Wood Fuel Market Overview in the USA
In value terms, wood fuel production rose sharply to $ in . Over the period under review, production enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by % against the previous year. Wood fuel production peaked in and is expected to retain growth in the immediate term.
The size of the wood fuel market in the U.S. totaled $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Over the period under review, the market hit record highs in and is expected to retain growth in years to come.