Biofuel market value in Europe 2017-2026

Published by Statista Research Department, Dec 20, 2023
Europe's market for biofuels and biodiesel is expected to value at 70.7 billion U.S. dollars by 2026. Assuming a compound annual growth rate of 5.18 percent, Europe's biofuel market could exceed 70 billion U.S. dollars by mid 2020s, up from 45.2 billion U.S. dollars in 2017.

Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars)

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Release date

2019

Region

Europe

Survey time period

2017 and 2026

Supplementary notes

* Forecast based on CAGR of 5.18 percent during 2018 to 2026.

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