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South Korea Biofuel Industry Outlook 2022 - 2026

See how South Korea Biofuel performed compared to key markets.

Key Market Indicators

Demand for biofuels in Korea is projected to grow 3.2% annually, reaching 16,300 barrels of oil equivalent per day by 2026. This is up from 13,200 barrels of oil equivalent per day in 2021. Since 2009, demand has risen by 9.8% year on year. Supply of biofuels in Korea is expected to increase 3.6% every year, reaching 17,900 barrels of oil equivalent per day by 2026. This is up from 14,500 barrels of oil equivalent per day in 2021. Since 2007, supply has grown 11.9% year on year.

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South Korea Biofuel Market Data and Forecasts

How much will South Korea Biofuel Market grow to 2026?

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