Germany's bioethanol exports have shown significant variability over the past decade. After peaking at 144 Thousand Metric Tons in 2019, they declined to 68 TMT in 2021, then rebounded to 152 TMT in 2023, reflecting a 9.35% increase in the last year. The five-year CAGR to 2023 stands at 2.55%. Future forecasts suggest a moderate annual growth of 2.09%, with exports projected to reach 173 TMT by 2028, a 10.9% increase from 2023.
Future trends to watch for:
- Technological advancements improving production efficiency
- Policy developments regarding renewable energy and biofuels
- Fluctuations in global energy prices impacting bioethanol demand
- International trade agreements influencing export volumes