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October 28, 2019

Main trends of the global wood pellets market in the next decade

Main trends of the global wood pellets market in the next decade

Western Europe has long been the world’s largest market for wood pellets used in heat and power production. But Asian industrial demand, driven by Japan and South Korea, is set to average 18 percent annual growth for the next decade. This geographic shift in demand growth will reshape the flow of exports from top producers Canada and the United States (US).

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