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Luxembourg Vegetable Oils Import quantity
What is Luxembourg's vegetable oils import quantity (1000 t)? As of 2023, it's 6 1000 t, down from 9 1000 t in 2014.
| Label | Vegetable Oils Import quantity (1000 t) |
|---|---|
| 2014 | 9 1000 t |
| 2015 | 8 1000 t |
| 2016 | 8 1000 t |
| 2017 | 8 1000 t |
| 2018 | 7 1000 t |
| 2019 | 8 1000 t |
| 2020 | 7 1000 t |
| 2021 | 7 1000 t |
| 2022 | 9 1000 t |
| 2023 | 6 1000 t |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Luxembourg Vegetable Oils Import quantity: Key Points
- Take Luxembourg's vegetable Oils Import quantity at face value first: 6.00 t as of 2023, versus 9.00 t when the series starts in 2014, a 33% fall.
- 2018: drops to 7.00 t (-12%).
- 2019: lifts to 8.00 t (+14%).
- 2022: jumps to 9.00 t (+29%).
- 2023: collapses to 6.00 t (-33%).
- By the last year on record, 2023, the figure sits at 6.00 t — 33.3% below 2014.
Why Trade Collapsed in 2020
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
The scale of this drop matches what happened to trade worldwide in 2020, as the pandemic disrupted both the supply side and the demand side of trade at once.
On its own, this line shows movement, not meaning. Whether Luxembourg's vegetable Oils Import quantity trend here is a success or a warning sign depends on context this single chart doesn't carry — comparable countries, policy changes, or a longer time horizon.
This series reflects Luxembourg's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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