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2025 Financial Year Trade Volumes

Operational Update9 October 2025NPHIndustrials

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NZX AND MEDIA RELEASE

10 October 2025

Napier Port 2025 financial year trade volumes

Napier Port (NZX.NPH) today releases trade volume data for the fourth quarter and financial year ended

30 September 2025.

Total annual containerised cargo volume increased by 9.1% and bulk cargo volume decreased by 1.7%,

compared to the same period a year ago. For the fourth quarter, containerised cargo volume decreased

by 3.3% and bulk cargo volume increased by 11.9%.

Chief Executive Todd Dawson said: “Container volumes maintained their momentum in the fourth

quarter, resulting in a solid annual containerised volume of 250,000 TEU

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despite the closure of WPI

towards the end of last year. We have seen growth across our cargo portfolio, led by a stronger apple

season, Pan Pac’s return to full pulp and timber operations and higher imports to support the region.

Pleasingly, this result includes new volume records for refrigerated apple exports and other container

movements, both growth areas for Napier Port.

A rise in fertiliser imports in the fourth quarter has contributed to an upswing in bulk cargo volume for

the final quarter. Overall bulk cargo volumes decreased for the year, with last year benefitting from

additional windthrown logs presented for export.”

Container Services

Total container volumes for the fourth quarter decreased 3.3% to 57k TEU from 59k TEU in the same

period a year ago. Full container volumes decreased 5.4%, and empty and other container movements

decreased 0.2%.

Total annual container volumes increased 9.1% to 250k TEU from 230k TEU in the prior year. Full

container volumes increased 7.3%, and empty and other container movements increased 11.2%.

Containerised exports for the year of 113k TEU increased 7% from 105k TEU in the prior year. Dry exports

increased 8.4% to 52k TEU from 48k TEU on higher export timber. Reefer exports increased 7.3% to 51k

TEU from 48k TEU due to higher export apples, partially offset by lower export meat volume.

Containerised imports increased by 4.8% to 113k TEU from 108k TEU in the prior year, primarily due to

higher containerised fertiliser and general cargo, and higher imported empty containers required for export

cargo.

Other container movements for the year increased by 51.3% to 25k TEU, mainly due to increased restow

activity and transhipments following service changes among shipping lines.

Container vessel calls for the year increased to 264 from 246 calls last year.

Bulk Cargo

Total bulk cargo volume increased 11.9% for the fourth quarter to 0.9 million tonnes and decreased 1.7%

for the year to 3.4 million tonnes, compared to the same periods a year ago.

Log export volumes decreased 7k tonnes, or 1.1%, to 669k tonnes for the fourth quarter and decreased

by 166k tonnes, or 5.8%, to 2,699k tonnes for the year. Lower volumes were primarily due to the prior

year period containing logs sourced from central north island windthrown forests.


1

Twenty-foot container equivalent unit.


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Bulk import volumes increased 93k tonnes, or 66.2%, to 234k tonnes for the fourth quarter and increased

by 119k tonnes, or 23%, to 635k tonnes for the year. These higher volumes were primarily due to

increased fertiliser and oil product imports.

Charter vessel calls increased to 66 from 60 for the fourth quarter and increased to 248 from 236 for the

year, primarily due to smaller average vessel load sizes.

Cruise Services

The 2025 season saw 78 cruise vessel calls compared to 89 calls for the 2024 season.


ENDS

For more information:


Investors Media

Kristen Lie Chris Lonergan

Chief Financial Officer Communications Manager

DDI: +64 6 833 4405 DDI: +64 6 833 4521

E: kristenl@napierport.co.nz E: chrisl@napierport.co.nz



About Napier Port

Napier Port is New Zealand’s fourth largest port by container volume. We are the gateway for Hawke’s Bay and

lower North Island’s exports and operate a long-term regional infrastructure asset that supports the regional

economy. Our strategic purpose is to collaborate with the people and organisations that have a stake in helping

our region grow. View Napier Port’s investor centre: www.napierport.co.nz/investor-centre/



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Napier Port 2025 Trade Volume Data

The below trade volume data provides a summary of fourth quarter and year ended 30 September 2025

results compared to the prior period.

Container Services

TEU (000s)^

Q4

FY2025

Actual

Q4

FY2024

Actual

FY2025

Actual

FY2024

Actual

Exports




Wood pulp & timber 10 11 36 32


Canned food / other food & beverage 2 2 7 7


Other dry 2 3 9 9


Total dry 14 15 52 48



Apples & pears 6 7 27 22


Meat 2 3 12 14


Fresh & other chilled produce 2 2 12 12


Total reefer 11 11 51 48



Empty 3 2 9 10


Total exports 27 29 113 105


Imports




Dry 7 7 26 24


Reefer 1 1 4 4


Empty 16 17 84 80


Total imports 24 26 113 108



Other container movements (‘DLRs

and Tranships’)

6 4 25 16


Total Container Services volume 57 59 250 230


Vessels




Container ship calls 70 62 264 246


^Rounded to nearest thousand TEU



Bulk Cargo

Kilotonnes

Q4

FY2025

Actual

Q4

FY2024

Actual

FY2025

Actual

FY2024

Actual


Log exports 669 676 2,699 2,866


Other exports 22 9 79 91


Imports 234 141 635 516


Total Bulk Cargo volume 924 826 3,413 3,472


Vessels


Charter vessel calls 66 60 248 236


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Cruise Services


Q4

FY2025

Actual

Q4

FY2024

Actual

FY2025

Actual

FY2024

Actual

Vessels




Cruise vessel calls - - 78 89

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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