From ForestIndustry.com
Exports of wood pellets from North America to Europe reached a record
of over two million tons in 2011, according to analysis reported in the
North American Wood Fiber Review. Canada has long been the main
exporter of pellets but in the second half of 2011, the US caught up and
exported an equal volume to Canada.
Shipments have increased practically every quarter for four years, up from 130,000 tons in the 1Q/08 to almost 600,000 ton in the 4Q/12, according to the North American Wood Fiber Review (NAWFR). Export data collected by NAWFR (www.woodprices.com)
from exporters and customs information in both North America and Europe
show that wood pellet shipments reached just over two million tons in
2011, up almost 300% from 2008.
Pellet producers in British Columbia have been the major exporters
since the first shipments 12 years ago but this changed in the second
half of 2011 when expanded investments in new capacity in the US South
put US shipments on par with Canada.
Read the full article here.
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