Czech Republic: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in the Czech Republic

The Czech wood flat pallet market surged to $X in 2023, picking up by X% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market hit record highs in 2023 and is likely to continue growth in years to come.

Wood Flat Pallet Production in the Czech Republic

In value terms, wood flat pallet production reduced to $X in 2023 estimated in export price. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Wood flat pallet production peaked at $X in 2022, and then contracted modestly in the following year.

Wood Flat Pallet Exports

Exports from the Czech Republic

In 2023, after two years of growth, there was significant decline in shipments abroad of flat pallets and pallet collars of wood, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, wood flat pallet exports fell sharply to $X in 2023. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2022, and then declined sharply in the following year.

Exports by Country

Germany (X units) was the main destination for wood flat pallet exports from the Czech Republic, with a X% share of total exports. Moreover, wood flat pallet exports to Germany exceeded the volume sent to the second major destination, Austria (X units), tenfold. Italy (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for flat pallets and pallet collars of wood exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2023, the average wood flat pallet export price amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, posted noticeable growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2022, and then fell remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Flat Pallet Imports

Imports into the Czech Republic

For the third consecutive year, the Czech Republic recorded growth in overseas purchases of flat pallets and pallet collars of wood, which increased by X% to X units in 2023. Over the period under review, total imports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.

In value terms, wood flat pallet imports dropped to $X in 2023. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

Germany (X units), Poland (X units) and Slovakia (X units) were the main suppliers of wood flat pallet imports to the Czech Republic, together comprising X% of total imports. Ukraine, Austria, Italy, Bulgaria and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood flat pallet suppliers to the Czech Republic were Poland ($X), Germany ($X) and Slovakia ($X), with a combined X% share of total imports. Ukraine, Austria, Bulgaria, Italy and Hungary lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood flat pallet import price stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2022, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform