EU’s market for wood pellets has been rising over the last few years. USDA Foreign Agricultural Service’s Global Agricultural Information Network’s report states that almost 50% of the EU’s renewable energy is generated from solid biomass such as wood chips and pellets (but doesn’t include municipal solid waste).
The rise in biomass energy production in EU has already led to an increase in biomass consumption, as the region now consumes approximately 75% of the world’s wood pellets and accounts for about 50% of global production. Wood pellets consumption in 2019 is expected to rise to 30 million metric tons from 27.35 million metric tons of wood pellets last year. The region is expected to witness an increase in wood pellet imports to 12.2 million metric tons this year, up from 10.355 million metric tons in 2018.
At 8 million metric tons of wood pellets consumption, the UK leads the market followed by Italy at 3.75 million metric tons, Denmark at 3.5 million metric tons, Germany at 2.19 million metric tons and Sweden at 1.785 million metric tons. France, Belgium, Austria, Spain, the Netherlands and Poland are the other leading consumers of wood pellets in the EU.
Although the current demand for wood pellets in EU is rising, USDA Foreign Agricultural Service’s Global Agricultural Information Network’s report also warns that sustainability requirements introduced by individual member states can impede future expansions.
EU’s wood pellets consumption and production is further discussed at CMT’s 5th Biomass Trade & Power Europe on 5-6 February, 2020 in Copenhagen.