Denmark pellet imports decline 40.3% in January-May 2019

Market: Biofuel
Posted July 18, 2019

Denmark pellet imports decline 40.3% in January-May 2019

Pellet imports to Denmark fell 40.3% y-o-y to 1.2 million tons in first five months of 2019 while average price jumped 14.5% to $154 per ton, according to Eurostat. Pellet imports to Denmark from U.S. decreased 39.8% to 285.9 thousand m3 with import value dropped 32.0% to $50.3 million. Imports from Estonia contracted 26.1% to 257.6 thousand m3, import value was down 19.2% to $36.8 million.

From January through May, UK pellet imports expanded 28.1% to 2.5 million tones with import value soared 34.7% to $578.0 million. Pellet imports to UK from U.S. surged 11.6% to 2.0 million tons, import value rocketed 16.4% to $339.3 million.

Total pellet imports to EU slid 6.34% to 6.4 million tons while average price increased 8.52% to $166 per ton.

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