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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.
Canadian wood pellet production is forecast to remain stable for 2022 at 3.5 million metric tons. Canada's wood pellet exports are forecast to grow five percent on increased demand from Europe and Asia.
FY2022 agricultural exports reach record levels.
FY2021 agricultural exports reach record levels.
Canadian wood pellet production is forecast for continued growth in 2021 as plant capacity utilization improves.
The United States exported a record $9.7 billion of forest products in fiscal year 2014. Among U.S. agricultural exports, only corn and soybeans had higher export values.
Canada’s Agricultural Growth Act, formerly referred to as Bill C-18, received royal assent on February 25, 2015 and is now law.