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In 2023, consumption of bioethanol and biomass-based diesel (BBD) are estimated to have increased by respectively 4.5 percent to 6.58 billion liters and 0.6 percent to 17.98 billion liters. For bioethanol, the expansion is mainly due to gasoline fuel pool growth, while growth for BBD is entirely due to increased blending.
Argentine bioethanol consumption for 2022 is forecast at a record 1.1 billion liters due to the combination of increased gasoline demand and a higher blend rate, close to the maximum official blend rate. Biodiesel production in 2022 is projected to...