Europe’s pellet industry is the largest in the world and is expected to continue to grow strongly, at least until 2025. The key factors driving this increase include:
The frenzy comes on the heels of record American forest-products imports from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventories.
Amidst chaos and rising pressure, there is good news coming from Pine timber availability side. The Pine log prices have reported to be dropped to 25% in India.