Norway Vegetable waxes (other than triglycerides), whether or not refined or coloured Export value

Norway Vegetable waxes (other than triglycerides), whether or not refined or coloured Export value: Key Points

• Here's the shape of it: 14.00K USD in 2014, 1.00K USD by 2023 for Norway's vegetable waxes (other than triglycerides), whether or not refined or coloured export value — down, 93% fall end to end.
• 2015: drops hard to 1.00K USD (-93%).
• 2017: shoots up to 6.00K USD (+500%).
• 2020: surges to 4.00K USD (+300%).
• 2022: spikes to 13.00K USD (+550%).
• Full span, 2014 to 2023: net loss of 92.9%, ending at 1.00K USD.

Making Sense Of The Swings

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 single most useful thing to do with this chart is compare Norway against its neighbors or peers on the same vegetable waxes (other than triglycerides), whether or not refined or coloured export value series, not read the line in isolation — a number only means something relative to where everyone else stands.

This data comes from Norway's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.

The source simply doesn't have a reading for every year in this range — the 2018-to-2020 jump skips real missing years, worth keeping in mind before assuming a smooth path between them.

Small absolute numbers like these amplify percentage swings — the same-sized change in volume looks dramatic as a percentage here in a way it wouldn't for a bigger trade flow. Read the raw numbers, not just the percent.