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Colombia Biofuel Industry Outlook 2022 - 2026

See how Colombia Biofuel performed compared to key markets.

Key Market Indicators

Colombia's demand for biofuel is set to grow steadily over the next five years. In 2021, the country's demand for biofuel is estimated to be 15.81 thousand barrels of oil equivalent per day. It is expected to reach 18.15 thousand barrels of oil equivalent per day by 2026, meaning an average annual growth rate of 2.5%. Since 2010, demand has grown by 4.1% year on year. Meanwhile, Colombia's production of biofuel is projected to grow at a rate of 2.1% year on year over the same period. In 2021, it is estimated to be 12.9 thousand barrels of oil equivalent per day, rising to 15.02 thousand barrels of oil equivalent per day by 2026. From 2010 to 2021, production has increased by 0.6% year on year.

Colombia Biofuel Market Data and Forecasts

How much will Colombia Biofuel Market grow to 2026?

Forecast: Biofuels Consumption in Colombia
Forecast: Biofuels Consumption in Colombia
Forecast: Renewable Energy Supply (Excluding Solid Biofuels) in Colombia
Forecast: Total (Excluding Solid Biofuels) Renewable Energy in Colombia
Forecast: Energy Consumption in Biodiesel Production in Colombia
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