The dynamics of the global wood pellet markets and trade – key regions, developments and impact factors
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Publication date
2019-03
Authors
Thrän, Daniela
Schaubach, Kay
Peetz, David
Junginger, Martin
Mai-Moulin, Thuy
Schipfer, Fabian
Olsson, Olle
Lamers, Patrick
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Document Type
Article
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Abstract
The global pellet market is growing but with different characteristics in different countries and regions. In this paper we trace developments between 2008 and 2016. For 2008, production was reported at 9.8 Tg, expanding globally to 14.3 Tg in 2010 and surpassing 26 Tg in 2015. Global hot spots are North America (production) and Europe (consumption). Sustainability certification was applied for about 9 Tg in 2016. Nevertheless, projections for future development are difficult as low pellet prices and uncertain sustainability obligations may hinder further expansion. In general, there is a strong dependency of the pellet market on the policy framework.
Keywords
market implementation, trade, markets, prices, standards, wood pellets, Bioengineering, Renewable Energy, Sustainability and the Environment, SDG 7 - Affordable and Clean Energy
Citation
Thrän, D, Schaubach, K, Peetz, D, Junginger, M, Mai-Moulin, T, Schipfer, F, Olsson, O & Lamers, P 2019, 'The dynamics of the global wood pellet markets and trade – key regions, developments and impact factors', Biofuels, Bioproducts and Biorefining, vol. 13, no. 2, pp. 267-280. https://doi.org/10.1002/bbb.1910