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Daily News / Market Analysis / Statistics / Wood pellets / Global / Russia
October 19, 2016

Top 10 wood pellet producers in Russia and current market developments

Top 10 wood pellet producers in Russia and current market developments

Wood pellet production and exports started to grow in Russia. While Russia’s wood pellet production is relatively young, it accounts for a 6 percent share of world wood pellet exports. Russia ranks 8th in the world for total wood pellet production, with 3 percent of total world wood pellet production.

According to FAOSTAT, production of wood pellets in Russia is forecast to increase significantly by 4 MMT by 2020, and 8 MMT by 2025. However, the Russian Ministry of Energy forecasts that production will increase at a lower pace, between 10 and 15 percent annually. The growing interest from the European Union for biofuels, particularly wood pellets, will continue to be a major incentive for Russia to increase production of wood pellets,

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