Do you know why China s gutter oil exports to the EU may face challenges?

Mondo Social Updated on 2024-01-29

China as a global biofuel (including:Gutter oil) producers and exporters, in recent yearsEuropean Unionof".Gutter oil"Exports are growing rapidly. However, this high growth may not be sustainable for two main reasons.

First of all,European Unionof".EnergyTotal consumption is contracting. In addition to this, solar, wind, and tidal energy, among othersClean energyIt is also becoming increasingly competitive, which could lead to a decline in demand for biofuels. Therefore,European Unionright".Gutter oil"The demand may decrease, which will affect the Chinese pairEuropean Unionexport volume.

Second, China follows the principle of "not competing with the people for food, not competing with the land for food", that is, it does not advocate the use of food crops to make biofuels. Since the Chinese population is more than 1.4 billion,Area of cultivated landRelatively limited, guaranteedFood securityVery important for China. Therefore, China is more inclined to use firewoodStrawwithGutter oiland other non-food raw materials to develop biofuels. However, it is used in large quantities in some countries with sufficient food productionCornSoybeansand other food crops to make biofuels. These countries have a competitive advantage in the biofuels export market, while China may be at risk of being taken market share by other countries.

To sum up, despite the fact that in the past few years China has been rightEuropean Unionof".Gutter oil"Exports are showing a rapid growth trend, but inEuropean UnionEnergyThis growth momentum may not be sustainable due to the contraction of aggregate consumption and the constraints of China's raw material selection principle. Even if in the future China will be able toEuropean UnionBiofuels have a certain share of the market, but by 2030, China will be rightEuropean Unionof".Gutter oil"The upper limit of the export market will also be fixed at about 2 million tons. As a result, China's biofuels industry is likely to face even greater challenges.

As a low-carbon, environmentally friendly, efficient and renewable fuel, biofuels are favored by countries and regions around the world. According to Statista, a comprehensive global data repository, the global biofuels market was valued at approximately $116.4 billion in 2022 and is expected to at least double in the next few years. As one of the world's important biofuel producers and exporters, China has broad development prospects.

China has already made some achievements in the field of biofuels. In 2020, China'sBiomassFuel power generation reached 132.6 billion kWh, an increase of 194%。Plus other typesBiomassFuel utilization, nationalBiomassThe annual utilization capacity is equivalent to more than 50 million tons of standard coal. According to the plan, by 2060, China will be available every yearBiomassThe fuel resource will exceed 1.5 billion tons of standard coal.

The size of China's biofuels industry will continue to expand, and biofuels are in ChinaOilThe proportion of total consumption is also increasing year by year. However, China's biofuels industry still faces some challenges in the face of domestic agricultural resource constraints and competition in the international market.

Judging from the available data and development trends, China is rightEuropean Unionof".Gutter oil"Export growth may face challenges. Although China has broad development prospects as a global biofuel producer and exporter, it is still in theEuropean UnionEnergyAgainst the backdrop of declining consumption and restrictions on the use of food raw materials, China's "Gutter oil"It may be difficult for exports to sustain high growth.

To meet this challenge, China needs to diversify its biofuels industry into raw materials**, while increasing technological innovation and R&D to improve product quality and environmental friendliness. In addition, China should also strengthen its relationship with:European Unionand other countries and regions to promote the sharing and mutually beneficial development of the biofuel market.

In the future, withClean energyWith increasing demand and global calls for environmental protection and sustainable development, the potential of the biofuels market will continue to expand. As an important player in the biofuels industry, China has huge room and opportunities for development, but at the same time, it also needs to face challenges and competition. Only by continuously improving the technical level and promotingIndustrial transformationUpgrade in order to gain a firm foothold in the global biofuel market and achieve greater development achievements.

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