Ethanol rose to 1.72 USD/Gal on October 15, 2025, up 0.44% from the previous day. Over the past month, Ethanol's price has fallen 14.34%, but it is still 14.12% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Ethanol - values, historical data, forecasts and news - updated on October of 2025.

Why did the Ethanol Price Change in July 2025? North American Ethanol Price Index increased by 1% over Q1 2025 but eventually had a downward trend throughout Q2, with quarterly average valued at USD 593/MT, 99% FOB Texas, as the market weakened despite initial-quarter strength.

In 2024, a liter of commercial hydrous ethanol fuel in Brazil was sold at an average price of **** Brazilian reals. This represented an increase of roughly three percent in comparison to the previous year, when Brazil's average sale price of ethanol fuel reached **** Brazilian reals. Hydrous ethanol accounts for most of the ethanol production in Brazil.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Ethanol (Ethyl Alcohol) (WPU06140341) from Dec 1973 to Aug 2025 about alcohol, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

Brazil BR: Consumer Fuel Price: Ethanol: Maximum data was reported at 6.490 BRL/l in Mar 2025. This stayed constant from the previous number of 6.490 BRL/l for Feb 2025. Brazil BR: Consumer Fuel Price: Ethanol: Maximum data is updated monthly, averaging 3.150 BRL/l from Jul 2001 (Median) to Mar 2025, with 284 observations. The data reached an all-time high of 7.989 BRL/l in Mar 2022 and a record low of 1.580 BRL/l in Jul 2001. Brazil BR: Consumer Fuel Price: Ethanol: Maximum data remains active status in CEIC and is reported by National Petroleum, Natural Gas and Biofuels Agency. The data is categorized under Global Database’s Brazil – Table BR.PF002: Consumer Fuel Price: Brazil: Monthly. Note:The Survey of Price and Margin Fuels Marketing covers gasoline, hydrated ethanol fuel, diesel oil without additive, compressed natural gas (CNG) and liquefied petroleum gas (LPG) which have been surveyed in 555 locations, about 10% municipalities in Brazil, in accordance with procedures established by the Brazilian National Agency of Petroleum, Natural Gas and Biofuels.The results of the Survey of Price and Margin Fuels Marketing contain selling price to the final consumer and purchasing price from the wholesaler of gasoline, hydrated ethanol fuel, diesel oil without additive, CNG and LPG observed in each municipality which has participated in the survey.

The Ethanol Fuel Production industry consists of companies that concentrate on producing nonpotable ethanol, or ethyl alcohol, for use as motor fuel. Products are primarily used as a biofuel additive for gasoline. According to the United States Department of Energy, more than 98.0% of gas in the United States contains some ethanol. Ethanol fuel is a domestically produced alternative to traditional fuel, generally made from corn. The dry-milling process, which composes most ethanol plants in the US, involves converting corn to flour and fermenting it to form ethanol. This makes operations highly sensitive to commodity prices, such as the world price of crude oil and corn. The industry has encountered significantly volatile conditions attributed to heavy fluctuations in commodity prices, prompting significant changes in the price of ethanol. Amid the onset of the pandemic in 2020, the cost of ethanol fell considerably because of reduced demand, resulting in collapsing industry revenue that year. As the economy reopened in 2021, demand returned and the price of ethanol surged. Trends reversed in 2023 and 2024 as corn and ethanol prices plummeted. Still, the enormous rise in 2021 effectively offset all other declines, enabling the industry to boom overall. Ethanol Fuel Production industry revenue has been accelerating at a CAGR of 5.0% over the past five years and is expected to total $32.3 billion in 2024, when revenue will fall by an estimated 5.9%. Profit also increased because of higher industry selling prices and a drop in wages. The industry will fare worse going forward, with a slated contraction. This contraction can be attributed to declines in the price of crude oil and subsequent decreases in the price of ethanol. Since most of the industry's meteoric growth was due to price increases, not production, falling commodity prices will cause industry revenue to regress. Ethanol Fuel Production industry revenue is expected to inch downward at a CAGR of 0.4% to $31.6 billion over the five years to 2029.

