Biodiesel & Blends > B30
U.S. Biodiesel & Blends > B30 Exports in 2024
Total Export Value
$798.2 Million
Total Volume
585,324 Metric Tons
3-Year Average
$1.29 Billion
Compound Average Growth
11.7% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| Canada | $743.77 Million |
| Peru | $49.2 Million |
| European Union | $2.27 Million |
| Singapore | $1.73 Million |
| Norway | $621,376 |
| Indonesia | $421,991 |
| Mexico | $40,578 |
| Chile | $39,615 |
| Dominican Republic | $23,111 |
| Hong Kong | $18,474 |
Data and Analysis
Starting October 1, 2024, the Philippines moved to a B3 or 3 percent coco-methyl ester (CME) biodiesel mandate, from 2 percent previously. The blend will gradually increase to 4 percent in October 2025, and to 5 percent in October 2026.
In 2023, consumption of bioethanol and biomass-based diesel (BBD) are estimated to have increased by respectively 4.5 percent to 6.58 billion liters and 0.6 percent to 17.98 billion liters. For bioethanol, the expansion is mainly due to gasoline fuel pool growth, while growth for BBD is entirely due to increased blending.
Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.