Global biofuel production forecast 2022-2030, by product
According to a 2023 study, fuel ethanol production is expected to climb to more than 147 billion liters by 2030. This would amount to an increase of more than 17 billion liters compared with 2022 levels. Ethanol is set to continue to be the most produced biofuel type, as biodiesel production volumes remain less than half those of ethanol.