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Northern Europe (excluding intra-trade) Cake of palm kernel Export value
What is Northern Europe (excluding intra-trade)'s cake of palm kernel export value (1000 usd)? As of 2023, it's 3 1000 USD, down from 5 1000 USD in 2015.
| Label | Cake of palm kernel Export value (1000 USD) |
|---|---|
| 2015 | 5 1000 USD |
| 2016 | 225 1000 USD |
| 2017 | 128 1000 USD |
| 2018 | 406 1000 USD |
| 2019 | 218 1000 USD |
| 2020 | 90 1000 USD |
| 2022 | 1 1000 USD |
| 2023 | 3 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Northern Europe (excluding intra-trade) Cake of palm kernel Export value: Key Points
- The 2015-2023 run puts Northern Europe (excluding intra-trade)'s cake of palm kernel Export value at 3.00 USD by the end, down from 5.00 USD at the start — a fall of some 40%.
- 2016: shoots up to 225.00 USD (+4400%).
- 2018: leaps to 406.00 USD (+217%).
- 2022: collapses to 1.00 USD (-99%).
- 2023: spikes to 3.00 USD (+200%).
- By 2023, the series lands at 3.00 USD — 40.0% lower than its 2015 starting point.
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.
Check the source link for methodology before quoting a specific year from this chart — Northern Europe (excluding intra-trade)'s underlying statistics agency, like most, revises and re-estimates historical figures as better data comes in.
There's a real gap between 2020 and 2022 in the underlying data — not a zero, not an interpolated value, just missing. Don't read a straight line between those two points as what actually happened in between.
At these volumes, this trade flow often comes down to a handful of shipments or trading partners. A big single-year swing is more likely one contract or one buyer's order than a broad economic trend.
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