Biodiesel Trade Update – Jan ’22
According to the USDA, Nov ’21 U.S. biodiesel export volumes declined seasonally to an 11 month low level but finished 36.1% above previous year figures, remaining at a three year high seasonal level. The YOY increase in U.S. biodiesel export volumes was the ninth experienced throughout the past 11 months. U.S. biodiesel import volumes reached a four year high level throughout the month, however, while net biodiesel trade remained negative for the third consecutive month.
Nov ’21 U.S. Biodiesel Exports Declined Seasonally to an 11 Month Low Level
Nov ’21 U.S. Biodiesel Exports Declined 51.4% MOM but Remained 36.1% Higher YOY
Nov ’21 U.S. Biodiesel Exports Reached a Three Year High Seasonal Level
The Nov ’21 YOY Increase in U.S. Biodiesel Exports was the Ninth in the Past 11 Months
Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
Nov ’21 U.S. – Canadian Biodiesel Net Trade Declined Seasonally, Finishing Negative
Nov ’21 U.S. Biodiesel Imports Increased to a Four Year High Level
Nov ’21 U.S. Biodiesel Net Trade Remained Negative for the Third Consecutive Month