Explore the factors affecting ethanol prices in 2023, including production costs, market demand, regulatory influences, and international trade. Discover why ethanol prices fluctuate between $600 to $800 per ton and how these dynamics impact the energy sector.

The north and north-east regions of Brazil had the highest average sale price of ethanol fuel in 2024, with figures amounting to **** and **** Brazilian reals per liter, respectively. Meanwhile, the central-west region had the lowest price, standing below the national average, at **** Brazilian reals per liter. Brazil's ethanol fuel production has surpassed ** million cubic meters in recent years.

Brazil BR: Wholesale Fuel Price: Ethanol: Maximum data was reported at 4.043 BRL/l in Aug 2020. This records an increase from the previous number of 3.884 BRL/l for Jul 2020. Brazil BR: Wholesale Fuel Price: Ethanol: Maximum data is updated monthly, averaging 2.464 BRL/l from Jul 2001 (Median) to Aug 2020, with 230 observations. The data reached an all-time high of 4.693 BRL/l in Mar 2020 and a record low of 1.287 BRL/l in Nov 2001. Brazil BR: Wholesale Fuel Price: Ethanol: Maximum data remains active status in CEIC and is reported by National Petroleum, Natural Gas and Biofuels Agency. The data is categorized under Global Database’s Brazil – Table BR.PF009: Distributor Fuel Price: Brazil: Monthly (Discontinued). Note:The Survey of Price and Margin Fuels Marketing covers gasoline, hydrated ethanol fuel, diesel oil without additive, compressed natural gas (CNG) and liquefied petroleum gas (LPG) which have been surveyed in 555 locations, about 10% municipalities in Brazil, in accordance with procedures established by the Brazilian National Agency of Petroleum, Natural Gas and Biofuels.The results of the Survey of Price and Margin Fuels Marketing contain selling price to the final consumer and purchasing price from the wholesaler of gasoline, hydrated ethanol fuel, diesel oil without additive, CNG and LPG observed in each municipality which has participated in the survey.

This dataset contains government-fixed ex-mill ethanol prices by year and feedstock type, including C-heavy molasses, B-heavy molasses, sugarcane juice/syrup, surplus rice from Food Corporation of India (FCI), damaged food grains (DFG), and maize. The National Policy on Biofuels-2018 allowed DFG to be used for ethanol from ESY 2018-19, and in April 2020, the government approved the use of FCI surplus rice and maize. These steps reflect India’s strategy to diversify feedstocks and boost ethanol production under the EBP Programme.

According to Cognitive Market Research, the global Fuel Ethanol market size was USD 88515.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 35405.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 26554.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 20358.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 4425.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1770.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Synthetic held the highest Fuel Ethanol market revenue share in 2024.

Market Dynamics of Fuel Ethanol Market

Key Drivers for Fuel Ethanol Market

Renewable Energy Goals to Increase the Demand Globally: Governments globally are championing renewable energy to cut greenhouse gas emissions and tackle climate change. Ethanol, a biofuel made from agricultural crops, supports these objectives by providing a cleaner alternative to fossil fuels. Many countries implement mandates or incentives to boost ethanol use, recognizing its role in reducing carbon footprints and enhancing energy sustainability. These policies aim to foster a shift towards greener energy sources, helping mitigate environmental impact and promote long-term ecological balance. Through such initiatives, ethanol becomes a key player in advancing global renewable energy goals.

Energy Security to Propel Market Growth: Reducing reliance on fossil fuels strengthens energy security by diversifying fuel sources and minimizing dependence on imported oil. Ethanol production plays a crucial role in this strategy by providing a renewable, domestically sourced alternative. By integrating ethanol into the energy mix, countries can decrease their vulnerability to volatile oil markets and geopolitical uncertainties. This shift not only promotes stability in energy supply but also supports local economies through agricultural and industrial investments. Enhanced energy security through ethanol contributes to a more resilient and self-sufficient energy infrastructure, ensuring a stable and sustainable energy future.

