Yes, you would be moved to a new fibre port in the pcp with a change of provider. The old one you had Vodafone on, will be turned off and then become free for future use by another customer when required.
That's certainly not the standard procedure. A switch of supplier requires no visit to the cabinet. OpenReach remotely reconfigure the existing port, usually in the middle of the night.
The OP seems to have had issues with his port being reassigned. In this situation the engineer will have called the DCOE, who probably configured a free port and the engineer rejumpered the line to the new port.
He then went to the OPs property and blurted out a bunch of "Utter and absolute hog-wash" about ISP's renting a set number of ports.
Can you imagine the issues that would cause?
If you wanted to switch ISP you may only have the choice of a single provider as everyone else has used all their ports.