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September 20, 2022

Germany: Price quadrupled yoy, but trend reversal on the pellet market in sight

The pellet market in Germany continues to be influenced by many factors, caused by the effects of the war in Ukraine. These include a sharp increase in demand, the increase in the cost of production and logistics, and high raw material costs due to a downturn in the construction industry.  The national average price for wood pellets in September was €763.76/t (sales of 6 t). That is 11.8% more than in the previous month and 322.7% more than in September 2021. The pellet price has more than quadrupled. Converted to the heat supply, this ...

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