Jet kerosene imports to the EU up 11% year on year in October

19 December 2013 16:12 Source:ICIS News

LONDON (ICIS)--Jet kerosene imports into the EU from the rest of the world rose 11.27% year on year in October, according to data from statistics agency Eurostat this week.

The rise is more reflective of the general trend for the European jet kerosene market after September’s surprise 7.57% fall in year on year imports. Europe has in recent years become increasingly reliant on jet kerosene imports from India and the Middle East.

Jet kerosene exports year on year in September fell 25.93%, which may reflect weak margins for European refiners during the month.

Jet kerosene imports and exports by Eurostat (units: tonnes)

Period

IMPORT

EXPORT

October 2012

1,730,762

528,948

October 2013

1,925,824

391,816

% change year on year

11.27

-25.93


Eurostat import/export data is subject to revision as more detailed information becomes available.

By Richard Welbirg