Daily News / Global Trends / Market Analysis / Statistics / Wood pellets / Wood Products / Europe / Global / Russia
July 6, 2022
Will the production of wood pellets be stopped in Russia due to sanctions?
Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this date, EU sanctions will come into effect, limiting the supply of wood products from Russia and Belarus. This is the main market for Russian companies. In 2021 the European Union accounted for 80% of Russian wood pellet exports, supplies amounted to 1.95 million tons and value amounted to $320 million. Exports of wood pellets from Russia to the UK in the first quarter increased by 6%, however, this growth was driven by an exceptionally sharp increase in January (+120 ...
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