MOZAMBIQUE BIOFUELS MARKET

Mozambique Biofuels Market is estimated to grow at a robust market growth rate in the years ahead owing to the government initiatives to decrease the country’s dependency on fuel imports along with increasing oil prices and escalating concerns about their limited availability.

Major Mozambique Biofuels Market Drivers and Emerging Trends

As part of wider economic transformation measures, the government has required the blending of biodiesel and ethanol with diesel and gasoline, while concurrently developing standards and regulations for this blending. These reforms aim to decrease Mozambique’s reliance on imported fuels by fostering a market for biofuels derived from feedstock crops grown within the country’s vast agricultural sector. In 2009, Mozambique introduced a biofuels strategy and policy which establishes itself with the most advanced legislation in the sector among neighboring African nations. Furthermore, Mozambique finalized its own sustainability criteria in 2012 which reflect increasing concerns about potential negative effects of the industry.

The country plans to employ sugarcane as the primary source for ethanol production, integrating it into gasoline blending operations at 11 specified sites, which three of these locations are situated within established fuel import hubs equipped with storage facilities. In the near future, Mozambique is expected to import ethanol to fulfill domestic demand with ongoing imports anticipated to complement local production on a smaller scale. This represents a significant opportunity for global agricultural equipment suppliers along with manufacturers of blending and distilling equipment, given that Mozambique set to emerge as a promising market for ethanol exports.

The other factors supporting the growth of Mozambique biofuels market are escalating fossil fuel prices coupled with increasing concerns about their limited availability, utilization, and implications for climate change. As an alternative to fossil fuels, biofuels are seen as beneficial and are considered a potential way for developing countries including Mozambique to escape poverty. Like many countries worldwide, Mozambique is exploring renewable energy solutions to fulfill its energy demands particularly concentrating on biomass production for biofuels which has attracted substantial foreign investments predominantly from large-scale ventures. Mozambique’s potential for biofuel feedstocks is supported by the established sugarcane plantation that have been thriving across various regions in the country for many years.

However, the challenges facing the industry as highlighted in the food-fuel-feed discussion, demonstrate the potential for biofuel production to create competing demands on resources such as water, land, and labor. Concerns about land grabbing, limited land access for impoverished communities, and the debate over food versus fuel are frequently cited as potential risks associated with the biofuels sector.

Mozambique Biofuels Leading Market Players

Several notable players within the market include PetroMoc, Viridesco Ltd., Procana Ltd, Principle Energy Ltd., BioEnergy Africa, Enerterra SA, among others.

Segments covered in the Report:

The Mozambique Biofuels Market has been segmented on the basis of form, product, application and feedstock. Based on the form, the market is segmented into solid biofuel, liquid biofuel, gaseous biofuel. Based on the product, the market is segmented into biodiesel, ethanol, others. Based on the application, the market is segmented into transportation, aviation, energy generation, heating, others. Based on the feedstock, the market is segmented into corn, sugarcane, vegetable oils, others.

Market Segmentation

Mozambique Biofuels Market by Form

• • Solid Biofuel
  • Liquid Biofuel
  • Gaseous Biofuel

Mozambique Biofuels Market by Product

• • Biodiesel
  • Ethanol
  • Others

Mozambique Biofuels Market by Application

• • Transportation
  • Aviation
  • Energy Generation
  • Heating
  • Others

Mozambique Biofuels Market by Feedstock

• • Corn
  • Sugarcane
  • Vegetables Oils
  • Other

Mozambique Biofuels Market Leading players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • PetroMoc
  • Viridesco Ltd.
  • Procana Ltd.
  • Principle Energy Ltd.
  • BioEnergy Africa
  • Enerterra SA