The United Kingdom is by far the largest importer of wood pellets in the world followed by Denmark, South Korea and Belgium.
In the 2Q/16, the U.K. imported record volumes of just over 2 million tons, which was 11 percent higher than the previous quarter and 21 percent more than in the 2Q/15.
Pellet exporters in the U.S. South continue to be the major suppliers to the U.K., accounting for about 50 percent of the total import volume in the 2Q/16. The other major exporting countries are Canada and Latvia.