Wood Pellet Market: Current State and Prospects

Abstract

The article considers the current state and prospects for the wood pellet market, distinguishes separate market segments and characterizes the major trends in the production, consumption and international wood pellet trade. In the article, the key factors influencing the current market
and its prospects are identified; and the role of the Asian region countries - South Korea and Japan - as the fastest growing markets is justified. The role of Russia as a major exporter of wood pellets is determined; and some problems that have a constraining effect on the Russian exports are identified.