FAO begins reporting pellet data
The Food and Agriculture Organization of the United Nations is now tracking international trade statistics for pellets. The FAO’s “2012 Global Forest Products Facts and Figures” report, published in late 2013, is the first to include pellet data. First proposed in 2008, the specific code for wood pellets has been added to the harmonized system for international trade statistics, with 2012 being the first year in use. According to the FAO, the addition of the code will allow wood pellet data to be clearly and precisely recorded in international trade statistics.
The FAO reports that wood pellet production has increased dramatically in recent years, mainly due to demand in Europe. In 2012, global pellet production was 19 million metric tons, with 9.3 million metric tons being traded internationally. Europe accounted for 66 percent of production and North America accounted for 31 percent. Europe and North America were also the largest consumers of pellets, with a respective 80 percent and 17 percent of global consumption.