While Russia’s wood pellet production is relatively young, it accounts for a six percent share of world wood pellet exports. Russia ranks 8th in the world for total wood pellet production, with three percent of total world wood pellet production. According to FAOSTAT, production of wood pellets in Russia is forecast to increase significantly by 5 MMT by 2020, and by 8 MMT by 2025.  However, Russian Ministry of Energy and Industry analysts forecast that production will increase at a slower pace, between 10 and 12 percent annually. Stabilization of world prices for wood pellets in CY ...