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The dynamics of the global wood pellet markets and trade – key regions, developments and impact factors
Author(s) -
Thrän Daniela,
Schaubach Kay,
Peetz David,
Junginger Martin,
MaiMoulin Thuy,
Schipfer Fabian,
Olsson Olle,
Lamers Patrick
Publication year - 2018
Publication title -
biofuels, bioproducts and biorefining
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.931
H-Index - 83
eISSN - 1932-1031
pISSN - 1932-104X
DOI - 10.1002/bbb.1910
Subject(s) - sustainability , pellet , biorefining , certification , bioproducts , production (economics) , biofuel , consumption (sociology) , economics , business , agricultural economics , international trade , biorefinery , engineering , macroeconomics , ecology , social science , materials science , management , sociology , composite material , biology , waste management
The global pellet market is growing but with different characteristics in different countries and regions. In this paper we trace developments between 2008 and 2016. For 2008, production was reported at 9.8 Tg, expanding globally to 14.3 Tg in 2010 and surpassing 26 Tg in 2015. Global hot spots are North America (production) and Europe (consumption). Sustainability certification was applied for about 9 Tg in 2016. Nevertheless, projections for future development are difficult as low pellet prices and uncertain sustainability obligations may hinder further expansion. In general, there is a strong dependency of the pellet market on the policy framework. © 2018 The Authors. Biofuels, Bioproducts, and Biorefining published by Society of Chemical Industry and John Wiley & Sons, Ltd.