EU pellet market unaffected by COVID-19

EU pellet market unaffected by COVID-19
The European Union’s wood pellet market has been relatively unaffected by the COVID-19 pandemic but cautions further market expansion could be limited by member state sustainability requirements.    The EU consumed approximately 29 million metric tons of wood pellets in 2018, making the EU the world’s largest pellet market. The report predicts wood pellet demand will expand to 30.8 million metric tons in 2020.    Residential use of wood pellets for heating accounts for approximately 40 percent of the EU pellet market and is relatively stable when compared to demand ...

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