Key Market Indicators
China's biofuel production is expected to increase by nearly 2.8% annually over the next five years, according to a new report. In 2021, Chinese biofuel production reached 63.9 thousand barrels of oil equivalent per day and is estimated to reach 74.66 thousand barrels of oil equivalent per day by 2026. This would be a 10.6% increase from 2006 levels. Meanwhile, Chinese biofuel demand is estimated to reach 54.96 thousand barrels of oil equivalent per day by 2026, a modest 1.7% annual growth since 2021. This is a slight increase from 2007 levels, which saw a 1.1% rise year on year.
China Biofuel Market Data and Forecasts
How much will China Biofuel Market grow to 2026?
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