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Western Europe (excluding intra-trade) Animal Fats and Oils (excl. Butter) Import quantity
What is Western Europe (excluding intra-trade)'s animal fats and oils (excl. butter) import quantity (t)? As of 2023, it's 522K Tons, up from 273.4K Tons in 2014.
| Label | Animal Fats and Oils (excl. Butter) Import quantity (t) |
|---|---|
| 2014 | 273383.4 Tons |
| 2015 | 298951 Tons |
| 2016 | 330489.12 Tons |
| 2017 | 398349.69 Tons |
| 2018 | 387738.55 Tons |
| 2019 | 402542.12 Tons |
| 2020 | 587119.6 Tons |
| 2021 | 618946.96 Tons |
| 2022 | 535850.91 Tons |
| 2023 | 522047.03 Tons |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Western Europe (excluding intra-trade) Animal Fats and Oils (excl. Butter) Import quantity: Key Points
- By 2023, Western Europe (excluding intra-trade)'s animal Fats and Oils (excl. Butter) Import quantity came to 522.05K t, against 273.38K t in 2014 — around 91% up across the period.
- 2015-2017: leaps to 398.35K t (+46%).
- 2020: surges to 587.12K t (+46%).
- 2021: rises to 618.95K t (+5%).
- 2022-2023: drifts lower, 522.05K t (-16%).
- 2023: Closes higher than it opened — 522.05K t, a 91.0% gain over the period.
What The Volatility Really Means
With movement this mixed, it is worth being skeptical of anyone drawing a strong conclusion from just the start and end points.
Worth remembering this isn't a live feed — it's Western Europe (excluding intra-trade)'s periodically-updated official statistics, with the usual lag and modeling that comes with any indicator series like this.
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