Argentina: Biofuels Annual
Argentine bioethanol production for 2017 is projected to increase to a record 1.04 billion liters as a result of growing demand reflecting a stronger local economy and a full year with the new increased blending mix of 12 percent. From now on, the supply of bioethanol has to be divided in half between the sugar industry and the grain ethanol sector. As in past years, there is no trade in ethanol. Biodiesel production for 2017 is forecast to increase to 3.1 billion liters, a new record. This is a result of the combination of a record domestic demand and a rebound of exports. Argentina does not import biodiesel, but it is a major world exporter. The United States is expected to be the number one destination in 2016 and 2017, followed by Peru. Exports to the EU, impacted by anti-dumping duties in 2013, could slowly resume in 2017 with a favorable dispute settlement outcome for Argentina.
