2024-01-14 12:28:43
After experiencing major disruptions, notably due to the war in Ukraine, the pellet market seems to have stabilized for some time. While more and more French people are opting for this means of heating, its should not experience a significant decline in 2024.
Will the price of pellets fall in 2024?
According to forecasts by Eric Vial, general delegate of Propellet, the national pellet heating association, the price of wood pellets should not fall below the threshold of 300 euros per ton in 2024. Currently, the price of pellets in bulk is €449 per tonne, compared to €285 in 2019, indicates France 3. According to Neozone, the price of a 990 kg pallet was 460 euros on January 11, or €0.465/kg. The price of a tonne of bulk pellets (1,000 kg) was €449, or €0.449/kg on the same date. We are therefore very far from the prices of 2015 when a tonne of pellets was trading at 269.90 euros.
For its part, the site kelwatt.fr estimates that the price of pellets should not see a drop in 2024. This is due to several reasons, in particular the increase in the cost of production, the price of wood in the forest which has increased by 25 at 34%, in addition to sawmill electricity bills which have increased by 2 or 4. In addition, carriers have increased their rates by more than 50%. Thus, the price of the pallet, i.e. 66 bags of 15 kg, has been multiplied by 3.
According to experts, other reasons are also behind the explosion in the price of pellets since 2022, in particular the commercial hype which encourages the French to buy pellet stoves with the arguments of ecology and savings.
The law of supply and demand also plays a role in this rise in prices. In fact, demand explodes during this time of year, which causes a reduction in stocks and therefore a considerable increase in prices. In addition, for fear of running out of stock, some users do not hesitate to order quantities greater than their pellet needs. In fact, the Bois de Chauffage site attests that there were 11 times more people looking for pellets purchasing a stock above normal.
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