# U.S. imports of biomass-based diesel increased 12% in 2020 -
		U.S. Energy Information Administration (EIA)

> The EIA reports that U.S. imports of biomass-based diesel, including biodiesel and renewable diesel, rose 12% in 2020 to more than 31,000 barrels per day. Consumption was largely unaffected by COVID-19, and nearly 60% of imports were renewable diesel.

- Date: 2021-05-04 · published 2021-05-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/46961-u-s-imports-of-biomass-based-diesel-increased-12-in-2020-u-s-energy-information
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Imports are small relative to domestic use, so the effect on feedstock prices is limited. The data does confirm steady growth in biofuel demand supported by federal and state policy.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-06-02 | [Renewable diesel drives growth in 2019 biomass-based diesel imports -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/52475-renewable-diesel-drives-growth-in-2019-biomass-based-diesel-imports-u-s-energy.md) | +1.8% | +0.1% |
| SBO | 2022-02-17 | [Biodiesel Industry Bleeds Red in 2021 While Renewable Diesel Production Explodes](https://feedsoft.ai/events/42786-biodiesel-industry-bleeds-red-in-2021-while-renewable-diesel-production-explodes.md) | +6.8% | +4.4% |
| SBO | 2022-02-17 | [US biodiesel industry walloped in 2021 with potential aggregate loss of nearly $1 billion](https://feedsoft.ai/events/42788-us-biodiesel-industry-walloped-in-2021-with-potential-aggregate-loss-of-nearly.md) | +6.8% | +4.4% |
| SBO | 2024-04-12 | [USDA increased the estimate of world production of vegetable oils](https://feedsoft.ai/events/30861-usda-increased-the-estimate-of-world-production-of-vegetable-oils.md) | -4.6% | -7.0% |
| SBO | 2024-04-11 | [April WASDE maintains 2023-’24 forecast for soybean oil use in biofuel production  \| Biodiesel Magazine](https://feedsoft.ai/events/30819-april-wasde-maintains-2023-24-forecast-for-soybean-oil-use-in-biofuel.md) | -5.2% | -7.3% |

## Sources

- eia.gov: https://www.eia.gov/Todayinenergy/detail.php?id=47816

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.