Key Restraint Factor for the Fuel Ethanol Market

Food vs. Fuel Debate to Limit the Sales: The food versus fuel debate centers on concerns that dedicating agricultural land to ethanol production may impact food security and drive up food prices. As land and crops are diverted from food production to biofuel use, it raises fears of reduced food supply and higher costs for consumers. This tension can constrain the growth of ethanol production, as policymakers balance the benefits of renewable energy against potential negative effects on food availability. Addressing these concerns requires innovative solutions to optimize land use and enhance crop yields, ensuring that both energy and food needs are met sustainably.

Key Trends for Fuel Ethanol Market

Transition to Second-Generation (Cellulosic) Ethanol: Recent advancements are facilitating the production of ethanol from non-food biomass, such as agricultural waste. These developments mitigate the food-versus-fuel dilemma and promote enhanced sustainability. Second-generation ethanol is attracting interest due to its long-term ecological advantages.

Strategic Alliances and Expansion of Global Trade: Nations are progressively establishing trade agreements for the import and export of ethanol. Brazil and the United States are prominent exporters, while the Asia-Pacific region and Europe serve as significant consumers. These international supply chains improve availability and contribute to price stability.

Impact of Covid-19 on the Fuel Ethanol Market

The COVID-19 pandemic significantly impacted the fuel ethanol market, causing a sharp decline in demand due to reduced transportation activity and economic slowdowns. ...

In November 2021, U.S. ethanol prices hit over $3.2 per gallon, doubling against the same period in 2020. Despite this, the last factory in the U.S. producing synthetic ethanol announced ceasing operations because it cannot compete with bioethanol in terms of costs. Government investments worth $26M will drive U.S. biofuel infrastructure development. A conflict between biofuel producers and the Environmental Protection Agency is coming to a head because the agency delayed issuing the 2022 Renewable Volume Obligation (RVO). This document was expected to propel the bioethanol market by elevating the standards for the biofuel percentage used in blends with traditional gasoline and diesel.

In 2024, the price for ethanol fuel sales in Colombia averaged ***** thousand Colombian pesos per gallon, the highest price reported during the period in consideration. That year, figures more than doubled the record low average price recorded in 2019, at some **** thousand Colombian pesos per gallon. In most Colombian departments, ethanol fuel is to be added to commercialized gasoline at a minimum mandated blend of six percent.

Graph and download economic data for Producer Price Index by Industry: Ethyl Alcohol Manufacturing (PCU325193325193) from Dec 2003 to Aug 2025 about alcohol, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Ethanol Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

This paper examines the relationship between corn prices and hog prices in the United States using monthly time-series data in a two-stage least squares regression. Ethanol production and various types of genetically modified corn seed research and development are used as instrumental variables for corn prices to account for endogeneity in the model, by removing changes in corn and hog prices that occur due to the reverse-causal relationship between the two commodities. Ethanol production was determined to be the strongest instruments for corn prices. The results indicate that increases in the price of corn increase the price of hog by a smaller, yet still significant magnitude.

The United States is the leading producer of fuel ethanol in the world. In 2024, the U.S. produced an estimated 16.1 billion gallons of the biofuel. The U.S. is also the overall leading biofuel producer in the world. Ethanol is a grain alcohol that can be blended with gasoline and used in regular motor vehicles at a concentration of up to ten percent. Brazil is the world's second-largest producing country, with an output of 8.8 billion gallons that same year. Brazil – the leading biofuel market The most common ethanol fuel production type in Brazil is hydrous ethanol, which is the highest concentration grade of ethanol achieved through distillation. Brazil is one of the largest markets for biofuels worldwide, with specifically designed flexible-fuel vehicles available that run on fuels with a greater ethanol content than regular motor vehicles. As a result, the adoption rate of fuel ethanol has been a lot higher compared with other countries, with flexible-fuel vehicles being the most common type of light vehicles across Brazil. Largest ethanol refiners in the U.S. Poet Biorefining is the largest U.S. ethanol producer by capacity. As of 2024, the South Dakota-based biofuel refiner had an annual production capacity of 2.7 billion gallons. The company was founded in 1986 and boasts over thirty locations largely across the U.S. Midwest.

Ethanol prices in China dropped YoY in Q4 2024. Slight recovery expected in 2025 due to stable demand and rising feedstock costs.

