The International Energy Agency (IEA) Bioenergy Task 40 has released its Global Wood Pellet Industry and Trade Study 2017.
The report provides an inventory of the wood pellet industries and markets in more than 30 countries with regard to regulatory frameworks, production capacities, consumption and price trends, trade, logistics and country specific standardisation aspects.
The inventory not only summarises material flows and prices but also provides insights into the heterogeneity of the pellet market development in the different countries, which are driven by different energy supply infrastructures and market setup, as well as the expression of the wood processing industry and national policies for climate emissions reduction and resource exploitation.
According to IEA Bioenergy Task 40 the Global Wood Pellet Industry Market report published in 2011 has “always been the most downloaded document of IEA Bioenergy Task 40. We have decided to update the report and bring new insights on market trends and trade of the global wood pellets”.
The global wood pellet market has increased dramatically since 2011, with an average increase rate of 14 percent per annum. New countries have entered the market for both, pellet production such as those from South-East Europe and pellet consumption such as East Asia.
Also, the global wood pellet trade has increased. Intercontinental flows are dominated by the trade relationship between the US and the UK, while the non-industrial use is still mainly an intra-European business.