This report replaces the previous Peru Biofuels Annual report dated November 2, 2016. During 2017, ethanol production is forecast at 112 million liters, up slightly from 2016. Production has fallen since the decommissioning of a plant in 2015, so Peru’s imports have risen to meet demand. Consumption of ethanol is forecast up slightly at 177 million liters. For biodiesel, competition from imports caused domestic plants to shutter in 2014. But due to the countervailing duties imposed on Argentina in 2016, biodiesel production is forecast to resume in 2017, reaching 60 million liters. Imports of biodiesel in 2017 are forecast down slightly at 354 million liters.