Ethanol Reports
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Publication date:
August
27,
2007
Synopsis
Between 2001 and 2007, U.S. fuel ethanol production capacity grew 220% from 1.9 billion to 6.1 billion gallons. Much of this growth was made possible by government regulation and legislation that actively supports the ethanol industry by creating mandatory ethanol demand and financially attractive investment opportunities in ethanol production capacity. The market is becoming mature with an increasing number of IPO’s, M&A activity and large R&D investments. Although the U.S. have become the largest fuel ethanol producer in the world, specific market characteristics such as the geographic distribution of production versus consumption, the lack of infrastructural development for fuel ethanol distribution and transportation, types of ownership and the limited production capacity of corn, will all have a significant impact on future development. This ethanol market report was written for professionals in the industry, to provide a clear understanding of the most important characteristics of the U.S. ethanol market.
Key Features
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Comparable data to easily identify trends and developments in the U.S. ethanol market
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Ethanol Production capacity by state, PADD and company (market top 10)
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Ethanol imports by country of origin and importing company
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Ethanol production costs break-down and Ethanol price sensitivity
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Ethanol consumption by market use
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Annual Flex-Fuel Vehicles market shares
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Reasons to buy this Report:
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It is the most economical and time-efficient way of assessing the United States ethanol market.
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Clearly presented, accurate and comprehensive statistics up to 2006 and 2007 from a source you can trust.
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Data transformation service:
Data transformation is a unique services that is only provided by Ethanol Statistics.
It allows every person and organization that has purchased a report from Ethanol
Statistics to request a change in the level of analyses in which the tables and
figures in that specific report are broken down. If for instance, one of our country
reports breaks down production capacity by state, but you prefer it by region, we
will provide that data, if available, free of charge.
The only requirements are that you have purchased the report for which you request
data transformation and that the data requested is available at Ethanol Statistics.
For data transformation requests, please email to
reports@ethanolstatistics.com
Level of Analysis:
Country, Petroleum Administration for Defence District (PADD) and State level.
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Background
In 2005 the United States became the largest fuel ethanol producer in the world,
surpassing the most developed ethanol nation, Brazil. Together they now account
for 69% of global ethanol production. After hurricane Katrina and increasing tensions
in the Middle-East, oil prices spiked to $70/barrel and the United States became
increasingly aware of their economy’s dependence on oil, or as George W. Bush called
it: “America’s addiction to oil”. Ethanol is now seen as one of the primary means
to reduce oil imports and eventually to follow the Brazilian example, which became
energy independent in 2006. Well placed subsidies, multi-stage import tariffs and
mandatory blending programs are currently providing the basis for robust market
development. Enormous investments are made every day by both governments and companies,
new expansions are announced every month and the media attention is enormous. The
U.S. fuel ethanol industry is booming and investors, producers, managers and academics,
both foreign and domestic, are looking with great interest to current developments.
Reliable and comprehensive information is however hard to find and spread out over
several dozens of reports, using different methodologies and reported in different
units.
Goal of this Report
This report was written to provide professionals with a comprehensive overview of
the United States fuel ethanol market in all it’s aspects, including production,
consumption, legislation, international trade and key conditions for market development.
Unlike most reports, it provides exact and consistent statistics over a period of
several years, perfectly suitable for business planning, calculations and academic
studies. It will save valuable time for those in need of reliable and comprehensive
information to make business decisions and analyses.
Report Structure
After the introduction, chapter 2 will provide a clear synopsis of federal and state
legislations, as together they form the basis for the robust development seen today
in the United States ethanol market. Chapter 3 focuses on the historic development
of U.S. ethanol production capacity, quantifying the impact of the legislation described
in Chapter 2. In addition it provides an overview of the supply market characteristics
such as the geographic distribution, after which the economics of U.S. ethanol production
are discussed. Chapter 4 contains an analysis of the U.S. ethanol consumption, explaining
the key conditions for market development after which the price elasticity of ethanol
and E85 is discussed. Finally, chapter 5 provides more insight in the role of imports
and international trade, breaking down imports by country of origin and importing
company.
