Press Release – For Immediate Release
Seattle, USA.
March, 2009
Increase in Demand for Wood Pellets Pushed Prices Upward in Europe in the
4Q/08, reports WRQ.
Wood pellet prices in Europe has trended upward the past six years reaching record
levels in the...
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Press Release – For Immediate Release
Seattle, USA.
March, 2009
Increase in Demand for Wood Pellets Pushed Prices Upward in Europe in the
4Q/08, reports WRQ.
Wood pellet prices in Europe has trended upward the past six years reaching record
levels in the 4Q/08 as demand stays strong, reports WRQ.
Europe is currently both the largest producer and consumer of wood pellets in the world.
Consumption in 2008 was estimated to be over eight million tons, with Sweden,
Denmark, the Netherlands, Belgium and Italy being the largest consumers on the
continent.
Sweden is the largest producer and consumer of wood pellets in the world with
a total production of about 1.
7 million tons in 2008.
The country also imported about
400,000 tons last year to meet the total domestic demand of 2.
1 million tons from both
power plants and households.
There are currently over 450 pellet-producing plants in Europe, with many new projects
planned over the next five years.
Several investments are being dela
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