Australia - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights

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Biodiesel Price in Australia - 2023

Contents:

  1. Biodiesel Price in Australia (FOB) - 2022
  2. Biodiesel Price in Australia (CIF) - 2022
  3. Biodiesel Exports in Australia
  4. Biodiesel Imports in Australia

Biodiesel Price in Australia (FOB) - 2022

The average biodiesel export price stood at $1,920 per ton in 2022, increasing by 27% against the previous year. Overall, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 105%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,216 per ton), while the average price for exports to New Zealand ($1,525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Biodiesel Price in Australia (CIF) - 2022

In 2022, the average biodiesel import price amounted to $1,108 per ton, with an increase of 8.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $1,630 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,156 per ton), while the price for France totaled $1,035 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Biodiesel Exports in Australia

In 2022, shipments abroad of biodiesel decreased by -99.1% to 38 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 324% against the previous year. As a result, the exports attained the peak of 9.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, biodiesel exports fell significantly to $72K in 2022. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 373%. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Biodiesel in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1.04.12.90.1-53.6%
New Zealand0.10.2N/AN/A100.0%
Belgium1.14.6N/AN/A318.2%
MalaysiaN/AN/A0.6N/A0%
ItalyN/AN/A2.8N/A0%
NetherlandsN/A1.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.210.36.40.1-64.3%

Top Export Markets for Biodiesel from Australia in 2022:

  1. Ireland (30.8 tons)
  2. Malaysia (5.2 tons)
  3. New Zealand (1.4 tons)

Biodiesel Imports in Australia

After three years of growth, purchases abroad of biodiesel decreased by -5.8% to 455 tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 482 tons, and then reduced in the following year.

In value terms, biodiesel imports expanded slightly to $504K in 2022. In general, imports showed a perceptible decline.

Import of Biodiesel in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium80.230628426248.4%
France43811582.3234-18.9%
MalaysiaN/A74.3121N/A62.9%
Others17.919.65.27.4-25.5%
Total536514493504-2.0%

Top Suppliers of Biodiesel to Australia in 2022:

  1. France (226.6 tons)
  2. Belgium (226.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the biodiesel market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20595997 - Biofuels (diesel substitute)

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
The World's Best Import Markets for Biodiesel
Jan 24, 2024
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Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.

The World's Best Import Markets for Biodiesel
Jul 1, 2023
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Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.

Belgium Overtakes Germany as Second-Largest Biodiesel Exporter Worldwide
Nov 15, 2021
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This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.

The Global Biodiesel Market Retains Robust Growth Despite the Pandemic and Low Oil Prices
May 10, 2021
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Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021. 

The World's Best Import Markets for Biodiesel
Jan 24, 2024
Eye 252

Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.

The World's Best Import Markets for Biodiesel
Jul 1, 2023
Eye 401

Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.

Belgium Overtakes Germany as Second-Largest Biodiesel Exporter Worldwide
Nov 15, 2021
Eye 745

This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.

The Global Biodiesel Market Retains Robust Growth Despite the Pandemic and Low Oil Prices
May 10, 2021
Eye 1094

Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021. 

Free Data: Biodiesel - Australia