Key Market Indicators
Demand for Brazilian biofuel is expected to increase by over 100,000 barrels of oil equivalent per day by 2026. This growth is forecast to average 2.5% annually over the period 2021-2026. Since 1995, demand has climbed 5.9% each year on average. Meanwhile, Brazilian biofuel production is forecast to reach 876,000 barrels of oil equivalent per day by 2026. This will require an annual growth rate of 1.9% from 2021-2026. Production has risen by an average of 3.5% annually since 1995.