This paper analyzes the relationship between gasoline and ethanol markets. Previous researches emphasize on substitution effect between gasoline and ethanol. However, in Brazil gasoline and ethanol are substitutes and complementary goods. We investigate the substitution and complementarity effects between fuels by using Structural Vector Autoregressions Vector (SVAR). As a result, in the short run gasoline price shock effect in ethanol demand is greater than ethanol price shock. In the long run, however, consumers make the consumption of ethanol grow. Furthermore, the introduction of flex fuel technology in Brazil did not produce any impact on ethanol price and demand. The crisis has affected positively the biofuel price nevertheless. As an implication, due to gasoline price shock the sucroalcohol sector must guarantee the ethanol domestic supply in the long run.

Corn Based Ethanol Fuel Market Outlook

The global corn based ethanol fuel market size was estimated to be $XX billion in 2023 and is forecasted to reach $XX billion by 2032, growing at a compound annual growth rate (CAGR) of XX% during the forecast period. The market growth is primarily driven by the increasing demand for renewable energy sources and government mandates on blending ethanol with gasoline to reduce greenhouse gas emissions and dependence on fossil fuels.

One of the primary growth factors of the corn based ethanol fuel market is the increasing environmental awareness and the need to curb carbon emissions. Ethanol, being a renewable source of energy, contributes to lower carbon emissions when compared to traditional fossil fuels. This has led to various governments implementing policies and incentives to promote the use of ethanol. Additionally, the agriculture sector's vast production capacity of corn provides a stable supply of the raw material needed for ethanol production, bolstering market growth.

Technological advancements in production processes are another significant driver for market growth. Innovations such as enzyme technologies and genetically modified crops that yield higher ethanol output per acre of corn have made the production process more efficient and cost-effective. This has significantly reduced the overall cost of ethanol production, making it more competitive with conventional fuels. Furthermore, the development of advanced fermentation techniques and distillation processes has enhanced the quality and efficiency of ethanol production, encouraging its adoption across various industries.

The rising focus on energy security is also a crucial factor contributing to the market's expansion. Countries are increasingly looking to diversify their energy portfolios to reduce reliance on oil imports. Corn based ethanol fuel offers a domestically produced alternative that can help achieve this goal. The volatility of oil prices and geopolitical tensions further underscore the importance of developing a stable and renewable energy source like ethanol, which can be produced locally in many agricultural regions.

Regionally, North America holds a significant share of the corn based ethanol fuel market, driven by the United States' leadership in ethanol production. The U.S. has long been a front-runner in implementing biofuel policies, and the Renewable Fuel Standard (RFS) program mandates substantial ethanol blending in fuels. In contrast, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by increasing industrialization, urbanization, and government initiatives promoting biofuels in countries like China and India.

Production Process Analysis

The production process of corn based ethanol fuel is primarily segmented into dry milling and wet milling. Dry milling is the most commonly used process for ethanol production, accounting for a significant share of the market. In this process, the corn kernel is ground into a fine powder, and the starch is converted into ethanol through fermentation. The simplicity and cost-effectiveness of the dry milling process make it a popular choice among ethanol producers. Additionally, advancements in dry milling technologies have improved the yield and efficiency of ethanol production, further boosting its adoption.

Wet milling, although less prevalent than dry milling, plays a critical role in the production of corn based ethanol fuel. In this process, the corn kernel is soaked in water and then separated into its various components, including starch, fiber, and germ. The starch is then fermented to produce ethanol. Wet milling allows for the co-production of valuable by-products such as corn oil, gluten feed, and gluten meal, which can be sold to offset production costs. This makes wet milling an attractive option for producers looking to maximize their profitability through multiple revenue streams.

Technological advancements have also impacted the wet milling process, making it more efficient and cost-effective. Innovations in enzyme technologies and fermentation processes have increased the ethanol yield from wet milling, making it a more viable option for large-scale production. Additionally, the ability to produce high-quality by-products has attracted significant investments in wet milling facilities, further driving market growth.

Another critical factor influencing the production process segment is the availability of raw materials. The abundance of c