Germany is a number one biodiesel provider to the US

Germany is a number one biodiesel provider to the US.

US biodiesel imports have been plentiful over the previous few months. Since 2022 import volumes have even doubled. Given the engaging worth degree, EU origins specifically have dominated. 

Germany produces considerably extra biodiesel than another EU member state and consequently performs a significant function in supplying the US. This significance is mirrored in US import figures. The quantity of biodiesel Germany equipped in February 2024 is particularly noteworthy, accounting for slightly below 58 per cent of complete shipments. Nevertheless, import volumes from Germany declined because the yr progressed. 

However sturdy imports and rising competitors from renewable fuels, US biodiesel gasoline manufacturing additionally elevated 5 per cent year-on-year to five.6 million tonnes in 2023. Consequently, biodiesel consumption in 2023 reached its highest degree since 2017. However, the U.S. Power Info Administration expects US biodiesel manufacturing to lower within the present yr. 

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Germany is a number one biodiesel provider to the US. supply