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World Biodiesel Production Projected to Increase Again this Year

Thursday, February 6, 2020

Oil World estimates show world biodiesel production in the current year at 47.40 million MT, an increase by 3.7% from year-ago at 45.69 million MT.  EU-28 remains the biggest producer at 14.50 million MT (14.69 million year-ago) or 30.6% of total, followed far behind by the following (in million MT): Indonesia at 8.50 (7.55), United States 8.00 (7.50), Brazil 5.90 (5.17), Argentina 2.25 (2.18). Smaller volumes were produced in Singapore at 1.65 (1.75), Thailand at 1.50 (1.55), Malaysia 1.00 (1.20), Colombia 0.62 (0.58) and other countries with combined output at 3.48 (3.52).

Likewise, palm oil will remain the biggest feedstock at 18.30 million MT or 38.2% of total, with Indonesia leading the pack at 8.50 million MT (7.55 million), followed by EU at 4.16 million MT (4.30 million), Thailand 1.50 million MT (1.55 million), and Malaysia 1.00 million MT (1.20 million).  Utilization by other countries will be less than 1 million MT.  Soybean oil will still be the second biggest feedstock at 12.45 million MT (11.39 million) mainly utilized by Brazil 4.30 million MT (3.75 million), the US 4.42 million MT (4.05 million), and Argentina 2.25 million MT (2.18 million) which are major soybean producing countries. 

Rapeseed oil is third at 6.34 million MT (6.52 million) and mainly used in the EU at 5.45 million MT (5.64 million), with the US as other user at 0.50 million MT (0.48 million). Fourth feedstock in the list was used cooking oil at 4.95 million MT (4.86 million) mainly in the EU at 2.83 million MT (2.78 million) as well as the US at 1.10 million MT (1.03 million).  This is followed by tallow at 2.88 million MT (2.77 million) mainly used in Brazil at 0.70 million MT (0.62 million), US 0.65 million MT (0.64 million), EU 0.63 million MT (0.61 million) and Singapore 0.56 million MT (0.57 million).  The Philippines utilizes coconut oil as feedstock at 0.20 million MT (0.22 million). 

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