Demand for biodiesel from Germany continues to be very high, especially in the EU-28, according to export figures published by the German Federal Statistical Office (GFS).
Demand for German BioDiesel Growing by 4.4% Y2Y
German biodiesel exports amounted to about 1.61 million metric tons (more than 483 million gallons) in 2017. Exports exceeded the previous year’s level by 4.4 percent and are a major support for rapeseed oil demand in Germany.
The EU member states are the main receiving countries, accounting for about 89 percent.
The U.S. was the most significant country outside the EU receiving German biodiesel, despite a 17.5 percent drop in imports from 2016 to 70,100 tons. Exports only picked up again in the last quarter of 2017, according to GFSO).
The Netherlands, the biggest purchaser of German biodiesel, ordered somewhat less than it did than a year earlier, but Poland, the second largest recipient of German biodiesel, increased its purchases by 2 percent to 234,000 tons.
Exports to Austria increased strongly by nearly 35 percent, moving the country up to third place. Demand from Denmark showed an unexpected rise of 104 percent.
At the same time, German imports of foreign biodiesel went up about 4.6 percent to 792,000 tons. According to Agrarmarkt Informations-Gesellschaft (mbH), this was the largest quantity imported since 2012.
Deliveries from the Netherlands went up 6.5 percent to 305,000 tons despite the previous year’s 87 percent growth. Belgium ramped up its exports to Germany by 35 percent to 136,000 tons.
On the other hand, imports from Malaysia, at 124,000 tons, came down 3.5 percent from 2016.Follow & Contact Tank Transport Trader: