Ethanol Trade

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Net Exporters (Million Gallons)

 Brazil 687 925 1,368 1,490 1,614 1,814 2,209 2,736 3,280 3,708 3,937 4,651 4,839

 China 80 65 86 79 76 73 75 75 71 66 49 12 -25

 Total Net Exports * 992 990 1,454 1,576 1,702 1,905 2,311 2,847 3,390 3,817 4,017 4,682 4,840

Net Importers

 Canada 22 35 29 40 46 50 45 42 40 37 43 49 57

 European Union 166 185 131 167 183 205 219 232 248 259 301 354 401

 India 78 77 2 -7 -12 -17 -27 -36 -39 -43 -31 -18 -2

 Japan 145 173 176 190 203 216 228 239 251 262 279 321 351

 South Korea 87 108 115 128 138 148 157 167 177 187 200 233 256

 United States -224 149 728 768 839 981 1,348 1,844 2,341 2,728 2,839 3,338 3,340

 ROW 492 264 272 284 294 304 314 324 334 344 356 388 411

 Total Net Imports * 992 990 1,454 1,576 1,702 1,905 2,311 2,847 3,390 3,817 4,017 4,682 4,840

Prices (U.S. Dollars per Gallon)

 Anhydrous Ethanol Price, Brazil † 2.18 1.63 2.05 2.00 2.10 2.17 2.34 2.48 2.58 2.71 2.56 2.60 2.50

 Ethanol, FOB Omaha 1.89 1.97 1.92 2.04 2.12 2.21 2.18 2.11 2.08 2.06 2.05 2.04 2.01

Note: 1 gallon = 3.7857 liters; 1 metric ton = 1237.1644 liters.

* Total net exports are the sum of all positive net exports.

† Represents world ethanol price.

Biodiesel Trade

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Net Exporters (Million Gallons)

 Argentina 370 377 409 428 439 444 445 444 442 439 435 421 410

 Brazil 0 50 77 97 109 118 113 104 94 82 70 29 0

 Indonesia 21 23 26 29 33 38 45 53 63 76 93 170 260

 Malaysia 34 47 59 73 86 100 114 128 143 158 173 222 256

 United States 85 -62 -100 -108 -100 -88 -76 -61 -49 -39 -30 -4 10

 Total Net Exports * 562 552 626 681 723 755 772 786 799 813 828 901 996

Net Importers

 European Union 559 489 525 573 621 665 694 723 748 771 796 894 993

 Japan 4 1 1 0 1 2 3 3 333 33

 ROW -53 -55 -55 -55 -55 -56 -56 -57 -57 -57 -58 -59 -60

 Total Net Imports * 562 552 626 681 723 755 772 786 799 813 828 901 996

Prices (U.S. Dollars per Gallon)

 Central Europe FOB Price † 4.21 4.77 4.78 4.85 4.93 5.00 5.08 5.20 5.31 5.40 5.51 5.81 5.97

 Biodiesel Plant 3.62 4.22 4.02 3.91 3.98 4.04 4.13 4.22 4.32 4.42 4.53 4.84 5.04

Note: 1 gallon = 3.7857 liters; 1 metric ton = 1136.36 liters.

* Total net exports are the sum of all positive net exports.

† Represents world biodiesel price.

World Biofuels: FAPRI-ISU 2011 Agricultural Outlook / 117
U.S. Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 13,084 12,368 12,387 13,387 14,241 15,031 15,307 15,332 15,367 15,406 15,454 15,577 15,637

Consumption 12,803 12,517 13,120 14,107 15,038 15,972 16,634 17,168 17,701 18,129 18,287 18,911 18,973

Ending Stock 754 754 749 797 839 880 901 908 915 920 925 938 946

 Net Trade 224 -149 -728 -768 -839 -981 -1,348 -1,844 -2,341 -2,728 -2,839 -3,338 -3,340

Feedstock in Ethanol Production (Thousand Metric Tons)

