EU: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in the EU

In 2023, the EU wood flat pallet market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption posted a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2022, and then declined in the following year.

Wood Flat Pallet Production in the EU

In value terms, wood flat pallet production reduced to $X in 2023 estimated in export price. The total production indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then fell in the following year.

Wood Flat Pallet Exports

Exports in the EU

Wood flat pallet exports shrank sharply to X units in 2023, which is down by X% against the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, wood flat pallet exports fell dramatically to $X in 2023. In general, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then declined dramatically in the following year.

Exports by Country

Poland was the largest exporting country with an export of about X units, which amounted to X% of total exports. Germany (X units) ranks second in terms of the total exports with an X% share, followed by the Czech Republic (X%), the Netherlands (X%), Lithuania (X%), Latvia (X%) and Belgium (X%). France (X units), Italy (X units), Sweden (X units), Slovakia (X units), Slovenia (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to wood flat pallet exports from Poland stood at X%. At the same time, Slovenia (X%), Slovakia (X%), Romania (X%), the Czech Republic (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. Italy, Germany and Lithuania experienced a relatively flat trend pattern. By contrast, Latvia (X%), Belgium (X%), the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest wood flat pallet supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Poland, wood flat pallet exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

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

Wood Flat Pallet Imports

Imports in the EU

In 2023, the amount of flat pallets and pallet collars of wood imported in the European Union fell to X units, waning by X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, wood flat pallet imports shrank rapidly to $X in 2023. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then declined dramatically in the following year.

Imports by Country

In 2023, Germany (X units) was the main importer of flat pallets and pallet collars of wood, generating X% of total imports. Italy (X units) ranks second in terms of the total imports with a X% share, followed by France (X%), Belgium (X%), the Netherlands (X%) and the Czech Republic (X%). Austria (X units), Sweden (X units), Poland (X units), Spain (X units), Denmark (X units), Slovakia (X units) and Hungary (X units) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to wood flat pallet imports into Germany stood at X%. At the same time, Hungary (X%), Slovakia (X%), Italy (X%), the Czech Republic (X%), Sweden (X%) and Poland (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Belgium and Austria experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Spain (X%), France (X%) and Denmark (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Italy and Germany increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported flat pallets and pallet collars of wood in the European Union, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2022, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform