Report Update Mar 1, 2025

Ireland - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ireland: Wood Pellets Market 2025

Wood Pellets Market Size in Ireland

In 2022, the Irish wood pellets market was finally on the rise to reach $X after two years of decline. In general, consumption recorded noticeable growth. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Wood Pellets Production in Ireland

In value terms, wood pellets production shrank to $X in 2022 estimated in export price. Overall, production posted a measured expansion. The pace of growth was the most pronounced in 2014 with an increase of 434%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports from Ireland

In 2022, overseas shipments of wood pellets decreased by 0% to X tons, falling for the fourth consecutive year after seven years of growth. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 337%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, wood pellets exports stood at $X in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 456%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for wood pellets exports from Ireland, with a 88% share of total exports. Moreover, wood pellets exports to the UK exceeded the volume sent to the second major destination, Denmark (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +47.9%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +50.7%.

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price continues to indicate mild growth. The pace of growth was the most pronounced in 2014 an increase of 434%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.9%).

Wood Pellets Imports

Imports into Ireland

In 2022, purchases abroad of wood pellets decreased by 0% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports showed a pronounced increase. The pace of growth was the most pronounced in 2016 with an increase of 148%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, wood pellets imports stood at $X in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 105% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Russia (X tons) constituted the largest wood pellets supplier to Ireland, accounting for a 62% share of total imports. Moreover, wood pellets imports from Russia exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +176.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+9.6% per year) and the UK (-14.6% per year).

In value terms, Russia ($X) constituted the largest supplier of wood pellets to Ireland, comprising 54% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by Canada, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +205.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-3.0% per year) and Canada (0.0% per year).

Import Prices by Country

In 2022, the average wood pellets import price amounted to $X per ton, remaining constant against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The UK constituted the country with the largest volume of wood pellets consumption, accounting for 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, Italy, threefold. The Netherlands ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of wood pellets in the world?

United States remains the largest wood pellets producing country worldwide, comprising approx. 19% of total volume. Moreover, wood pellets production in United States exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Viet Nam, with a 7.4% share.

What are the leading suppliers of wood pellets to Ireland?

In value terms, Russia constituted the largest supplier of wood pellets to Ireland, comprising 62% of total imports. The second position in the ranking was occupied by the UK, with a 15% share of total imports. It was followed by Portugal, with a 14% share.

What are the leading importers of wood pellets from Ireland?

In value terms, the UK remains the key foreign market for wood pellets exports from Ireland.

What is the average export price for wood pellets in Ireland?

The average wood pellets export price stood at $299 per ton in 2020, with an increase of 71% against the previous year.

What is the average import price for wood pellets in Ireland?

In 2020, the average wood pellets import price amounted to $178 per ton, increasing by 6.7% against the previous year.

This report provides an in-depth analysis of the wood pellets market in Ireland. 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:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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