September 2012 Qingbin Wang, Ph.D. University

  • economic feasibility and market potentials for oilseed and farm
  • economic feasibility and market potentials for oilseed and farm
  • economic feasibility and market potentials for oilseed and farm
  • economic feasibility and market potentials for oilseed and farm

V(A). Planned Program (Summary)

Economic Feasibility of Non-Food Biodiesel

Problems and potentials: Farmers, research,

Economic implications for the potential development

  • What is the OECD-FAO Agricultural Outlook 2023-2032?
  • The OECD-FAO Agricultural Outlook 2023-2032 provides a consensus assessment of the ten-year prospects for agricultural commodity and fish markets at national, regional, and global levels, and serves as a reference for forward-looking policy analysis and planning.
  • Are biofuel policies a major source of uncertainty in the vegetable oil sector?
  • Biofuel policies in the United States, the European Union, and Indonesia remain a major source of uncertainty in the vegetable oil sector given that about 16% of global vegetable oil supplies go to biodiesel production.
  • Is a biodiesel plant economically viable?
  • These results therefore show that the project which produces 1tonne of biodiesel per day is viable economically (except in case 1 where there was a loss) and if the plant’s capacity is increased profit per day will also increase even when biodiesel price is kept as low as US$0.339.
  • Which countries export oilseeds?
  • For other oilseeds, the internationally traded share of global production remains much lower at about 14% of world production as the two largest producers, China and the European Union, are net-importers. The main exporters are Canada, Australia, and Ukraine, which are projected to account for 70% of world exports by 2032.
  • What factors affect biodiesel production in China?
  • The development of crude oil prices, which affects the competitivity and profitability of biodiesel production, remains a major source of uncertainty. China’s import demand for soybean remains uncertain and many factors influence it.
  • Is vegetable oil a feedstock for biodiesel?
  • The uptake of vegetable oil as feedstock for biodiesel (about 16% of global vegetable oil use) is projected to increase slower over the next ten years, compared to the 6.5% p.a. increase recorded over the previous decade when biofuel support policies took effect (Figure 4.3).