Key Market Indicators
Icelander bioenergy consumption is forecast to drop slightly to 1.75 million metric tons by 2026. This would be 0.1% lower than in 2021, when the country consumed 1.79 million metric tons. Since 1975, demand for bioenergy in Iceland has grown by 0.9% each year. In 2021, the country came in 153rd place, behind Belize, which consumed 1.79 million metric tons. India, Brazil, and the United States placed second, third, and fourth, respectively.