Corn 118,844 119,424 112,454 120,786 127,645 133,816 135,306 134,553 133,882 133,200 132,509 130,371 128,922

Corn Stover 16 114 408 713 959 1,208 1,454 1,723 2,003 2,317 2,691 3,536 3,858

Switchgrass 0 0 0 0 0 0 0 0 000 00

Biodiesel (Million Gallons)

Production 553 899 968 892 900 912 924 939 951 961 970 996 1,010

Consumption 469 960 1,068 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000

 Net Trade 85 -62 -100 -108 -100 -88 -76 -61 -49 -39 -30 -4 10

Feedstock in Biodiesel Production (Thousand Metric Tons)

Soybean Oil 941 1,491 1,413 1,033 1,006 1,019 1,041 1,079 1,108 1,129 1,151 1,177 1,131

Other fats and oils 992 1,649 1,971 2,085 2,138 2,169 2,189 2,203 2,216 2,228 2,238 2,301 2,398

Argentine Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Biodiesel (Million Gallons)

Production 555 610 646 670 685 695 701 706 709 710 712 713 714

Consumption 185 233 237 242 246 251 256 261 266 272 277 293 304

 Net Trade 370 377 409 428 439 444 445 444 442 439 435 421 410

Feedstock in Biodiesel Production (Thousand Metric Tons)

 Soybean Oil 1,871 2,050 2,163 2,234 2,276 2,300 2,313 2,318 2,318 2,315 2,310 2,289 2,272

Brazilian Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 7,228 8,231 9,003 9,539 10,109 10,709 11,448 12,303 13,182 13,984 14,642 16,631 17,817

Consumption 6,599 7,246 7,618 8,046 8,487 8,891 9,239 9,567 9,901 10,270 10,694 11,969 12,968

Ending Stock 531 590 606 608 616 620 620 619 621 626 637 665 688

 Net Trade 687 925 1,368 1,490 1,614 1,814 2,209 2,736 3,280 3,708 3,937 4,651 4,839

Feedstock in Ethanol Production (Thousand Metric Tons)

 Sugarcane 348,461 383,817 415,269 437,635 461,228 485,958 516,575 552,122 588,382 620,816 646,513 722,394 765,481

Biodiesel (Million Gallons)

Production 647 692 722 742 756 765 771 776 779 781 783 786 787

Consumption 647 642 645 646 646 647 659 672 685 699 713 757 787

 Net Trade 0 50 77 97 109 118 113 104 94 82 70 29 0

Feedstock in Biodiesel Production (Thousand Metric Tons)

 Soybean Oil 1,805 1,919 1,991 2,036 2,061 2,075 2,080 2,081 2,077 2,071 2,064 2,036 2,015

118 / World Biofuels: FAPRI-ISU 2011 Agricultural Outlook
Canadian Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 359 366 375 377 380 385 398 412 425 438 447 481 503

Disappearance 382 400 405 417 426 435 443 454 464 475 490 530 560

 Net Trade -22 -35 -29 -40 -46 -50 -45 -42 -40 -37 -43 -49 -57

Feedstock in Ethanol Production (Thousand Metric Tons)

 Wheat 1,220 1,115 1,500 1,497 1,502 1,515 1,557 1,603 1,645 1,690 1,716 1,819 1,881

 Corn 2,255 2,455 2,405 2,406 2,420 2,447 2,521 2,601 2,675 2,755 2,803 2,991 3,108

Chinese Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 578 596 626 644 663 684 708 731 753 775 791 849 885

Disappearance 497 531 540 565 587 611 633 656 682 708 741 836 910

 Net Trade 80 65 86 79 76 73 75 75 71 66 49 12 -25

Feedstock in Ethanol Production (Thousand Metric Tons)

 Wheat 1,740 1,787 1,865 1,910 1,957 2,009 2,067 2,125 2,176 2,229 2,263 2,394 2,471

 Corn 4,154 4,275 4,473 4,592 4,717 4,853 5,006 5,156 5,293 5,434 5,530 5,889 6,106

