The production of liquid biofuels worldwide amounted to about 2.2 million barrels per day in 2022. Global liquid biofuels production is projected to grow over the next decade, reaching some 5.6 million barrels per day in 2030 under the net-zero emissions by 2050 (NZE) scenario. This would represent an increase of roughly 155 percent when compared to 2022 levels. While liquid biofuels production is forecast to increase, projected liquid fuels production is expected to decrease.
Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario
(in million of barrels per day)
STEPS: Stated Policies Scenario
APS: Announced Pledges Scenario
NZE: Net Zero Emissions by 2050 Scenario
More information about the IEA's scenarios can be found here.
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IEA. (November 22, 2023). Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario (in million of barrels per day) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/
IEA. "Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario (in million of barrels per day)." Chart. November 22, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/
IEA. (2023). Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario (in million of barrels per day). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/
IEA. "Production of Liquid Biofuels Worldwide in 2022, with a Forecast for 2030, by Scenario (in Million of Barrels per Day)." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/
IEA, Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario (in million of barrels per day) Statista, https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/ (last visited November 21, 2024)
Production of liquid biofuels worldwide in 2022, with a forecast for 2030, by scenario (in million of barrels per day) [Graph], IEA, November 22, 2023. [Online]. Available: https://www.statista.com/statistics/1451470/projected-liquid-biofuels-production-worldwide-by-scenario/