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Executive Summary
1. Introduction
2. Regulations and Legislative Actions
2.1 Reformulated Gasoline (RFG) Program
2.2 Wintertime Oxygenated Gasoline Program
2.3 Volumetric Ethanol Excise Tax Credit (VEETC)
2.4 Small Ethanol Producer Tax Credit (SEPTC)
2.5 Renewable Fuels Standard (RFS)
2.6 Tax Exemptions
2.7 State Level Actions
2.8 Minnesota Ethanol Program
3. U.S. Fuel Ethanol Production
3.1 Historic Development U.S. Ethanol Production Capacity
3.2 Supply Market Characteristics
3.2.1 U.S. Ethanol Feedstock
3.2.2 Processing Technology
3.2.3 Geographic Distribution of Production
3.2.4 Ethanol Producers and Marketers
3.3 The Economics Of U.S. Ethanol
3.3.1 Cost of Production
3.3.2. Ethanol Price Sensitivity
4. U.S. Fuel Ethanol Consumption
4.1 Historical Development of U.S. Ethanol Consumption
4.2 Key Conditions for Market Development
4.2.1 Flex Fuel Vehicles Availability and Market Share
4.2.2 E85 Infrastructure
4.3 Pricing: Ethanol Market Mechanisms
5. U.S. Ethanol International Trade
5.1 Import Tariffs And Regulations
5.1.1 2.5% Ad Valorem Tariff and The Secondary Tariff
5.1.2 The Caribbean Basin Initiative
5.2 U.S. Ethanol Imports
5.2.1 U.S. Imports By Country of Origin
5.2.2 U.S. Imports By Importing Company
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List of Tables by Chapter
Table 2.1 State Motor Fuel Taxes, 2006
Table 2.2 U.S. State Level Actions to Support the Ethanol Market, June 2007
Table 3.1 U.S. Ethanol Production Capacity Online and Under Construction, 2001-2007
Table 3.2 U.S. Ethanol Production by Feedstock, 2006
Table 3.3 U.S. Corn Acreage, Yield and Production, 1980-2007
Table 3.4 Estimated Corn Production in the United States, 2007
Table 3.5 U.S. Ethanol Production by Processing Technology, 2006
Table 3.6 U.S. Wet Mill Plants and Companies, 2006
Table 3.7 U.S. Ethanol Production by PADD, 2006
Table 3.8 Other Potential U.S. Ethanol Production Capacity, 2006
Table 3.9 U.S. Ethanol Production Ranked by State Capacity, 2007
Table 3.10 U.S. Ethanol Production by Plant Ownership, 2007
Table 3.11 Top 10 U.S. Ethanol Producers, Market Shares in June 2007
Table 3.12 Top 8 U.S. Ethanol Marketers, 2006
Table 3.13 Net Feedstock Cost per Gallon of Ethanol, 2003-2005 Average
Table 3.14 U.S. Ethanol Cash Operating Expenses and Net Feedstock Costs, 2005
Table 3.15 Energy and Feedstock Price Sensitivity (in 2004 $)
Tabel 4.1 U.S. Ethanol Consumption, 2001-2006
Tabel 4.2 U.S. Ethanol Consumption by Market Use, 2001-2006
Tabel 4.3 FFV, # of Types Made Available Between 2000 and 2007 by Manufacturer
Tabel 4.4 Flex Fuel Vehicles Using Exclusively E85 Fuel, 2000-2005
Tabel 4.5 Number of Fuel Stations that Provide Alternative Fuels, Ranked by E85,
2007
Table 5.1 U.S. Imports by Country or Region of Origin, 2000-2006
Table 5.2 U.S. Import Regions Broken Down by Country, 2006
Table 5.3 U.S. Ethanol Imports by Company, 2004-2006
List of Figures By Chapter
Figure 3.1 Historic Development of the U.S. Ethanol Production Capacity, 1980-2007
Figure 3.2 Number of Existing Plants vs. Plants Under Construction, 1999-2007
Figure 3.3 U.S. Corn Production, 1936-2006
Figure 3.4 U.S. Corn Used for Ethanol Production, 1986-2006
Figure 3.5 U.S. Corn Exports, 1991-2006
Figure 3.6 U.S. Corn Ending Stocks, 1936-2006
Figure 3.7 U.S. Corn Prices, 1956-2006
Figure 3.8 U.S. Ethanol Production Plant Locations, 2007
Figure 4.1 U.S. Wholesale Gasoline Price vs. Wholesale Ethanol Price, 1997-2006
Figure 4.2 U.S. Retail Gasoline Price vs. Retail E85 Price, 1997-2006
Figure 4.3 U.S. Ratio of Retail Gasoline to E85 Price vs. E85 Volume, 1997-2006
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Number of pages
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37
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Language
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English
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Format availability
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+
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PDF 1 user
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€ 395,-
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PDF 1 user + hardcopy
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€ 445,-
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PDF 2-5 users*
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€ 795,-
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PDF 6 > users* + 3 free hardcopies
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€ 1595,-
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* Restricted to your organization
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