Key Market Indicators
Mexican demand for biofuels is projected to rise 2.5% a year from 2021 through 2026. In the decade from 2005, the average annual increase was 4.2%. Supply is also predicted to climb, increasing at an average of 3% a year between 2021 and 2026. Over the past five years, growth has been 2.4%. In 2021, supply is estimated to stand at 0.26 thousand barrels of oil equivalent per day, rising to 0.32 thousand barrels of oil equivalent in 2026.