Considerable growth in exports to the UK and Japan helped to boost Canada’s pellet exports by 46 percent to around 2.373mt in 2016 reported by EUWID.
According to a recent analysis by the Canadian National Energy Board, the exports to buyers in the UK were raised by 38 percent to 1.664m t, which equates to a share of 70 percent of the total exports. A total of 272,376 t had been exported to Japan the year before. Owing to the more than threefold increase in exports against 2015, Japan took over from the USA as the second-biggest recipient of Canadian pellets. 169,930 t were exported to buyers in the neighbouring country, roughly 17 percent less than the year before.