By Martin Junginger, Chun Sheng Goh, André Faaij
The exchange of world bioenergy commodities, similar to ethanol, biodiesel and wooden pellets has been starting to be exponentially long ago decade, and feature by way of 2013 reached real “commodity” volumes, i.e. thousands and thousands of tonnes traded every year, and billions (both in US$/€) of annual turnover.
IEA Bioenergy activity forty used to be based in 2004 and is now in its 4th triennium. For the previous nine years, job forty has monitored the advancements in foreign bioenergy alternate, together with the association of approximately 20 workshops on trade-related issues, and the e-book of over a hundred stories, state reviews, newsletters, and so forth. the volume of fabric produced through the years and insights received in how biomass markets and foreign alternate of biomass and biofuels has constructed is striking. in addition to that the crowd has produced overviews and insights, additionally a large number of functional event has been introduced jointly in what works and what doesn’t. final yet no longer least, in keeping with all this, there are clear(er) perspectives on tips to continue to construct operating sustainable overseas biomass markets sooner or later. This publication compiles these classes and insights into an simply available e-book publication.
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Extra resources for International Bioenergy Trade: History, status & outlook on securing sustainable bioenergy supply, demand and markets
International trade in liquid biofuels is both demand and supply driven. Production costs and trading options are also influenced by additional short- and long-term market factors such as varying international feedstock and crude oil prices. 2. To steer international biofuel trade, policy makers would need to influence the economics of trade (see Kaditi 2009 for a broader discussion). 6 Outlook and Conclusions International biofuel markets have grown exponentially over the past decade. Today’s markets, although still volatile and policy dependent, have become much more transparent.
This is done in the following section, which also provides exemplary calculations of indirect trade flows. Afterwards, the currently largest trade streams (wood chips and wood pellets) are presented in detail and with specific link to the currently most important market and trade centre: Europe. Wherever applicable, European developments are put into a global perspective. Second to last, a separate section shows which policy and market factors have affected these past developments. The chapter closes with concluding remarks and an outlook on possible future trade developments.
2 Biofuel Feedstocks in Relation to Production and Trade Volumes of Agricultural Commodities We looked at typical cases where biofuel markets had possible interference with food and feed markets. Cases considered are corn, wheat and sugarcane for ethanol; rapeseed, palm oil and soybean oil for biodiesel. 1 Corn for Ethanol in the United States The US accounts for roughly 30–40 % of global corn production, and is traditionally the world’s dominant corn exporter (over 50 % of global corn trade), followed by Argentina and Brazil.