Canada: Wood Pellets Annual

  |   Attaché Report (GAIN)   |   CA2023-0055
FAS/Canada forecasts Canada's wood pellet production to decline by six percent in 2023 as a result of closure of pellet mills, reductions in allowable cut, and a high activity wildfire season. Exports of wood pellets are forecast to decline 14 percent as a result of reduced production and diminished demand from South Korea and the UK for Canadian wood pellets. Canada is forecast to increase imports on a slight growth in domestic demand.

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