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Biodiesel sales increased 15% in Brazil for 2014 compared to previous year results.

Biodiesel Sales in the Brazilian market grew 15% last year and reached over 3.27 billion liters, through the government program that requires a compulsory blend with diesel. The raw materials remained broadly stable, with soybean oil accounting for 75% of all biodiesel produced in Brazil, followed by animal fats (21%) and cottonseed oil (2%).

This information was obtained by the Brazilian Association of Vegetable Oil Industries (Abiove), compiled from data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) and the Ministry of Development, Industry and Foreign Trade (MDIC).In a statement, ABIOVE notes that diesel B sales in Brazil should have closed 2014 with volume close to 60 billion liters. “Of this total, 11.5 billion liters (19%) originated abroad, with US $ 8.72 billion disbursement,” says the organization, noting that the values are record since the beginning of National Production and Use Program Biodiesel (PNPB) in 2005.

According to ABIOVE The national average price of biodiesel last year was BR $ 1.96 / liter at the plant, down 5.7% compared to the average level of 2013. Nevertheless, the diesel B (with 93% dieselA and 7% biodiesel) delivered to gas stations cost, on average, $ 2.21 per liter last year, up 8.3% compared to 2013. The price paid for the diesel to the Petrobras refineries rose 9.8% in the same period.