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U.S. - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

U.S. - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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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).

Source: IndexBox Market Intelligence Platform

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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