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U.S. - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Jul 14, 2022
Wood Pellets Price per Ton May 2022
U.S. Wood Pellet Price per Ton May 2022
The wood pellet price per ton stood at $178 (FOB, US) in May 2022, shrinking by -19.4% against the previous month. In general, export price indicated a notable expansion from Jan 2022 to May 2022: its price increased at an average monthly rate of +3.2% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, wood pellets export price increased by +35.2% against Feb 2022 indices. The most prominent rate of growth was recorded in Apr 2022 an increase of 39% month-to-month. As a result, the export price attained the peak level of $221 per ton, and then shrank remarkably in the following month.
Average prices varied somewhat for the major external markets. In May 2022, the highest price was recorded for prices to the UK ($195 per ton) and Denmark ($170 per ton), while the average price for exports to Belgium ($155 per ton) and the Netherlands ($157 per ton) were amongst the lowest.
From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Wood Pellet Exports
Wood pellets exports from the United States was estimated at 741K tons in May 2022, growing by 12% on the previous month's figure. The total export volume increased at an average monthly rate of +3.1% from Jan 2022 to May 2022; the trend pattern remained consistent, with only minor fluctuations in certain months. The most prominent rate of growth was recorded in Mar 2022 when exports increased by 27% against the previous month. As a result, the exports attained the peak of 801K tons. From Apr 2022 to May 2022, the growth of the exports remained at a lower figure.
In value terms, wood pellets exports reduced to $132M (IndexBox estimates) in May 2022. Overall, total exports indicated buoyant growth from Jan 2022 to May 2022: its value increased at an average monthly rate of +3.1% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, exports increased by +59.3% against Feb 2022 indices. The growth pace was the most rapid in Mar 2022 when exports increased by 54% m-o-m. Over the period under review, the exports hit record highs at $145M in Apr 2022; however, from May 2022 to May 2022, the exports remained at a lower figure.
U.S. Wood Pellet Exports by Country
The UK (359K tons) was the main destination for wood pellets exports from the United States, accounting for a 48% share of total exports. Moreover, wood pellets exports to the UK exceeded the volume sent to the second major destination, Belgium (129K tons), threefold. The Netherlands (126K tons) ranked third in terms of total exports with a 17% share.
From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume to the UK totaled -5.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+27.8% per month) and the Netherlands (+8.5% per month).
In value terms, the UK ($70M) remains the key foreign market for wood pellets exports from the United States, comprising 53% of total exports. The second position in the ranking was occupied by Belgium ($20M), with a 15% share of total exports. It was followed by the Netherlands, with a 15% share.
From Jan 2022 to May 2022, the average monthly rate of growth in terms of value to the UK totaled -1.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+43.5% per month) and the Netherlands (+14.4% per month).
This report provides an in-depth analysis of the wood pellets market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• FCL 1693 - Wood pellets
Country coverage:
• United States
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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