Key Market Indicators
Japan is expected to see a jump in biodiesel demand and production in 2028. Demand for biodiesel is forecast to reach 14.39 million liters, a 2.5% increase from the previous year. This growth has been consistent since 1995, increasing at an average of 2.4% per year. Production of biodiesel is expected to reach 18.47 million liters in 2028, a 1.7% rise from 2027. Since 1995, supply has grown at an average rate of 1.7% annually.