World’s Ethanol Production Forecast 2008 - 2012
January 26, 2008Major findings:
- World’s ethanol production will pass 20 Bln gallons in 2012.
- Ethanol production is expected to grow in 2008 - 2012 with CAGR about 5%.
- U.S. and Brazil are leading the world in production of ethanol.
- Emergence of new ethanol producers in Asia and Latin America.
- Cuba has the capacity to manufacture as much as 3.2 billion gallons of ethanol annually from its sugar crop.
Factors driving ethanol market:
- High oil prices.
- National energy security considerations.
- Ethanol tax incentives.
- Improved technology - lower costs of ethanol production.
- Climate change concerns.
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World Ethanol Production Forecast 2008 - 2012 by Country, Millions of Gallons |
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| 2008 | 2009 | 2010 | 2011 | 2012 | CAGR, % | |
| Brazil | 4,988 | 5,238 | 5,489 | 5,739 | 5,990 | 2.8% |
| U.S. | 6,198 | 6,858 | 7,518 | 8,178 | 8,838 | 5.7% |
| China | 1,075 | 1,101 | 1,128 | 1,154 | 1,181 | 1.4% |
| India | 531 | 551 | 571 | 591 | 611 | 2.2% |
| France | 285 | 301 | 317 | 333 | 349 | 3.2% |
| Spain | 163 | 184 | 206 | 227 | 249 | 6.9% |
| Germany | 319 | 381 | 444 | 506 | 569 | 9.7% |
| Canada | 230 | 276 | 322 | 368 | 414 | 9.9% |
| Indonesia | 76 | 84 | 92 | 100 | 108 | 5.6% |
| Italy | 50 | 53 | 55 | 58 | 60 | 2.8% |
| ROW | 2,302 | 2,548 | 2,794 | 3,040 | 3,286 | 5.7% |
| World | 16,215 | 17,574 | 18,934 | 20,293 | 21,653 | 4.6% |
Appendices:
Bioethanol in Europe
Categories: Energy |
March 9th, 2008 at 5:47 am
[...] to Market Research Analyst the world’s ethanol production will reach 20 Bln gallons in 2012. Still wide acceptance of [...]