US Pellet Exports Tied with Canada's in 2011
Wood Resources International LLC reported this week that wood pellet exports from the U.S. and Canada reached a record high in the fourth quarter of 2011, and attributed it to increasing demand in the U.K.
That’s not surprising. Last week is only one of many that warranted a U.K.-focused blog from me.
What does (pleasantly) surprise me, however, is the part of the report that says the U.S. actually rivaled Canada in the amount exported. “Canada has long been the main exporter of pellets but in the second half of 2011, the U.S. caught up and exported an equal volume…”
Pellet producers in British Columbia have had little competition in the past decade, but new investments in the U.S. South put U.S. shipments on par with Canada, the report says. That industry growth in the South has been loud and hard to miss.
Wood Resources International predicts small increases in pellet export volumes for both the U.S. and Canada in 2012, followed by more significant growth in 2013 when several pellet plants currently under construction begin producing and exporting.
The data collected for our 2012 U.S. & Canada Pellet Mill Map shows more than one-third of pellet mills in the two countries export their products, plan to, or have the capabilities now but just lack the customers.
It’s nice to see proof that the U.S. plays a major role in this industry. We’ve all been talking it about it for a long time.