Biofuels Statistics By Production, Consumption, Revenue And Volume

Introduction

Biofuels Statistics: Biofuels play a significant role in the conversion of biomass into valuable fuel. For the most part, it is considered a clean form of energy, primarily due to the process of energy development it utilizes.  Accordingly, it deals with the measures that can be used to obtain pure fuel adequately. As per biofuels statistics, they play a vital role in ensuring that an eco-friendly and environmentally sustainable mode of energy production is available. It would be interesting to have comprehensive information about biofuels.

Editor’s Choice

• Global biofuel production in 2023 was 960k Liters.
• Biofuel statistics showcase that the United States is the leader in biofuel production with 38.8% global market share.
• There are more than 500 biorefineries available worldwide.
• Indonesia is the leader in biodiesel production with 13.65 billion liters.
• The Ethanol production in India has increased by 12% in 2013.
• The revenue based on fuel ethanol is expected to reach 149 million metric tons by 2030.

Biofuel Production Worldwide

(Reference: Statista.com)

• If one refers to biofuels statistics, it can be said that the production of biofuels has increased significantly.
• In 2023, biofuel production will be 960k Liters.
• The global biofuel market is expected to reach a market size of $200 billion by the end of 2030.

Leading Biofuel Production Countries

(Reference: Statista.com)

• Regarding biofuel statistics, it can be inferred that the United States has the highest biofuel production at 38.8% of the global share.
• Brazil and Indonesia have 2^nd and 3^rd highest biofuel production countries, boasting a share of 21.9% and 9.4%.

Biofuel Consumption Worldwide

(Reference: Statista.com)

• In 2023, there was 197.47 million of biofuel consumption.
• The biofuel statistics state that by 2030, biofuel consumption is expected to reach 224.58 million metric tons.

Biofuel And Renewable Diesel Refineries

(Reference: Statista.com)

• According to biofuel statistics, more than 500 biodiesel refineries are present.
• As of 2023, there have been 516 biofuel refineries available.
• In 2019, there has been a peak production of biofuel manufactures of 527.

Projected Biofuel Consumption

(Reference: Statista.com)

• By 2030, the global biofuel consumption worldwide revenue is expected to reach 224.58 million metric tons.
• The United States is expected to reach 76.69 metric tons of production revenue.
• Brazil, the European Union, and India have the 2^nd,3^rd, and 4^th highest production with 46.66 million, 27.03 million, and 13.65 million.

Biofuel Energy Production Leaders

(Reference: ourworldindata.org)

• The biofuel statistics reveal that biofuel energy production is highest in the USA with 498 TWh.
• The leader in energy production is followed by Brazil, Germany, the United Kingdom, and Mexico with 281 TWh, 44 TWh, 8 TWh, and 0.4 TWh.

Production Of Biofuel Revenue

(Reference: Statista.com)

• Based on biofuel statistics, the fuel ethanol revenue is expected to reach 149 million metric tons by 2030.
• In 2030, the revenue from biodiesel is expected to be 75.96 million metric tons.
• Ethanol is expected to be the most productive biofuel worldwide.

Biodiesel Worldwide Export Value

(Reference: Statista.com)

• As per the biofuels statistics, the export value of biodiesel worldwide was $41.71 billion.
• Based on the graph, it can be inferred that there has been a consistent increase in biofuel production worldwide.

Export Volume Of Biodiesel By Country

(Reference: Statista.com)

• Regarding biofuels statistics, one will find that the Netherlands has the highest export volume. The Netherlands recorded a total export volume of 5,275 metric tons of biofuels in 2022.
• Based on the graph, it is clear that European countries are the hotspots for biofuel exports worldwide.

Biofuel Consumption Volume Worldwide

(Reference: Statista.com)

• There has been a consistent increase in biofuel consumption worldwide.
• By 2030, the biofuel revenue is expected to reach 224.58 metric tons
• Biofuel statistics reveal 197.47 metric tons of biofuel revenue in 2023.

Export Volume Of Ethanol From 2000 To 2023

(Reference: Statista.com)

• The biofuels statistics state that in 2023, the export volume of ethanol is 10.68 metric tons.
• In 2000, the export volume was 1.26 metric tons, showcasing ethanol’s gradual growth.

Leading Biodiesel Producer Worldwide

(Reference: Statista.com)

• While observing biofuel statistics, it is observed that Indonesia is a leading producer of biodiesel with 13.65 billion liters.
• It is followed by Brazil, the US, and Germany with 6.77, 6.14, and 4.01 billion liter production.

(Reference: Statista.com)

• In 2022, referring to biofuel statistics, it is inferred that revenue in 2022 is 40,619 metric tons.
• In 2014, the biofuel revenue was 28,360 metric tons of fuel revenue.

Biofuels Statistics Overview

Biofuels continue to be a significant component of the global energy mix, driven by the need to reduce carbon emissions and the dependency on fossil fuels. In 2023, the global biofuels market was valued at approximately $141 billion US dollars, representing a steady growth rate of around 6.8% compared to the previous year. The production of biofuels, which includes ethanol, biodiesel, and advanced biofuels, reached 165 billion liters in 2023. This increase in production was supported by government policies and incentives in major markets such as the United States, Brazil, and the European Union.

The United States remained the largest producer and consumer of biofuels, accounting for over 45% of global ethanol production in 2023. The Renewable Fuel Standard (RFS) in the U.S. mandates the blending of biofuels with gasoline, which significantly boosts demand. In Brazil, the second-largest biofuel market, ethanol production grew by 4% in 2023, reaching 35 billion liters, driven by the country’s vast sugarcane industry. The European Union also saw an increase in biodiesel production, with a growth rate of 3.5%, supported by the Renewable Energy Directive (RED).

In 2024, the global biofuels market is expected to grow further, with an estimated value of $150 billion US dollars, representing a growth rate of 6.4%. The production volume is projected to reach 175 billion liters, reflecting ongoing investments in biofuel production capacity and technological advancements. The biofuel statistics indicate that the demand for advanced biofuels, such as cellulosic ethanol, is likely to increase, driven by stricter emission regulations and the desire for more sustainable energy sources.

Asia-Pacific is emerging as a significant player in the biofuels market, with countries like India and China ramping up their biofuel production. In 2023, India produced 3.5 billion liters of ethanol, a 12% increase from 2022, supported by government initiatives to reduce oil imports and promote energy security. China’s biodiesel production also grew by 8%, reaching 1.2 billion liters in 2023.

Conclusion

Biofuel has showcased to become a significant market player in a global landscape with production and steadily increasing consumption and revenue. The United States is the leader in the production of biofuels, followed by Brazil and Indonesia. By 2030, the global biofuels market is expected to remain a dominant biofuel where biofuel shows growth. Government policies and environmental concerns are the major drivers of market growth.

Asia-Pacific countries like India and China showed an increased production leading to carbon emissions and fossil fuel dependency reduction. By consistently going through biofuel statistics, relevant authorities will get appropriate information about environmental conservation.

Ketaki Joshi

Ketaki Joshi is a skilled writer specializing in technology, with a particular focus on smartphones and app statistics. She has a wealth of experience in analyzing and reviewing the latest smartphones and exploring the trends and data related to mobile applications. Ketaki writes feature articles for websites and newsletters, providing in-depth insights and easy-to-understand reviews. Previously employed at a French multinational company, she transitioned to professional writing to pursue her passion. Her dedication to her craft recently culminated in the publication of her first short story on Amazon, titled "The Envelope That Changed Our Lives."

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