Brazilian net exports of ethanol could increase 457% in 2021/22, according to the Institute for International Trade Negotiations (Icone) and the Federation of Industries of São Paulo (Fiesp). The evaluation of ethanol domestic consumption will jump 80% from 25.5 billion liters in 2010/2011 to 46 billion liters in 2021/2022. To meet demand, the researchers believe that the production of sugarcane in the period is expected to increase 55%, reaching 1.1 billion tons.

A study conducted by the institutions shows that the export volume will jump from 1.8 billion liters in 2010/2011 harvest to 10.27 billion in 2021/2022. Shipments of sugar will increase by 25%, reaching 35 million tons in the period.

They also believe that about 70% of the demand for biofuel in the period will be from the United States.

The researcher from Icone, Marcelo Moreira, says that by 2015 there tend to be an idle reduction and reduction of opportunities for buying and selling of existing power plants. “This should push new investments, since the cheapest options for recovery of land must already be exhausted,” he says.