GITNUX MARKETDATA REPORT 2024

Must-Know Biofuel Production Statistics [Current Data]

With sources from: 1 – statista.com/statistics/274163/global-biofuel-production-in-oil-equivalent/, 2 – statista.com/statistics/243887/biofuel-production-in-leading-countries/, 3 – statista.com/statistics/217179/global-biofuels-market-size/, 4 – statista.com/statistics/800302/global-biofuels-market-size-by-product-type/ and many more

In this post, we will explore a comprehensive compilation of biofuel production statistics gathered from various regions across the globe. These statistics shed light on the economic impact, employment figures, market size, and environmental benefits associated with the biofuels industry. From the largest producers to the expected growth trends, we will dissect the key metrics that define the current landscape of biofuel production.

Statistic 1

"Germany generated the highest turnover within the solid biofuels industry in the EU in 2020, with 43% of the total EU-27 revenue."

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Statistic 2

"In 2016, the global liquid biofuels market size was nearly 73.3 billion U.S. dollars."

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Statistic 3

"Romania employed the most people in the biofuel sector in 2017 with 34,300, followed by Poland with 31,400."

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Statistic 4

"Germany generated the highest turnover within the solid biofuels industry in the EU in 2020, with 43% of the total EU-27 revenue."

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Statistic 5

"Corrosion caused 295 oil and biofuel pipeline accidents in the US from 2010-2020, resulting in 43,000 barrels of spillage in 2020 alone."

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Statistic 6

"Global biofuel production reached 161 billion liters in 2018."

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Statistic 7

"The United States is the largest producer of biofuels, with 61.1 billion liters production in 2020."

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Statistic 8

"In 2021, the EU produced 2 million tons of biodiesel from waste and residues."

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Statistic 9

"Brazil produced 17.7 billion liters of ethanol biofuel in 2020."

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Statistic 10

"China is the third-largest biofuel producer globally, with 5.1 billion liters in 2018."

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Statistic 11

"Advanced biofuels accounted for less than 1% of total biofuels production in 2019 globally."

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Statistic 12

"In 2020, the global biofuels market was valued at USD 136.2 billion."

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Statistic 13

"Expectations for global biofuels production to reach 164 billion liters by 2025, growing at a CAGR of 2.45%."

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Statistic 14

"Between 2015 and 2019, the EU’s production of biodiesel increased by 35%."

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Statistic 15

"In 2013, biofuel production consumed 54% of the global vegetable oil production."

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Statistic 16

"In 2020, global ethanol production reached 97.6 billion liters."

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Statistic 17

"India produced approximately 1.1 billion liters of biofuels in 2020."

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Statistic 18

"The biofuel energy content globally in 2019 was 4.4 EJ (Exajoules)."

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Statistic 19

"In 2018, global biodiesel production was 40.7 billion liters."

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Statistic 20

"Biofuels reduced global CO2 emissions by 600 million tons in 2010."

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Interpretation

In conclusion, the biofuel industry is a significant player in the global energy market, with key countries like Germany, the United States, Brazil, and China leading in production and revenue generation. The sector shows promising growth potential, with expectations for increased production and market value in the coming years. Despite challenges such as pipeline accidents and low utilization of advanced biofuels, the industry has made substantial contributions to reducing CO2 emissions and utilizing renewable energy sources. With a focus on innovation and sustainability, biofuels have the potential to play a vital role in transitioning towards a greener and more environmentally friendly energy landscape.

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