Global Ethanol Market 2024

Ethanol Market Size

The global ethanol market reached $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Ethanol Production

In value terms, ethanol production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Ethanol Exports

Exports

In 2022, global ethanol exports rose notably to X litres, with an increase of X% against 2021 figures. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ethanol exports surged to $X in 2022. In general, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States represented the major exporting country with an export of about X litres, which amounted to X% of total exports. The Netherlands (X litres) held the second position in the ranking, followed by Brazil (X litres) and Pakistan (X litres). All these countries together held approx. X% share of total exports. Hungary (X litres), France (X litres), Belgium (X litres), Germany (X litres), Spain (X litres) and South Africa (X litres) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ethanol exports from the United States stood at X%. At the same time, Pakistan (X%), the Netherlands (X%), Hungary (X%), Spain (X%), Germany (X%), South Africa (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, the Netherlands and Pakistan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest ethanol supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Brazil (X% per year).

Export Prices by Country

The average ethanol export price stood at $X per litre in 2022, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per litre), while Pakistan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other global leaders experienced more modest paces of growth.

Ethanol Imports

Imports

In 2022, the amount of ethyl alcohol imported worldwide reached X litres, rising by X% on 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, global imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, ethanol imports skyrocketed to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X litres), the Netherlands (X litres), Germany (X litres), the UK (X litres), Japan (X litres), France (X litres), the United States (X litres), South Korea (X litres), the Philippines (X litres), India (X litres), Sweden (X litres) and Peru (X litres) represented the key importer of ethyl alcohol in the world, achieving X% of total import. Belgium (X litres) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The UK, France, Japan, South Korea, the United States, the Philippines, Sweden, India, Belgium and Peru lagged somewhat behind, together comprising a further X%.

Among the main importing countries, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average ethanol import price stood at $X per litre in 2022, surging by X% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per litre), while Japan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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