The 2024 forecast for European blended biodiesels available for final consumption presents a varied landscape. France leads with 32.86 thousand GWh, showing a slight decline (-0.041% YoY). Germany follows closely at 31.3 thousand GWh, experiencing a solid increase (5.51%), while Spain and Italy have moderate growth with 18.41 thousand GWh and 17.13 thousand GWh, respectively. Sweden (16.64 thousand GWh) and the United Kingdom (16.04 thousand GWh) show significant increases of 10.01% and 9.37% YoY. Notable high-growth countries include Belgium (12.67%), Romania (11.01%), Lithuania (12.14%), and Croatia (34.34%). Smaller countries like Estonia and Cyprus also demonstrate strong growth trends at 37.36% and 23.81%, respectively.
Future trends to watch for include:
• A focus on technological advancements in biodiesel blending and production to enhance efficiency and lower costs.
• Potential policy shifts across the European Union aimed at promoting renewable energy sources, which could further boost biodiesel consumption.
• Monitoring the evolving geopolitical landscape, as stability in biodiesel-producing regions may directly impact supply chains and consumption patterns.
• Ongoing development of sustainable practices within countries that currently exhibit high growth rates to maintain and possibly accelerate their adoption of blended biodiesels.
Top countries in Blended Biodiesels Available for Final Consumption by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32,860 | 2023 | +3.88% | -0.041% | View data |
| 2 | 2 Germany | 31,300 | 2023 | +3.45% | +5.51% | View data |
| 3 | 3 Spain | 18,410 | 2023 | +5.28% | +0.66% | View data |
| 4 | 4 Italy | 17,130 | 2023 | +2.96% | +3.89% | View data |
| 5 | 5 Sweden | 16,640 | 2023 | +15.56% | +10.01% | View data |
| 6 | 6 United Kingdom | 16,040 | 2023 | +4.54% | +9.37% | View data |
| 7 | 7 Poland | 10,310 | 2023 | +2.87% | +3.72% | View data |
| 8 | 8 Belgium | 7,710 | 2023 | +4.62% | +12.67% | View data |
| 9 | 9 Netherlands | 5,830 | 2023 | +10.04% | +6.38% | View data |
| 10 | 10 Norway | 5,430 | 2023 | +10.64% | +7.21% | View data |