Spain: Spain Biofuels Policy and Market

Commodities

Consumption mandates and fossil fuel demand continue to define the size of the Spanish biofuels market. Since the second quarter of 2020, COVID-19 related movement restrictions lowered demand for conventional fuels. Shifting consumer preferences for modes of transportation are also altering fuel consumption dynamics. Spain’s reduced biofuels market is anticipated to take a toll in domestic production and imports of biodiesel. Conversely, the bioethanol industry has managed to partially offset the drop in demand by supplying ethanol for the production of disinfectants. 

Spain: Spain Biofuels Policy and Market