Asian Wood Pellet Demand Study
Access the study to uncover wood pellet demand in key areas of growth in the wider Asian region.
Asia is forecast to become a significant wood pellet consumer along with western Europe in the coming years. Access the study to uncover wood pellet demand in key areas of growth in the wider Asian region.
Asia has emerged as a key player in the global industrial pellet market. While Japan and South Korea are the main drivers of demand in the region, there is potential for the use of wood pellets in some other countries. As a result, pellet market dynamics will begin to shift globally.
What is driving the growing wood pellet demand in Asia?
Demand for wood pellets in Asia is primarily for power generation, either for cofiring in thermal power plants or for use in biomass power plants. Demand in Japan and South Korea has grown over the last decade, aided by renewable policies and biomass support programs in these countries.
There are other potential markets in the region as well. Taiwan is converting a coal powered unit to biomass, while Indonesia is pushing towards cofiring biomass at several of its coal plants.
What is included in this study?
- This study details wood pellet demand potential and charts the growth trajectory of demand across key markets in Asia, including Japan, South Korea, Taiwan and more.
- The Asian wood pellet demand study:
- Explores pellet demand in key and potential markets, including Japan, South Korea, Taiwan, Indonesia, Thailand and India
- Provides economic outlooks for the region, with a detailed look at GDP growth and energy prices
- Reviews wood pellet trade in each of the markets
- Analyzes policy developments and implications for demand growth
- 2022-2032 forecast for wood pellet demand in the region
Fill in the form to access the full report.
Request more information
Explore the shift in boxboard trade patterns as new EU regulations redefine market dynamics for Asian exporters with opportunities in Latin America.
After a one-month consultation period, which ended on Wednesday October 8, Fastmarkets has decided to launch the two new containerboard prices to enhance its coverage of the Indonesian market. Indonesia, with Southeast Asia’s biggest economy and a gross domestic product of $1.4 trillion, has thriving e-commerce and export sectors which depend on corrugated packaging. The […]
Fastmarkets is amending its pricing schedule for the following assessments in the fourth quarter of 2025. Southeast Asia RCP – Imports (RCP SEA) The following price assessments are affected: The October 10 assessment has been moved to October 17. The October 24 assessment has been moved to October 31. The November 7 assessment has been […]
Fastmarkets has corrected the date of its Spanish Containerboard prices, which were published incorrectly on Thursday October 2, 2025. The date for the September 2025 prices was incorrectly published as October 1, 2025 due to a reporter error. This has been corrected to September 1, 2025. Fastmarkets’ pricing database has been updated to reflect this […]
Fastmarkets has discontinued its UM Paper-branded Chinese prices from Wednesday October 1, following a strategic decision to close its UM Paper-branded publications which was originally announced in a notice published on July 28.
Learn how Canada is helping its softwood lumber industry with substantial financial support during tough economic times.
Fastmarkets has not changed the methodology for price discovery. Fastmarkets has updated its documentation on price methodologies to incorporate the standardized naming conventions, ensuring clarity and consistency across our forest products publications. Please refer to the link to the tables below for detailed information on the standardized forest product price names as part of this […]
Fastmarkets, a global leader in price reporting and market intelligence, has launched its US wood pallet prices, news and analytics service. This is the first comprehensive solution providing transparent pricing and forecasts for this critical but underserved part of the logistics sector. Wood pallets are the backbone of supply chains. They move goods across industries […]
Delve into the volatility of US kraft paper demand, examining growth trends for bleached versus unbleached kraft papers.
Fastmarkets has corrected its Random Lengths western fir plywood composite price, which was published incorrectly on September 19.