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Wood Pellet Business

Wood pellet business in Sweden

Agriculture and forestry waste biomass pellet fuel applications are getting much more attention at home and abroad. In 2001, Sweden's pellet fuel production was 70 million Euros, up 15 percent. The demand for biomass pellet fuel is growing rapidly, which has led to the increasing sophistication of wood pellet business. Data published last month by the United Nations' Food and Agriculture Organization indicate that worldwide wood pellet production in 2013 swelled by 12 percent, year over year, reaching 25 million short tons — with nearly 60 percent of that volume traded internationally.
The successful introduction of wood pellet fuel processing equipment, global economic integration, and the expansion of biomass production applications, Which has led to the development of wood pellet business in domestic and developing countries. Asia except Japan, Thailand, India, the Philippines and other countries in the late 80s has carried out a wood pellet machine and molding process research and the formation of industrial production.

 wood pellet business

Wood pellet business in Finland

Finland is one of the leading countries in the EU in terms of bio energy and wood pellet business. Wood pellet production volumes in the country have increased steadily during the last decades. In 2012, Finland was in third place in the EU as regards renewable energy share in total energy consumption with a 34.3% share, after Sweden and Latvia with 51.0% and 35.8%, respectively. The country has a target to reach a 38% share of  renewable energy of final energy consumption by 2020.
In the industrialized world, wood pellets are the most popular biofuel commodity product. A large number of countries are building new wood pellet-fired heating plants and conversing existing thermal power stations for co-firing wood pellets; thus demand for pellets is growing. Europe is the main wood pellet consuming region on the global market. In the  EU-27, wood pellet consumption was 9 million tons in 2009. This figure grew to 11.4 million tons in 2010 and increased to 13 million tons in 2012. Wood pellet consumption will grow to as much as 25 or even 29 million metric tons by 2020.

Wood pellet business in Russia

The Russian wood pellet business has expanded rapidly in the last decade. The first Russian pellet production plant was built in 2003 and within ten years, Russia has become an important exporter of pellets, mainly to the Nordic and Baltic area.

Wood pellet business in China

In China, the wood pellet business is currently in the industry's emerging stage, the development prospects are broad. In order to accelerate the development of wood pellet and the speed of application, the state in these business have given the right of the tilt and support, wood pellet forming fuel equipment is currently included in the field of agricultural equipment, enjoy the agricultural subsidies to the countryside.

Wood pellet business in the world

In many countries, internal wood pellet production are insufficient to meet the energy needs of the country, and a key aspect of the wood pellet business has thus become the international trade in pellets. In 2006, the production of wood pellets was estimated at between 6 and7 million tons worldwide. In 2012, global wood pellet production had roughly tripled and reached 18.5 million tons , while the global capacity for wood pellets was estimated to be 28 million tons in 2010, which means that the industry has significant potential for development. Due to past and expected future EU demand and industrial developments in the wood pellet business, wood pellets have become the largest single commodity stream in the wood manufacturing business and an important item in international trade.
There is a growing demand for wood pellet business on a global scale. And the production of pelletizing raw materials is sufficient, which means that the investment in the wood pellet business you will harvest the wealth. If you have any questions about investing in the wood pellet business, please feel free to contact us.
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