French firewood prices are skyrocketing

2022-09-25 02:20:02

(MENAFN) The price of firewood in France has risen by an average of 10% since June, as households store supplies earlier than ever this year, according to BFMTV on Friday.

According to the study, the current cost per cubic meter is around €90 ($87). In annual terms, demand has increased by 50% in the last two months.

The surge in demand resulted in considerable delivery delays, with customers expected to wait three to five months from the date of order. However, it warned that "in a worst-case situation, some consumers may not receive their items at all."

If demand cannot be fulfilled, producers have stated that they may limit supplies to one cubic meter of firewood per household.

“People are preparing for winter crazily in advance compared to previous years,” the national wood pellet professionals’ group Propellet France asserted last week. “There is always a delay in the time it takes for the sector to find its feet and increase its production capacity. Supply is limited compared to demand,” it elaborated.

In the face of rising energy rates, the French are turning to firewood and pellets to heat their homes. The rush comes as the country's energy regulator, CRE, has warned that strong frosts could cause power outages for private residences this winter.

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