Blended biodiesel energy supply in Poland witnessed substantial growth from 2013 to 2023, with a notable peak of 2540 terajoules in 2023. This period experienced occasional volatility, particularly in 2016 and 2020, where the supply dropped by 18.18% and 13.18% year-on-year, respectively. The overall trajectory was positive, evidenced by major increases like the 76.38% jump in 2017 and consistent growth late in the period. Over the last two years leading up to 2023, the increases were 10.02% and 16.01%, while the CAGR over the last five years averaged at 8.95%.
Looking forward, the forecast from 2024 to 2028 predicts a steady rise, with a 5-year CAGR of 6.93%. By 2028, the supply is expected to reach 3950 terajoules, translating to a 39.78% growth rate from 2023 levels.
Future trends to watch for include:
- Technological advancements in biodiesel production and sustainability.
- Policy changes and government incentives that could significantly impact supply levels.
- Market fluctuations driven by global energy trends and economic factors.