Wood pellet market
The global wood pellet market kept growing in the past 15 years, said by Louisa Blair, the research manager of Hawkins Wright. There are 3 factors that influence the wood pellet market.
- The price of conventional fuels, such as coal, oil, propane, and natural gas. If their price rise up, there will be more people choosing wood pellet fuel.
- The temperature in winter. If the winter is warm, there will be less fuel demand for heat supply.
- The countries’ decarburization policy. The penalty on polluting fuels and subsidy to renewable energy will make wood pellets more economical for power plants.
Wood pellet production
Europe remain as the world’s largest wood pellets producer, taking up 51% market share. America is the second and takes up 27%. Canada is the next and takes up 7%.
The largest wood pellet producer in Europe is Germany. The next are Sweden, Latvia, and Austria. In 2014, they respectively produced 2.1 million tons, 1.6 million tons, 1.3 million tons, and 948 thousand tons.
America and Canada is the world’s largest wood pellet exporter. British Columbia is the largest wood pellet production place in Canada. The wood pellets are mainly exported to Europe and Asia.
Wood pellet consumption
EU takes up 80% of the world wood pellet consumption. Europe wood pellet markets are mainly for home heating and power plant.
In England, Belgium, and Netherlands, wood pellets are mainly for power plant. England is the largest wood pellet consumer, owing to the government supply to biomass power plant. In Germany and Italy, wood pellets are mainly for heat supply, because the government lay high tax on gas, oil, and coal.
The second largest wood pellets consumer is North America, taking up 11% of the global wood pellet consumption. Canada’s industrial wood pellet demand will grow driven by the “decarbonization” policy.
Asia will be the major growth drive in around 2020. Korean is the largest wood pellet importer in Asia. Japan’s wood pellet import grows significantly in the past few years.
The world top 10 wood pellet consumer are England, Italy, America, Demark, Germany, Sweden, Korea, Belgium, France, and Austria.
wood pellet market and industries in different areas
Russia is the world’s 8th largest wood pellet manufacturer. It is rich in forestry resources but lack of infrastructure. The building of wood pellet plant in Siberia will drive the high-quality wood pellet production in Russia.
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Vietnam wood pellet export grows continuously owing to low cost, but with the price rise up and the production growth slow down, what the future of Vietnam wood pellet industry.
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UK is the world’s largest wood pellet consumer. It imports wood pellets from Canada and America, mainly for power plats and a small part for residential users. The wood pellet market will keep growth with more power plants converting to wood pellets
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Wood pellets can be sold to farmers, biomass boiler users, and power plants. Try to contact them and salesman. Promote your products online. Improve your product quality and build sales channels.
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Owing to abundant biomass materials like rice waste, palm oil waste, bagasse, Indonesia’s wood pellets production grows rapidly, and exported mainly to Korea, Japan, and China.
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Thailand is a major wood pellet manufacturer in Asia. It has abundant biomass materials. The government has made policies to promote the use of wood pellets.The wood pellets are mainly exported to Korea and Japan.
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Sweden has rich forest resources and biomass materials, its wood pellet fuel industry is developed owing to mature technology, incentive policy, and wide applications.
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Malaysia is rich in biomass resources because there are many oil palm plantation and oil-press plant. Biomass materials can be made into wood pellets and other high value-added products.
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Canada is rich in forestry waste. Wood pellets in Canada is mainly for export to Europe and Asia. The domestic market will enlarge with more power plants converted into biomass-fired.
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Intoduce the bagasse pellet plant in Burdekin, the Plantation Energy Australia, and Altus Renewable in Queensland. Australia wood pellets are mainly for export because the domestic market is limited.
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Analyze the wood pellet production and export in America. Wood pellets consumption for industrial and residential use. The incentive policies and the obstruction they met.
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This article analyzed the wood pellet market in Asia, including Japan, Korean, China, Vietnam, etc. It is influenced by renewable energy policy, biomass power plants and biomass resources.
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