Key Market Indicators
Russia is projected to become the sixth largest consumer of bioenergy in the world by 2026. In 2021, Russia consumed 676.13 million metric tons of bioenergy, making it the sixth largest consumer of the energy source. This is expected to grow by 1.1% year-on-year until 2026, reaching 713 million metric tons. Since 1997, the country's demand has increased steadily, with a year-on-year growth rate of 2.2%. Indonesia was the largest consumer of bioenergy in 2021, with India, Brazil, and the United States following in second, third, and fourth place respectively.