The European blended biodiesels import market in 2024 shows Austria leading with a share of 22.98 terajoules, despite a slight decrease of 0.45% from the previous year. Germany follows with 14.02 terajoules, demonstrating a substantial increase of 12.96%. Growth is notable in Croatia, marking a 115.86% rise, and Portugal, up by 85.05%. Estonia also experienced a significant rise of 37.29%. These trends illustrate varied growth dynamics across countries, with several smaller markets like Bulgaria and Cyprus also seeing over 20% increases. On average, other countries like Hungary and Ireland show moderate growth rates.
Looking forward, the European blended biodiesel import market is likely to be influenced by continued shifts towards renewable energy and sustainable solutions. The anticipated increase in demand for environmentally friendly fuel alternatives may spur more investment and trade in biodiesels, especially in countries with rising growth trends such as Germany, Croatia, and Portugal. Regulatory changes and advancements in biodiesel technology may also reshape market dynamics.
Top countries in Blended Biodiesels Imports Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 22.98 | 2023 | +1.76% | -0.45% | View data |
| 2 | 2 Germany | 14.02 | 2023 | +7.07% | +12.96% | View data |
| 3 | 3 Luxembourg | 11.12 | 2023 | +4.32% | +3.38% | View data |
| 4 | 4 Czech Republic | 9.44 | 2023 | +24.61% | +4.41% | View data |
| 5 | 5 Hungary | 9.18 | 2023 | +4.91% | +10.93% | View data |
| 6 | 6 Croatia | 8.3 | 2023 | +54.6% | +115.86% | View data |
| 7 | 7 Ireland | 5.95 | 2023 | +22.06% | +9.91% | View data |
| 8 | 8 Estonia | 5.13 | 2023 | +18.85% | +37.29% | View data |
| 9 | 9 Poland | 5.06 | 2023 | +16.01% | +8.95% | View data |
| 10 | 10 Portugal | 2.62 | 2023 | +4.64% | +85.05% | View data |
