Despite weight of pandemic, ethanol exports were 5th highest on record in 2021
January 5, 2022 By Mark Dorenkamp Filed Under: COVID-19, Ethanol, News, Renewable Energy
The director of global ethanol market development for the U.S. Grains Council says ethanol exports felt the full weight of the pandemic during the last marketing year.
But Brian Healy tells Brownfield the numbers were still relatively positive and the fifth highest ever at 1.31 billion gallons.
“A lot of the losses that we saw in early 2020 rebounded as some of those stay-at-home orders eased. We saw that demand change here in the U.S. and certainly saw that pick up in terms of fuel demand around the world.”
Canada was the largest market last year, followed by India.
“It’s an industrial use market, so not for fuel use at this time. But certainly (USGC) is optimistic that their policy for E20 will hold and create some new demand opportunities there.”
Healy says South Korea, China and the European Union rounded out the top five markets for U.S. ethanol in 2021.
Your email address will not be published.
Subscribe for our newsletter today and receive relevant news straight to your inbox!