Global Pellet Demand Outlook

European nations are the largest users of woodfiber biomass pellets – but over the next decade, Asia’s industrial demand will grow, while Europe’s will plateau or even decline. Prepare with this 10-year outlook of pellet demand for heating and industrial use, which also covers top exporters Canada and the US.

Pellets made from woodfiber help power industries and heat buildings worldwide. The 10-year demand outlook is shaped by complex global and regional forces. This study explores nation-specific policy dynamics and other macroeconomic factors that will shape demand, supply, and trade for the next decade.

The Global Pellet Demand Outlook shows you:

  • 2018-2028 forecasts for 16 Asian, European, and North American nations that purchase pellets for heating and industrial uses
  • Detailed national/regional profiles that include, where relevant:
    • Demand outlooks for industrial and heating use
    • Projected coal-to-biomass conversions and new CHP and pellet projects, and their projected consumption
    • Pellet-appliance shipments and stock forecasts in heating markets
    • Energy price forecasts, environmental policy commentary, and trade-related data and analysis
    • Contextual analysis of how each nation fits into overall global trade patterns and biomass/energy market trends

Pellet Demand through 2028: External Volatility Complicates Heating and Industrial Market Forecasts

Pellets made from woodfiber help power industries and heat buildings worldwide. The 10-year demand
outlook is shaped by complex global and regional forces.

Regional DynamicsIndustries in Japan and South Korea are expanding biomass energy production. But actual demand growth forecasts are subject to policy shifts, costs of competing energy sources, and more.

Energy MarketsWeather and oil/gas prices affect the competitiveness of biomass heat in Europe and North America. The Outlook models expected trends and their likely impact on pellet demand for heating use.

The Global Pellet Demand Outlook offers unmatched insight into these and other drivers of the next decade’s biomass markets.

Request more information


What’s happening in the forest products market today?

Get the latest market insights from our team of forest products experts

Both NBSK pulp and BEK pulp prices jumped up in March, with more price hikes announced

This consultation, which is open until May 16, 2024, seeks to ensure that our methodologies continue to reflect the physical graphic paper market, in compliance with the International Organization of Securities Commissions’ (IOSCO) Principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Fastmarkets FOEX […]

The new bleached eucalyptus kraft pulp mill will be the first outside of Chile for Arauco

The European sack kraft paper market continued to warm into the spring as optimism improved, especially among producers, and price increases for both bleached and unbleached sack kraft paper were applied as Q2 got underway. The UK saw increases of £40/tonne on unbleached paper and £40/tonne on bleached paper, the first of what some contacts […]

Paracel’s current 103,000 hectares (ha) of eucalyptus plantations are sufficient for the start-up of the company’s planned new greenfield mill in Paraguay by 2027, chief executive officer Flavio Deganutti confirmed to Fastmarkets in an exclusive interview. Paracel has continued to make progress in its project to build a new 1.8-million-tonne-per-year bleached eucalyptus kraft (BEK) pulp […]

Prices for old corrugated containers (OCC) in Mexico were unchanged in April, with imported grades remaining stable month over month for the first time this year, Fastmarkets has learned. Prices for imported OCC held at $120-130 per ton. The firm pricing follows $10-per-ton increases in March and January as well as a $15-per-ton rise in February. […]

Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]

Fastmarkets has collected feedback from the industry on pricing methodologies for Random Lengths and Random Lengths International as part of its annual methodology review.

In this open consultation, Fastmarkets FOEX proposed to add the 5-digit grade codes according to the EN 643 ‘European List of Standard Grades of Paper and Board for Recycling’ to its methodology document. The feedback received was fully supportive to this. This is not considered as a material change. A newly dated methodology document, including […]

The Pulp and Paper Products Council (PPPC) reported on Wednesday that global chemical market pulp producer inventories increased to 42 days-of-supply in February, rising one day-of-supply vs a revised January result. Global shipments rose 12.8% year-over-year to 4.509 million tonnes. February producer stockpiles closed at the 42-day mark with a one-day increase vs January, but […]