Pellet prices are falling in March. In the first two weeks of March, prices fell by around 12 euros per tonne. For the time being, prices are moving sideways at this level.
There is some evidence to suggest that prices will fall more sharply once the heating season is over. But that would not be too long away. After all, while supply is increasing - i.e. production is being ramped up - the heating season is about to come to an end. This means that the acute short-term demand is declining. The Pellets Industry Association expects production volumes and therefore supply to increase in 2025.
The experts at Heizpellst24 also noted that scarce stocks and a sudden surge in demand had led to a surprisingly sharp price increase at the beginning of 2025. In February 2025, wood pellets were a good EUR 100 or 40 percent more expensive than at the end of December 2024. That was a huge price jump. But now the market is turning again.
