1/ The United States has abundant wood resources.
The United States has the second-largest planted forest area in the world, with approximately 200 million acres (800 thousand square kilometers). This provides a large source of wood material for wood pellet production.
2/ The United States has advanced wood pellet production technology.
Wood pellet plants in the United States use advanced technology to produce wood pellets with high quality and efficiency. This helps to reduce production costs and increase the competitiveness of American wood pellets in the global market.
3/ The United States has a large potential export market.
Europe and Japan are the world’s largest wood pellet import markets. The United States has a favorable geographical location for exporting wood pellets to these markets.
According to the International Energy Agency (IEA), the United States exported 20.5 million tonnes of wood pellets in 2022, accounting for approximately 38% of the global market share.
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