500 jobs in the support 5,700 jobs in chemicals, food and beverages sector in Greater pharmaceuticals, oil and petroleum in West Yorkshire Lincolnshire. 5,700 A study undertaken by Edge Economics focussed on how a selection of ABP ports support jobs in these sectors in a number of Local Enterprise Partnership and new Our ports on the Humber also Combined Authority Areas in England. support 12,500 jobs in the food and beverages sector in Greater Lincolnshire For more information go to www.abports.co.uk 12,5 0 0 17 Keeping Britain Trading Keeping Britain Trading 18 Sheffield City North East Region CA CA 3,500 13,000 5.9% 14.1% 150 Liverpool City Tees Valley Region CA CA 7,000 700 14.9% 4,500 2.8% 871 CWLEP West Yorkshire CA 7,000 17.5% 1,200 4,000 3.5% Greater Manchester CA D2N2 LEP 3,000 4,500 3.0% 100 3.5% 900 West Midlands CA OX LEP 29,000 4,000 21.2% 11,700 16.7% 2,264 SW LEP Automotive manufacturing jobs 4,500 16.1% 850 As a % of the total manufacturing jobs C2C LEP Direct production 2,250 5.8% 1,000 jobs related to ABP movements Enterprise M3 LEP Combined Authority Areas 2,500 6.0% 600 Local Enterprise Partnership areas Selected ABP ports Automotive 19 Keeping Britain Trading Keeping Britain Trading 20 Sheffield City North East Region CA CA 5,860 13,050 9.9% 2,300 14.2% 5,200 Liverpool City Tees Valley Region CA CA 9,475 5,845 20.2% 23.4% 2,300 871 CWLEP West Yorkshire CA 9,250 23.1% 14,350 12.7% 5,700 Greater Manchester CA D2N2 LEP 19,025 15,350 18.8% 12.1% 6,100 West Midlands OX LEP CA 3,450 12,125 14.4% 8.9% 4,900 Humber SW LEP LEP Chemicals, Pharma, Oil and Petroleum 5,250 12,750 manufacturing jobs 18.8% 20.6% 10,200 As a % of the total Solent LEP GLLEP manufacturing jobs 4,350 8,700 9.9% 13.6% 5,900 Jobs supported by intermediate product Herts movements through LEP ABP ports 7,260 21.4% Combined Authority Areas Local Enterprise Partnership areas Selected ABP ports Chemical, Pharma, Oil and Petroleum 21 Keeping Britain Trading Keeping Britain Trading 22 Sheffield City North East Region CA CA 6,400 8,000 10.8% 2,100 8.7% 2,600 Liverpool City Tees Valley Region CA CA 6,450 3,725 13.7% 14.9% 1,200 871 CWLEP West Yorkshire CA 5,350 13.4% 18,000 15.9% 8,900 Greater Manchester CA D2N2 LEP 21,000 19,450 20.8% 15.3% 6,400 West Midlands York & North Yorkshire CA LEP 12,000 15,250 8.8% 5,000 28.8% 7,500 Gloucestershire GLEP Humber LEP Food and Beverage 3,500 manufacturing jobs 10.3% 900 14,300 23.1% 8,000 As a % of the total LLEP manufacturing jobs GLLEP 13,700 22.1% 5,700 22,250 34.8% 12,500 Jobs supported by intermediate product Heart of the South West SEMLEP movements through HOSW ABP ports 12,700 17,750 18.7% 1,000 20.2% 4,400 Combined Authority Areas Dorset The Marches LEP LEP Local Enterprise 3,800 9,000 Partnership areas 13.1% 600 24.3% 1,500 Selected ABP ports Food and Beverages 23 Keeping Britain Trading Keeping Britain Trading 24 ABP contributes £7.5 billion to the £ 7. 5 b n UK economy every year. GVA contribution across Britain Scotland Troon Ayr £40m Silloth North West Humber Barrow Fleetwood £550m Goole Hull £2.5bn Immingham Garston Grimsby King’s Lynn Hams Hall Lowestoft Railfreight Terminal South Wales East Anglia Ipswich Swansea Newport £1.5bn Port Talbot Cardiff £360m Barry South West Southampton Port of Southampton £110m Teignmouth £2.5bn Plymouth *Gross value added (GVA) measures the contribution to an economy of an individual producer, industry, sector or region. 25 Keeping Britain Trading Keeping Britain Trading 26 A world of opportunity Our ports offer opportunities for bespoke commercial development across a number of strategic locations served by excellent road and rail connections as well as access to deep water.