Global Wood Pellet Industry and Trade Study 2017
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Global Wood Pellet Industry and Trade Study 2017 source: DBFZ IEA Bioenergy: Task 40: June 2017 Global Wood Pellet Industry and Trade Study 2017 Lead authors Daniela Thrän, David Peetz, Kay Schaubach Contributing authors Sofia Backéus Patrick Lamers Luca Benedetti Thuy Mai-Moulin Lena Bruce Gordon Murray Suani Teixeira Coelho Olle Olsson Laura Craggs Alessandro Pellini Rocio Diaz-Chavez Svetlana Proskurina Javier Farago Escobar Fabian Schipfer Jose Goldemberg Peter-Paul Schouwenberg Ruben Guisson Wolfgang Stelte Morten Tony Hansen Ute Thiermann Jussi Heinimö Erik Trømborg Bo Hektor Lotte Visser J. Richard Hess Michael Wild Martin Junginger All materials and content contained in this publication are the intellectual property of IEA Bioenergy Task 40 and may not be copied, reproduced, distributed or displayed beyond personal, educational, and research purposes without IEA Bioenergy Task 40's express written permission. Citation of this publication must appear in all copies or derivative works. In no event shall anyone commercialize contents or information from this publication without prior written consent from IEA Bioenergy Task 40. Please cite as: Thrän et al. 2017. Global Wood Pellet Industry and Trade Study 2017. IEA Bioenergy Task 40. June 2017. IEA Bioenergy, also known as the Implementing Agreement for a Programme of Research, Development and Demonstration on Bioenergy, functions within a Framework created by the International Energy Agency (IEA). Views, findings and publications of IEA Bioenergy do not necessarily represent the views or policies of the IEA Secretariat or of its individual Member countries. II Copyright © 2017 IEA Bioenergy. All rights Reserved ISBN 978-1-910154-32-8 Published by IEA Bioenergy Acknowledgements: Alongside the main authors, we would like to thank the many helping hands and brains who have made this report possible: Christiane Hennig, Julia Klima, Martin Rojas Arboleda, Janet Witt, Kathrin Bienert (DBFZ) and Frazer Musonda (UFZ) IEA Bioenergy, also known as the Implementing Agreement for a Programme of Research, Development and Demonstration on Bioenergy, functions within a Framework created by the International Energy Agency (IEA). Views, findings and publications of IEA Bioenergy do not necessarily represent the views or policies of the IEA Secretariat or of its individual Member countries. III Table of Contents Executive summary .................................................................................................... 6 1 Introduction ................................................................................................... 14 2 Background: Development of the global wood pellet market .......................... 16 2.1 Wood pellets use in the electricity and heating sector .................................................................. 16 2.2 Wood pellet quality standards .................................................................................................. 18 2.3 Pellet provision costs – cost components and typical numbers ...................................................... 20 3 Wood pellet industry and market in Europe .................................................... 27 3.1 Austria ................................................................................................................................. 27 3.2 Baltic States .......................................................................................................................... 33 3.3 Belgium/Flanders ................................................................................................................... 41 3.4 Bulgaria ................................................................................................................................ 44 3.5 Czech Republic ...................................................................................................................... 48 3.6 Denmark .............................................................................................................................. 52 3.7 Finland ................................................................................................................................. 58 3.8 France .................................................................................................................................. 67 3.9 Germany .............................................................................................................................. 74 3.10 Hungary ............................................................................................................................... 81 3.11 Italy ..................................................................................................................................... 85 3.12 The Netherlands .................................................................................................................... 96 3.13 Norway ................................................................................................................................. 99 3.14 Poland ................................................................................................................................ 104 3.15 Portugal .............................................................................................................................. 110 3.16 Romania ............................................................................................................................. 114 3.17 Russian Federation ............................................................................................................... 119 3.18 Slovakia ............................................................................................................................. 125 3.19 Spain ................................................................................................................................. 128 3.20 Sweden .............................................................................................................................. 132 3.21 Switzerland ......................................................................................................................... 138 3.22 Ukraine .............................................................................................................................. 144 3.23 United Kingdom ................................................................................................................... 150 4 Wood pellet industry and market in North America ...................................... 157 4.1 Canada ............................................................................................................................... 157 4.2 United States ...................................................................................................................... 164 5 Wood pellet industry and market in Asia, Australia and Latin America ........................................................................................................ 182 5.1 Australia and New Zealand .................................................................................................... 182 5.2 China ................................................................................................................................. 183 5.3 Japan ................................................................................................................................. 184 5.4 Malaysia, Indonesia .............................................................................................................. 188 IV 5.5 South Korea ........................................................................................................................ 189 5.6 Vietnam .............................................................................................................................. 192 5.7 Latin America - an overview .................................................................................................. 193 5.8 Brazil ................................................................................................................................. 194 5.9 Other Latin-American countries .............................................................................................. 202 6 Challenges for a sustainable wood pellet trade ............................................. 205 6.1 Ensuring sustainability along the value chain ............................................................................ 205 6.2 Transforming wood pellets into a global commodity ................................................................... 209 6.3 Torrefaction and international trade ........................................................................................ 213 7 Conclusions and Outlook ............................................................................... 221 7.1 Development of pellet production, trade and consumption .......................................................... 221 7.2 Expected pellet production, trade and consumption ................................................................... 224 7.3 Development of pellet prices .................................................................................................. 227 7.4 Expected pellet prices ........................................................................................................... 231 7.5 Dynamics in frameworks ....................................................................................................... 232 List of Figures