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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Price analysis and info / Statistics / Wood pellets / Wood Products / Global / Russia
February 25, 2021

Current trends in Russia’s wood pellet market and overview of pellet prices evolution

Current trends in Russia’s wood pellet market and overview of pellet prices evolution
  • About 3 million tons of wood pellets were produced in Russia in 2020. The output growth was about 23% year-over-year, ranking only second to the U.S.
  • In total, production capacity of Russian enterprises increased by 670,000 tons in 2020. Another 850,000 tons of capacity were announced, but not put into operation.
  • Starting from March 2020, wood pellet export prices in Russia were dropping by 5–10 euros ($6-12) per ton every month. By December, the decline totaled almost 40% compared to the beginning of the year.

According to official data,

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