Wood pellet prices in Austria and comparisons to other fuels

Wood pellet prices are compiled by proPellets Austria on a monthly basis since 2006. More than 70% of the traded pellet quantities are included in this price survey at 54 pellet dealers, thereby representing a reliable indicator for the development of the market prices.

Wood Pellet Prices

Wood pellet prices November 2022

Methodology of the survey

Wood pellet prices are compiled by proPellets Austria on a monthly basis since 2006. More than 70% of the traded pellet quantities are included in this price survey at 50 pellet dealers, thereby representing a reliable indicator for the development of the market prices.
We ask for the price of a delivery of loose pellets of 6 mt, 17 mt for commercial use and for pellets in bags. The two highest and the two lowest prices we eliminate before we average the remaining quotations of the pellet dealers.

The survey of the wood pellet trade principally takes place in the first week of the month. Results are published under Current Pellet Prices around the 20th of each month.

Price for bulk wood pellets

The price survey done by proPellets Austria resulted in an average price of 60.56 € Cent per kg of wood pellets or 12.36 Cent per kWh.

• Compared to previous year + 143.2 %
• Compared to previous month - 4.4 %

Price for 1 kg pellets in bulk


Cost advantage to fuel oil

Wood pellets currently offer a price advantage of

• 33.8 % as opposed to extra light heating oil


Price difference between fuel oil and wood pellets

Current comparison of costs


Current cost comparison various fuels

Long-term comparison of costs of various fuels

Annual prices for heating fuels (The values of gas and heating oil refer to current existing rates).


Pellet Price Index PPI 06

The starting point (value 100) is January 2006, the beginning of our systematic price surveys.

The current value: 340.62



Pellet Price Index PPI 06

Price for wood pellets in bags

Wood pellets in bags cost an average of € 10.20 per 15 kg bag = 68.01 Cent/kg (when ordered by the pallet).

• Compared to the previous year: + 145.9 %
• Compared to the previous month: - 8.1 %

Price for pellets in bags in Euro/15kg


Seasonal price fluctuations

Wood pellets generally show a seasonal pattern in Austria. In 2022 this is different for the first time due to the effects of the war in Ukraine. In the past, the most favorable prices were offered in the spring in the course of so-called storage campaigns. These allowed pellet suppliers to make optimum use of their vehicle fleets and to store the fuel with customers at an early stage. On average, the cost of pellets during the storage campaign in April and May was between 5 and 10% below the fall and winter costs.


Seasonal price fluctuations

Life-cycle costs of various heating systems

A study by the Austrian Society for Environment and Technology (ÖGUT) on the basis of various consumption scenarios shows that switching from an old, oil-fired heating system to a wood pellet-fired heating system pays off in any case.

Wood pellet price caught in the wake of the price of fossil oil? Not at all.

It has repeatedly been claimed that the prices for wood pellets are somehow bound to the prices for mineral oil and therefore "follow" them. However, the development in recent years has shown that this is not the case. While the costs for heating oil are subject to extreme price fluctuations, the costs for wood pellets are largely stable. The average wood pellet price in 2012, after adjusting for inflation, was lower than the wood pellet price in 2002. One brief price peak in 2006 occured as a consequence of the particularly cold and snowy winter, which caused problems with timber transport as well as of the rapidly increasing demand. In the meantime over 400 wood pellet plants have been built all over Europe. Production capacities in Austria nearly doubled. Furthermore, the standardization of European quality standards (ENplus) has increased the permeability of the markets. Today, a high degree of supply security and price stability exists.


Inflation adjusted prices for fuel oil and pellets


Wood pellet prices in Germany, Switzerland and Austria

Here you can find a comparison of the average prices in Germany, Switzerland and Austria..

Pellet prices in Austria, Germany and Switzerland
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