Eastern Europe: Biodiesel Market 2025

Biodiesel Market Size in Eastern Europe

In 2021, the East European biodiesel market increased by 20% to $X, rising for the fifth consecutive year after three years of decline. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +109.5% against 2016 indices. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the near future.

Biodiesel Production in Eastern Europe

In value terms, biodiesel production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 4.3% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Biodiesel Exports

Exports in Eastern Europe

In 2021, the amount of biodiesel exported in Eastern Europe surged to X tons, growing by 21% against 2020. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 58%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, biodiesel exports soared to $X in 2021. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Bulgaria (X tons) and Poland (X tons) represented the major exporters of biodiesel in Eastern Europe, together accounting for near 62% of total exports. Lithuania (X tons) ranks next in terms of the total exports with a 12% share, followed by the Czech Republic (9.3%), Latvia (6%) and Hungary (5.6%). Slovakia (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +83.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest biodiesel supplying countries in Eastern Europe were Bulgaria ($X), Poland ($X) and Lithuania ($X), together accounting for 73% of total exports.

Bulgaria, with a CAGR of +87.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 61% against the previous year. Export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, biodiesel export price increased by +67.7% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Hungary ($X per ton) and Latvia ($X per ton), while the Czech Republic ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+3.6%), while the other leaders experienced more modest paces of growth.

Biodiesel Imports

Imports in Eastern Europe

In 2021, approx. X tons of biodiesel were imported in Eastern Europe; increasing by 14% against the year before. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 43%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, biodiesel imports soared to $X in 2021. Overall, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bulgaria (X tons) and Poland (X tons) represented the main importers of biodiesel in 2021, reaching near 27% and 24% of total imports, respectively. It was distantly followed by Romania (X tons), the Czech Republic (X tons), Lithuania (X tons), Slovakia (X tons) and Hungary (X tons), together creating a 46% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +113.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Bulgaria ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 62% of total imports. These countries were followed by Romania, Lithuania, Slovakia and Hungary, which together accounted for a further 35%.

Among the main importing countries, Hungary, with a CAGR of +123.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, growing by 64% against the previous year. Import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, biodiesel import price increased by +70.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Hungary ($X per ton), while Bulgaria ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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