{"id":77399,"date":"2019-05-08T13:01:37","date_gmt":"2019-05-08T13:01:37","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/wood-pellets-global-trade-raises-21-us-canada-vietnam-major-suppliers\/"},"modified":"2025-09-19T08:50:41","modified_gmt":"2025-09-19T08:50:41","slug":"wood-pellets-global-trade-raises-21-us-canada-vietnam-major-suppliers","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/wood-pellets-global-trade-raises-21-us-canada-vietnam-major-suppliers\/","title":{"rendered":"Wood pellets global trade raises by 21%, with US, Canada, Vietnam as major suppliers"},"content":{"rendered":"

Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of 22.3 million tons was shipped. The five major pellet exporting countries (the US, Canada, Vietnam, Latvia, and Russia) have remained the top exporters for over five years. They accounted for about 69% of the world\u2019s export volume in 2018.<\/strong><\/em><\/p>\n

Following the \u201cbig five\u201d in 2018 were Estonia, Austria, Malaysia, Denmark and Germany, in descending order. Pellet production in the US South continued at record pace in, driven by a European move away from fossil fuels and towards renewable energy. From the 1Q\/18 to the 4Q\/18, exports from the region were up almost 50%, further manifesting US\u2019s role as the world\u2019s largest producer and exporter of wood pellets. The United States ships practically all its pellets to three countries: the United Kingdom, Belgium and Denmark. Only a small share of the pellet production in the US is consumed domestically.<\/p>\n

Demand for imported pellets in Japan and South Korea continued a three-year growth trend in the 4Q\/18 when import volumes reached new record highs of 339,000 tons and 993,000 tons, respectively. In 2018, the total annual import volume for the two countries was just over 4.5 million tons, more than doubling in just two years. With the increased trade, prices for pellets landed in both Japan and South Korea have moved upward over the past three years.<\/p>\n

In the 4Q\/18, the price for pellets imported to Japan averaged $182\/ton, up almost six percent from the 4Q\/17. Pellet import prices to South Korea, which were nominally lower than those in Japan, rose almost 25 percent during the same period. The lower average cost for South Korea can be explained by that country\u2019s reliance on pellets from low-cost countries in nearby Vietnam and Malaysia. This is unlike Japan, whose major pellet supplier is British Columbia, a more expensive producer of high-quality FSC and SFI certified pellets.<\/p>","protected":false},"excerpt":{"rendered":"

Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of 22.3 million tons was shipped. The five major pellet exporting countries (the US, Canada, Vietnam, Latvia, and Russia) have remained the top exporters … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[3350,3562,3283],"class_list":["post-77399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-global","tag-trade","tag-wood-pellets","topic-wood-energy","area-asia-middle-east","area-china","area-europe","area-north-america","area-russia"],"acf":[],"yoast_head":"\nWood pellets global trade raises by 21%, with US, Canada, Vietnam as major suppliers<\/title>\n<meta name=\"description\" content=\"Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of 22.3 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