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Great Lakes Limestone Trade Down in 2022

Great Lakes Limestone Trade Down in 2022

Great Lakes Iron Ore Trade Down in 2022

DULUTH, MINNESOTA  ~~~~~~  January 15, 2023 (LSNews) Shipments of limestone on the Great Lakes totaled 28.8 million tons in 2022, a decrease of 2.45 percent compared to 2021.  2022’s loadings were slightly below the trade’s 5-year average.

Loadings from U.S. quarries totaled 23 million tons, a decrease of 1.9 percent compared to 2021.  Shipments from U.S. quarries were also below their 5-year average by 1.4 percent.

Shipments from Canadian quarries totaled 5.8 million tons, a decrease of 4.5 percent compared to the prior year, but 5.7 percent better than their 5-year average.

 

GREAT LAKES LIMESTONE TRADE: DECEMBER 2017-2022 AND LONG-TERM AVERAGE 
(NET TONS)

 

2017

2018

2019

2020

2021

2022

Average
2017-2021

U.S. Ports

1,144,188

1,314,890

817,038

847,215

1,323,849

1,079,583

1,089,436

Canadian Ports

192,812

109,642

149,841

276,112

205,840

163,913

186,849

Total

1,337,000

1,424,532

966,879

1,123,327

1,529,689

1,243,496

1,276,285

 

YEAR-TO-DATE 2017-2022 AND LONG-TERM AVERAGE 
(NET TONS)

 

2017

2018

2019

2020

2021

2022

Average
2017-2021

U.S. Ports

23,170,094

23,451,984

25,661,633

21,089,508

23,492,512

23,041,015

23,373,146

Canadian Ports

4,958,318

5,170,473

5,540,370

5,510,556

6,024,618

5,752,246

5,440,867

Total

28,128,412

28,622,457

31,202,003

26,600,064

29,517,130

28,793,261

28,814,013

U.S. ports: Calcite, MI; Cedarville, MI; Drummond Island, MI; Marblehead, OH; Port Inland, MI; and Presque Isle, MI.  Canadian ports: Bruce Mines, Manitoulin Island, Port Colborne (from August 2017 on), and Smelter Bay (all Ontario).

CLEVELAND – Shipments of iron ore on the Great Lakes totaled 3.99 million tons in December, a decrease of 11.9 percent compared to a year ago.  Shipments were also below the 5-year average for the month by 19.8 percent.

The year-end total for the iron ore trade stands at 42.3 million tons, a decrease of 18 percent compared to 2021.

Compared to the trade’s 5-year average, 2022 iron ore loadings were down 17.9 percent.

Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargos annually that are the foundation of American industry, infrastructure, and power: iron ore, stone, coal, cement, and other dry bulk materials such as grain, salt, and sand.  More information is available at www.lcaships.com.

Great Lakes Iron Ore Shipments: December 2017-2022 and 5-Year Average

Includes Transshipments to Quebec City for Shipment Overseas

(net tons)

 

 

 

 

 

 

 

Average

Port

2017

2018

2019

2020

2021

2022

2017-2021

Duluth, MN

615,659

1,050,260

623,346

711,111

585,725

740,415

717,220

Superior, WI

988,145

1,139,119

962,300

615,368

1,080,199

839,100

957,026

Two Harbors, MN

1,664,415

1,715,904

1,459,835

1,716,377

1,559,111

1,284,398

1,623,128

Silver Bay, MN

413,931

559,980

666,188

507,707

369,820

0

503,525

Marquette, MI*

799,140

760,133

774,946

737,384

557,936

653,474

725,908

Escanaba, MI**

0

0

0

0

0

0

0

Cleveland, OH***

340,924

342,422

332,708

180,961

370,347

468,968

313,472

Ashtabula, OH

255,176

206,382

18,925

185,489

0

0

133,194

Total

5,077,390

5,774,200

4,838,248

4,654,397

4,523,138

3,986,355

4,973,475

*Marquette = Presque Isle in previous reports

         

**Dock ceased operations in April 2017.

         

***Transshipments within Cleveland Harbor

 

 

 

 

 

Year-To-Date 2017-2022

 

 

 

 

 

 

 

Average

Port

2017

2018

2019

2020

2021

2022

2017-2021

Duluth, MN

6,783,868

8,111,519

8,359,607

8,047,633

8,843,603

7,381,085

8,029,246

Superior, WI

12,793,591

12,939,250

11,602,998

7,037,669

11,719,625

11,290,354

11,218,627

Two Harbors, MN

17,898,849

16,839,494

16,942,617

13,303,809

15,407,333

13,953,527

16,078,420

Silver Bay, MN

5,974,645

6,415,696

5,632,842

4,382,861

5,873,375

1,735,362

5,655,884

Marquette, MI*

6,991,557

7,161,470

6,999,782

5,391,001

6,144,094

5,394,125

6,537,581

Escanaba, MI**

1,016,867

0

0

0

0

0

203,373

Cleveland, OH***

3,004,585

2,925,618

2,679,189

2,021,923

3,617,145

2,560,605

2,849,692

Ashtabula, OH

1,292,394

1,190,934

1,246,992

1,046,225

28,553

0

961,020

Total

55,756,356

55,583,981

53,464,027

41,231,121

51,633,728

42,315,058

51,533,843

Information based on data from knowledgeable sources.  However, accuracy cannot be guaranteed.  Lake Carriers’ Association assumes no legal responsibility for the outcome of decisions or commitments made on the basis of this information.  Report represents the views of Lake Carriers’ Association and may not necessarily represent the views of its individual members.

#LSN_Econ  #LSN_Shipping  #LSN_MNNews

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