In terms of growth and pricing, 2018 was one of the strongest years for the global wood pellet market in quite some time. From 2014 to 2016 the growth in global wood pellet trade slowed to 7% per year, accompanied by a low pricing environment and limited capacity expansion. In 2017 market conditions greatly improved and global trade increased 13% to 18.9 million tonnes. That market improvement continued in full force through 2018 as the growth in global pellet trade accelerated to 26%. FutureMetrics projects 2018 pellet trade will have increased to 23.8 million ...
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