Biodiesel Trade Update – Apr ’22
According to the USDA, U.S. biodiesel export volumes finished 8.3% below previous year figures throughout Feb ’22 but remained at the second highest seasonal level experienced in the past eight years. The YOY decline in U.S. biodiesel export volumes was the first experienced throughout the past five months. The U.S. remained a net importer of biodiesel for the sixth consecutive month.
Feb ’22 U.S. Biodiesel Exports Declined to a Three Month Low Level
Feb ’22 U.S. Biodiesel Exports Declined 34.2% MOM While Finishing 8.5% Lower YOY
Feb ’22 U.S. Biodiesel Exports Remained at the Second Highest Seasonal Level in Eight Years
The Feb ’22 YOY Decline in U.S. Biodiesel Exports was the First in Five Months
Over 80% of U.S. Biodiesel Exports Have Been Destined to Canada Over the Past 12 Months
Feb ’22 U.S.-CA Biodiesel Net Trade Remained Negative for the Fourth Time in Five Months
Feb ’22 U.S. Biodiesel Imports Declined to a Seven and a Half Year Low Level
Feb ’22 U.S. Biodiesel Net Trade Remained Negative for the Sixth Consecutive Month