Demand for pellets expected to grow in Denmark
The government of Denmark has filed a report on its domestic wood pellet market with the USDA Foreign Agricultural Service’s Global Agricultural Network, forecasting that pellet imports will increase substantially through the end of the decade. According to the report, Denmark is already the world’s largest wood pellet importer, with imports of 2 million metric tons in 2012. By 2020, imports are expected to increase to 3 million metric tons.
Denmark currently imports most of its pellets from the Baltic region, with 960,000 metric tons imported from the Baltics in 2012. The country also imported 348,000 metric tons from Russia in 2012. Imports from the U.S. were marginal that year, equating to only 38,000 metric tons.
Moving forward, sustainability will be a key factor in determining which exporting countries benefit from growing demand. According to the report, the Danish government is analyzing the sustainability of biomass supplies, and the results of its study are expected to be released soon. The analysis is expected to form the basis for future policy and funding initiatives.