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Charts & Stats
Portugal Vegetable Oil and Fat Import value
What is Portugal's vegetable oil and fat import value (1000 usd)? As of 2023, it's 958.7K 1000 USD, up from 587.7K 1000 USD in 2014.
Author: Wantstats Research TeamSource: Food and Agriculture Organization (FAO) and Wantstats Repository
| Label | Vegetable Oil and Fat Import value (1000 USD) |
|---|---|
| 2014 | 587655.98 1000 USD |
| 2015 | 575114.93 1000 USD |
| 2016 | 492564.72 1000 USD |
| 2017 | 613914.37 1000 USD |
| 2018 | 608733.99 1000 USD |
| 2019 | 538725.27 1000 USD |
| 2020 | 519831.17 1000 USD |
| 2021 | 726273.63 1000 USD |
| 2022 | 800932.61 1000 USD |
| 2023 | 958743.9 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Portugal Vegetable Oil and Fat Import value: Key Points
- In 2023, Portugal's vegetable Oil and Fat Import value stood at 958.74K USD — up from 587.66K USD in 2014, a rise of roughly 63%.
- 2015-2016: slides to 492.56K USD (-16%).
- 2017: lifts to 613.91K USD (+25%).
- 2021: leaps to 726.27K USD (+40%).
- 2022-2023: spikes to 958.74K USD (+32%).
- 2023: Ends the series at 958.74K USD — 63.1% above the 2014 baseline.
Why Trade Snapped Back
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.
This isn't a uniquely local rebound — global trade recovered broadly in 2021 as pandemic-era restrictions eased and demand returned.
Use the direction of this line more than any single year's value — vegetable Oil and Fat Import value figures like this one are most reliable as a trend indicator, less reliable as a precise year-by-year scorecard.
Like most indicator series of this kind, the Portugal numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.