Republic of Korea - Biodiesel consumption

12.36 (thousand barrels per day) in 2022

In 2022, biodiesel consumption for Republic of Korea was 12.36 thousand barrels per day. Biodiesel consumption of Republic of Korea increased from 0.04 thousand barrels per day in 2003 to 12.36 thousand barrels per day in 2022 growing at an average annual rate of 48.58%.

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What is biodiesel consumption?

Biodiesel is a fuel typically made from soybean, canola, or other vegetable oils; animal fats; and recycled grease. It can serve as a substitute for petroleum-derived diesel or distillate fuel. For EIA reporting, it is a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, designated B100, and meeting the requirements of ASTM (American Society for Testing materials) D 6751.

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What is Republic of Korea biodiesel consumption?