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

Brazilian printing and writing paper demand has been suffering with the rise of the shift-to-digital trend, along with the retail crisis and increased competition. Fastmarkets economist, Rafael Barisauskas, explains the upside and downside risks ahead for this market

Both German sorted mixed papers and board and German corrugated paper and board saw an uptick in prices

The linerboarprice drops are a result of discount deals emerging in the North American linerboard market

Given the recent mill curtailments some hardwood producers are thinking creatively in order to stay productive

Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family

Fastmarkets is inviting feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.

Overseas hardwood trade has seen a global-wide downward trend, in addition to reduced domestic demand in the US

Mixed signals from the domestic containerboard markets in the Middle Eastern Gulf Cooperation Council (GCC) countries as price drops and increases were both reported

This consultation, which is open until December 21, 2023, seeks to ensure that our proposal is handled 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 welcomes your comments and opinion (support/not […]

The rotogravure printing market in Europe has seen large-scale consolidation activities in the last five years with more customers turning away from print to digital