The European blended biodiesels market in 2024 reflects France leading with 17.21 thousand tonnes, followed by Germany and Spain. In 2023, Belgium and the Czech Republic saw significant growth at 11.6% and 10.29%, respectively, while Cyprus had a notable increase of 31.03%. Germany, despite its size, grew moderately at 3.72%. Some countries like France and Italy showed minimal growth, with 0.27% and 3.41%, respectively. The 5-year CAGR indicates an average annual growth consistent with the region's commitment to reducing carbon emissions through renewable energy sources.
Future trends to watch in European blended biodiesels include:
- Increased investments in biofuel infrastructure to meet EU renewable targets.
- Technological advancements in biodiesel production for higher efficiency.
- Potential policy shifts towards more aggressive carbon reduction strategies.
- Growing demand for sustainable biofuels in transportation and heating sectors.
Top countries in Blended Biodiesels Transformation Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.21 | 2023 | +4.11% | +0.27% | View data |
| 2 | 2 Germany | 15.4 | 2023 | +0.79% | +3.72% | View data |
| 3 | 3 Spain | 9.56 | 2023 | +5.81% | +0.89% | View data |
| 4 | 4 Italy | 8.91 | 2023 | +1.75% | +3.41% | View data |
| 5 | 5 United Kingdom | 8.34 | 2023 | +4.52% | +8.91% | View data |
| 6 | 6 Sweden | 7.44 | 2023 | +2.75% | +1.42% | View data |
| 7 | 7 Poland | 5.05 | 2023 | +2.83% | +3.63% | View data |
| 8 | 8 Netherlands | 4.22 | 2023 | +3.05% | +9.66% | View data |
| 9 | 9 Belgium | 3.93 | 2023 | +1.94% | +11.6% | View data |
| 10 | 10 Norway | 2.63 | 2023 | +10.63% | +7.2% | View data |
