Germany is leading biodiesel supplier to the US

US biodiesel imports have been plentiful over the past few months and since 2022 import volumes have doubled.
Given the attractive price level, EU origins in particular have dominated.
Germany produces significantly more biodiesel than any other EU member state and consequently plays a vital role in supplying the US.
This significance is reflected in US import figures. The amount of biodiesel Germany supplied in February 2024 is especially noteworthy, accounting for just under 58% of total shipments. However, import volumes from Germany declined as the year progressed.
Notwithstanding robust imports and growing competition from renewable fuels, US biodiesel fuel production also increased 5% year-on-year to 5.6 million tonnes in 2023. Consequently, biodiesel consumption in 2023 reached its highest level since 2017. Nevertheless, the US Energy Information Administration expects US biodiesel production to decrease in the current year.