World - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiofuel Consumption
Biofuel consumption refers to the use of biofuels as a source of energy for various purposes such as transportation, heating, and electricity generation. Biofuels are derived from organic matter, typically plants or plant-derived materials, and are considered a renewable energy source due to their ability to be replenished in a relatively short period of time. The consumption of biofuels has gained significant attention in recent years due to its potential to reduce greenhouse gas emissions and dependence on fossil fuels.
The two most common types of biofuels used for consumption are ethanol and biodiesel. Ethanol is primarily used as a fuel additive in gasoline to increase octane levels, improve engine performance, and reduce air pollution. It is mainly produced from crops such as corn, sugarcane, and wheat through a process of fermentation and distillation. Biodiesel, on the other hand, is produced from vegetable oils, animal fats, or recycled cooking oils through a chemical reaction known as transesterification. It can be used as a direct replacement for diesel fuel in diesel engines.
The consumption of biofuels varies across countries and regions depending on factors such as government policies, availability of feedstock, and infrastructure. Brazil and the United States are the two largest consumers of biofuels globally.
Brazil has been a pioneer in biofuel consumption, particularly ethanol derived from sugarcane. The country has a long history of using biofuels, with the widespread adoption of ethanol as a fuel for vehicles dating back to the 1970s. Brazil's success in biofuel consumption can be attributed to its favorable climate for sugarcane cultivation, ample agricultural land, and a well-established ethanol production infrastructure. Ethanol consumption in Brazil is primarily driven by the flex-fuel vehicle market, where vehicles can run on either gasoline or ethanol.
The United States is the world's largest consumer of biofuels, primarily in the form of ethanol. Ethanol production in the U.S. is mainly derived from corn, with the majority of ethanol consumption coming from blending it with gasoline. The Renewable Fuel Standard (RFS) program, implemented in 2005, mandates the blending of biofuels, including ethanol, into transportation fuel to reduce dependence on imported oil and promote renewable energy.
Other countries such as Germany, France, Argentina, and Indonesia also have significant biofuel consumption, although on a smaller scale compared to Brazil and the United States. These countries primarily use biodiesel derived from vegetable oils and animal fats.
The consumption of biofuels has both advantages and challenges. One of the main advantages is the potential to reduce greenhouse gas emissions. Biofuels have a lower carbon footprint compared to fossil fuels, as the carbon dioxide released during their combustion is offset by the carbon dioxide absorbed by the plants during their growth. They also have the potential to diversify energy sources and reduce dependence on imported oil, contributing to energy security.
However, there are also challenges associated with biofuel consumption. One major challenge is the availability of feedstock. The production of biofuels requires substantial amounts of crops, which raises concerns about competition with food production and potential deforestation for expanding agricultural land. Additionally, the energy efficiency and cost-effectiveness of biofuels are dependent on factors such as the type of feedstock, production methods, and transport infrastructure.
In conclusion, biofuel consumption is the use of biofuels as a renewable source of energy. It has gained attention as a potential solution to reduce greenhouse gas emissions and dependence on fossil fuels. The consumption of biofuels varies across countries, with Brazil and the United States being the largest consumers globally. While biofuels offer advantages such as reduced carbon emissions, challenges such as feedstock availability and cost-effectiveness need to be addressed to ensure sustainable biofuel consumption.
This report provides an in-depth analysis of the global biodiesel market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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.
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.
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.
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.