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Global Timber and Wood Products Market Update

26-04-14

Wood pellet exports from North America to Europe have doubled

26-04-14

Wood pellet exports from North America to Europe have doubled intwo years to reach 4.7 million tons in 2013 with the US South accountingfor 63% of the volume, according to the North American Wood FiberReview

 

North America exported wood pellets valued at over 650 million dollars in 2013, a dramatic increase of more than 250 percent in just two years, according to data compiled by the North American Wood Fiber Review. The US South shipped almost three million tons last year, which was almost two-thirds of total export volume from North America.

 

With no slowdown in sight, North American wood pellet exporting companies keep building new facilities to manufacture pellets for the European market.Export volumes hit a new record high in the 4Q/13 and the total shipments for 2013 wereup almost 50% from the previous year and more than double that in 2011. The total value of wood pellet exports reached over 650 million dollars last year.

 

A rapid expansion of pellet production capacity in the US South during 2012 and 2013 has resulted in a tripling of pellet production in the region in just two years. The expansion, which is entirely driven by demand for biomass in Europe, has increasedpellet exports from 800,000 tons in 2011 to 2.9 million tons in 2013 according to data compiled by WRI and reported in the North American Wood Fiber Review (Note. WRIdata is partly based on an industry survey since customs data on both sides of theAtlantic are not always reliable).

 

Many of the recent investments in pellet capacity in the US South have occurred along the Atlantic coast, with Enviva and Fram Renewables expanding production in the states of Georgia, North Carolina and Virginia.The expansion in Canadian pellet export has been less dramatic than that of the US, but 2013 volumes were still over 50% higher than in 2011, with British Columbia shipping amajority of the volu