European Union Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 1,170 1,432 1,648 1,815 1,993 2,168 2,347 2,525 2,702 2,881 3,045 3,469 3,746

Consumption 1,337 1,618 1,778 1,982 2,176 2,374 2,566 2,757 2,949 3,140 3,346 3,822 4,147

Ending Stock 50 49 50 50 50 50 50 50 50 50 49 49 49

 Net Trade -166 -185 -131 -167 -183 -205 -219 -232 -248 -259 -301 -354 -401

Feedstock in Ethanol Production (Thousand Metric Tons)

 Wheat 4,060 6,334 7,314 8,019 8,803 9,572 10,316 11,062 11,782 12,510 13,158 14,826 16,647

 Corn 2,640 3,109 3,591 3,957 4,357 4,750 5,148 5,539 5,931 6,329 6,687 7,628 8,942

 Barley 370 1,625 1,851 2,029 2,219 2,405 2,587 2,768 2,944 3,123 3,281 3,673 4,984

Biodiesel (Million Gallons)

Production 3,091 3,235 3,177 3,233 3,265 3,312 3,354 3,448 3,547 3,641 3,737 4,002 4,146

Consumption 3,711 3,727 3,701 3,806 3,886 3,977 4,047 4,171 4,295 4,412 4,533 4,896 5,138

 Net Trade -559 -489 -525 -573 -621 -665 -694 -723 -748 -771 -796 -894 -993

Feedstock in Biodiesel Production (Thousand Metric Tons)

 Rapeseed Oil 7,632 8,001 7,781 7,931 8,027 8,166 8,279 8,515 8,761 8,996 9,232 9,892 10,247

 Soybean Oil 753 785 766 789 799 810 820 843 865 886 909 969 1,003

 Sunflower Oil 254 251 253 254 255 256 258 266 274 282 289 311 323

Indian Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

Production 379 490 550 570 594 616 643 669 692 716 730 789 825

Consumption 483 536 534 556 572 590 605 623 644 664 694 765 816

Ending Stock 302 333 351 357 367 375 386 396 406 415 421 446 461

 Net Trade -78 -77 -2 7 12 17 27 36 39 43 31 18 2

World Biofuels: FAPRI-ISU 2011 Agricultural Outlook / 119
Indonesian Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Biodiesel (Million Gallons)

Production 25 27 30 33 37 43 49 58 68 81 97 175 265

Consumption 4 4 4 4 4 4 5 5 555 55

 Net Trade 21 23 26 29 33 38 45 53 63 76 93 170 260

Feedstock in Biodiesel Production (Thousand Metric Tons)

 Palm Oil 89 95 104 115 130 149 172 201 238 283 341 613 926

Japanese Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

 Net Trade -145 -173 -176 -190 -203 -216 -228 -239 -251 -262 -279 -321 -351

Biodiesel

 Net Trade -4 -1 -1 0 -1 -2 -3 -3 -3 -3 -3 -3 -3

South Korean Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

 Net Trade -87 -108 -115 -128 -138 -148 -157 -167 -177 -187 -200 -233 -256

Malaysian Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Biodiesel (Million Gallons)

Production 35 47 60 73 87 101 116 130 145 161 176 226 261

Consumption 0 0 0 1 1 2 2 2 333 44

 Net Trade 34 47 59 73 86 100 114 128 143 158 173 222 256

Feedstock in Biodiesel Production (Thousand Metric Tons)

 Palm Oil 121 163 209 256 304 353 404 455 507 561 617 790 911

Rest-of-World Biofuels Production and Consumption

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 2025

Ethanol (Million Gallons)

 Net Trade -492 -264 -272 -284 -294 -304 -314 -324 -334 -344 -356 -388 -411

Biodiesel

 Net Trade 53 55 55 55 55 56 56 57 57 57 58 59 60

120 / World Biofuels: FAPRI-ISU 2011 Agricultural Outlook