Pellet production Europe 2023.jpg

Despite the fact that pellet production was on the decrease in Europe, most of the Top 5 countries increased their output in 2023. Sources: EPC survey 2024; Bioenergy International © Timber-Online.net

european pellet market

Demand decreasing at a faster pace than production

Article by Philipp Matzku (translated by Eva Guzely) | 16.08.2024 - 10:55

Europe’s demand for pellets for electricity generation continued its clear downward trend in 2023. Sales of new pellet boilers appear to be heavily dependent on the subsidy policies of individual countries. Exports partly help keep production output in Europe at a high level.

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