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World - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 17, 2023

World Best Import Markets for Wood Pellets

World Best Import Markets for Wood Pellets

Wood pellets have emerged as an environmentally friendly alternative to traditional fossil fuels, gaining significant traction in recent years. This sustainable energy source is primarily used for heating, electricity generation, and industrial processes. As a result, several countries have become major import markets for wood pellets, showcasing a growing global demand.

In order to better understand the dynamics of these import markets, it is crucial to analyze the import values of wood pellets in different countries. According to the market intelligence platform, IndexBox, the following countries are the world's top import markets for wood pellets:

  1. United Kingdom - $1.6 billion USD in 2022
  2. Japan - $909.3 million USD in 2022
  3. South Korea - $716.6 million USD in 2022
  4. Italy - $704.6 million USD in 2022
  5. Denmark - $617.0 million USD in 2022
  6. Netherlands - $581.9 million USD in 2022
  7. Belgium - $298.4 million USD in 2022
  8. France - $261.4 million USD in 2022
  9. Germany - $138.3 million USD in 2022
  10. Austria - $109.8 million USD in 2022

These countries demonstrate a significant demand for wood pellets, highlighting their commitment to renewable energy sources and the transition towards a greener future. Let's delve into each of these top import markets to understand their unique characteristics and contributions to the global wood pellet industry.

1. United Kingdom

The United Kingdom leads the world in wood pellet imports, with an import value of $1.6 billion USD in 2022. The country has been investing heavily in renewable energy, including biomass, to reduce its dependency on fossil fuels. Wood pellets serve as an essential fuel source for heating applications and electricity generation.

2. Japan

Japan follows closely behind the United Kingdom with an import value of $909.3 million USD in 2022. The country heavily relies on wood pellets for its growing demand for clean energy. With limited domestic biomass resources, Japan relies on imports to meet its energy needs. Additionally, wood pellets help the country reduce its carbon emissions and meet its renewable energy targets.

3. South Korea

South Korea has become a significant player in the global wood pellet market, importing wood pellets worth $716.6 million USD in 2022. The country's strong commitment to renewable energy and efforts to reduce greenhouse gas emissions drive its demand for wood pellets. South Korea also incentivizes the use of biomass for power generation, further promoting the import of wood pellets.

4. Italy

Italy demonstrates a growing appetite for wood pellets, importing approximately $704.6 million USD worth of wood pellets in 2022. The country relies on wood pellets for both residential heating and electricity generation. With an increasing emphasis on reducing carbon emissions, wood pellets offer a viable solution for Italy's renewable energy goals.

5. Denmark

Denmark showcases a strong commitment to sustainable energy, importing wood pellets worth $617.0 million USD in 2022. The country has been actively transitioning towards renewable energy sources, aiming to achieve carbon neutrality by 2050. Wood pellets play a crucial role in Denmark's energy mix for both residential and industrial purposes.

6. Netherlands

The Netherlands contributes significantly to the global import market for wood pellets, with an import value of $581.9 million USD in 2022. The country has been investing in biomass energy infrastructure and significantly reducing its reliance on fossil fuels. Wood pellets serve as a vital renewable energy source, contributing to the Netherlandssustainability goals.

7. Belgium

Belgium's import value for wood pellets reached $298.4 million USD in 2022, highlighting the country's focus on renewable energy solutions. Wood pellets are integral to Belgium's renewable energy mix, aiding in the reduction of greenhouse gas emissions and fostering a more sustainable energy sector.

8. France

France, known for its strong commitment to environmental sustainability, imports wood pellets worth $261.4 million USD in 2022. The country is transitioning away from fossil fuels and embracing renewable energy sources. Wood pellets are extensively used for heating applications, enabling France to decrease its carbon footprint.

9. Germany

Germany, a leader in renewable energy adoption, imports wood pellets worth $138.3 million USD in 2022. The country heavily relies on biomass energy, including wood pellets, for its heating and electricity needs. With robust supportive policies and an increasing demand for clean energy, Germany continues to be a significant import market for wood pellets.

10. Austria

Austria, renowned for its commitment to renewable energy, imports wood pellets worth $109.8 million USD in 2022. The country actively promotes the use of biomass for heating and electricity generation, reducing fossil fuel consumption. Wood pellets play a pivotal role in Austria's transition to a greener and more sustainable energy landscape.

It is evident that these top import markets are at the forefront of the global wood pellet industry, driving the demand for this renewable energy source. As countries prioritize the reduction of greenhouse gas emissions and transition to sustainable energy, the demand for wood pellets is expected to continue its upward trajectory.

Note: The import values mentioned in this article are based on the data provided by the market intelligence platform, IndexBox.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global wood pellets market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1693 - Wood pellets

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Enviva, Graanul Invest, Drax Biomass, Pinnacle, An Viet Phat, American Wood Fibers, B&B Charcoal Co., Cookshack, Northwoods Smoke of Minnesota, Grilla Grills, Mallard Creek, H. Arnold Wood Turning, Solagen, Quality Box Ltd., Fruita Wood Chunks, Eco Wood Recycling Products, Pacific Bioenergy Corporation, Manke Lumber Co., Granules LG Inc, Confluence Energy, Jim C. Hamer Lumber Co., Easy Heat Wood Pellets, Vulcan Wood Products

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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