India's energy consumption in ethanol production has seen significant variation from 2013 to 2023. In 2023, consumption stood at 1.84 million tonnes of oil equivalent, with a year-on-year increase of 3.86%, reflecting a steady albeit modest growth. Examining the past five years, the compound annual growth rate (CAGR) stood at 4.97%, indicating a consistent upward trend in energy consumption for ethanol production.

In the forecasted period from 2024 to 2028, the CAGR is expected to be lower at 2.63%, with an overall growth rate of 13.84%. This suggests a deceleration in growth compared to previous years.

Future trends to watch for:

Technological advancements that reduce energy consumption in ethanol production.
Government policies promoting renewable energy which may impact ethanol production rates.
Market responses to fluctuating oil prices which can affect energy alternatives like ethanol.