The European Union has officially enacted anti-dumping tariffs on Chinese renewable diesel and biodiesel, a move that is already impacting global trade. With Chinese biodiesel exports hitting record lows, these measures seem to be reshaping the market landscape.
EU’s Finalized Tariffs on Chinese Biodiesel
- The European Commission confirmed the tariffs in the Official Journal of the European Union on Tuesday.
- These duties, ranging from 10% to 35.6%, apply to all biodiesel, whether pure or blended, but exclude Sustainable Aviation Fuel (SAF).
- The final tariffs replace the provisional measures that were first introduced in August 2024.
Chinese Biodiesel Exports Plunge
- In December 2024, China’s biodiesel exports dropped to just 70,000 MT, marking a record low for this period.
- The total annual export volume fell to its lowest level since 2021, signaling that the tariffs are effectively limiting Chinese biodiesel imports into the EU.
What’s Next for the Global Biodiesel Market?
The new EU tariffs could reshape trade flows, forcing European buyers to source biodiesel from alternative markets. Additionally, higher feedstock costs and regulatory shifts continue to put pressure on biodiesel production margins.
For a detailed market breakdown and future outlook, read our full market analyses here: https://app.vespertool.com/market-analysis/1708?commodity=vegetable-oil
