the sale of pellet stoves is rising like foam and is that the news about the energy crisis in Europe has caused many people to abandon their idea of connecting the central heating or the radiator and opt for more natural and ecological alternatives that can help them save money during the winter. The great uncertainty that exists regarding the prices and availability of the electricity and the gas sales have increased biomass stovesboth in the case of pellet stoves as in the wood stoves. But as announced by the OCUHaving a pellet stove will not be the most economical option at the moment either.
As they have explained, buying pellets for the stove will be 67% more expensive this year, although they also announce that they have been on the rise for several years, specifically since 2017. If we compare the price that has been paid for this product year after year on the market, we verify that in 2017 you could buy a kilo of pellets for 26 cents, while now you have to pay an average of 50 cents.
But the great rise in pellet prices has occurred in the last year and is that from 2021 to 2022 we will have to pay 67% more for the same amount of product.
The high demand for pellet stoves has increased the price of fuel
As published by the Spanish Association of Manufacturers of Stoves, Fireplaces and Cookers for Solid Fuels, the sale of wood stoves and pellets has increased this year by 30%. This increase is precisely what has produced such a significant rise in prices.
In the case of pellet stoves, sales have increased by 44% more than in previous years, as is the case with boilers, which have sold 60% more than in other years. But Spain It is not the only country that has noticed this rise. In the rest of the world they have also noticed the rise in prices since they are also being more in demand, as is the case in France or Italy.
But pellets are not the only fuel that has risen compared to the previous year. The olive stone has suffered a similar rise, although it is still a much cheaper material than pellets. In the case of olive stones, in 2017 you could buy a kilo for 15 cents, while today the price has risen to an average of 30 cents.
OCU explains why the price of pellets rises
As there is an increase in demand, as in any other product, there is a factor that raises prices. To this, in addition, other important reasons are added that have managed to increase the price:
- Until now, in Spain what was consumed was produced since I didn’t need a larger quantity. But now it seems that production will have to be increased and therefore the price will be higher. However, the data that has been compiled confirms that this last year not too much firewood has been cut, hence the increase in price.
- The raw material It has increased its costs due to the logistical problems that are still dragging on since the pandemic.
- To this must be added the rise in electricity since it represents 19% of the total manufacturing costs.
So according to OCUthese are the reasons why pellets have increased in price in recent months and, it seems, will continue to increase in the coming weeks.