In Germany, the pellet price fell by 5.2 per cent in September 2023. According to the German Pellet Institute (DEPI), the average price is 382.44 euros per tonne for a purchase quantity of six tonnes.

DEPI Managing Director Martin Bentele recommends stocking up on wood pellets for the winter now: "As we saw during the price spike last year, retail is the bottleneck in pellet supply. Therefore, as a private consumer, it makes sense to order pellets when larger consumers order less." A kilowatt hour of heat from wood pellets currently costs 7.65 eurocents per kilowatt hour. The price advantage over heating oil is 34 per cent, that over natural gas 28 per cent.

German pellet price in September 2023 for a purchase of 3 tons
in southern Germany: 395.76 euros per tonne
in Central Germany: 396.49 euros per tonne
in Northern and Eastern Germany: 395.81 euros per tonne

German pellet price in September 2023 for a purchase of 6 tonnes
in southern Germany: 382.34 euros per tonne
in Central Germany: 380.29 euros per tonne
in Northern and Eastern Germany: 383.84 euros per tonne

German pellet price in September 2023 for a purchase of 26 tonnes
in southern Germany: 369.29 euros per tonne
in Central Germany: 362.12 euros per tonne
in northern and eastern Germany: 361.49 euros per tonne

The DEPV index in brief

The German Energy Wood and Pellets Association (DEPV) has been publishing its monthly price index since 2011. For the DEPV, the German Pellet Institute collects the pellet price by region as well as by sales volume. In addition to the price, consumers should pay particular attention to the quality of the pellets when buying pellets, according to the DEPV, in order to be able to ensure trouble-free operation of their heating system. The ENplus seal guarantees the highest product quality and transparency through traceability. Certified dealers can be found on the ENplus pages.

Source: DEPV