In 2023, Austria was the largest importer of blended biodiesels in Europe, with imports valued at 11.51 thousand terajoules, although it experienced a slight decline by 0.45%. Conversely, Germany saw a significant increase of 12.96% in imports, indicating a strong demand for biodiesels. Notably, Croatia and Portugal faced the highest growth rates at 115.86% and 85.05%, respectively, albeit from smaller bases. Estonia's imports surged by 37.29%, signaling a rising interest in biodiesel alternatives. Meanwhile, Sweden and Iceland's imports remained unchanged, showcasing stability or limited growth in demand for these markets.
Future trends to watch for include:
- The potential for increased biodiesel adoption in countries with significant growth rates like Croatia and Portugal, as these markets show expanding interest and capacity.
- Monitoring the stability in low-growth markets like Austria or countries with no change, such as Sweden and Iceland, to gauge potential shifts in energy import mix strategies.
- The impact of policy and regulatory changes across Europe, potentially influencing both the supply chain and demand for blended biodiesels.
Top countries in Blended Biodiesels Imports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 11,510 | 2023 | +1.76% | -0.45% | View data |
| 2 | 2 Germany | 7,020 | 2023 | +7.07% | +12.96% | View data |
| 3 | 3 Luxembourg | 5,570 | 2023 | +4.32% | +3.38% | View data |
| 4 | 4 Czech Republic | 4,730 | 2023 | +24.61% | +4.41% | View data |
| 5 | 5 Hungary | 4,600 | 2023 | +4.91% | +10.93% | View data |
| 6 | 6 Croatia | 4,160 | 2023 | +54.6% | +115.86% | View data |
| 7 | 7 Ireland | 2,980 | 2023 | +22.06% | +9.91% | View data |
| 8 | 8 Estonia | 2,570 | 2023 | +18.85% | +37.29% | View data |
| 9 | 9 Poland | 2,540 | 2023 | +16.01% | +8.95% | View data |
| 10 | 10 Portugal | 1,310 | 2023 | +4.64% | +85.05% | View data |