MERCOSUR: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in MERCOSUR

The MERCOSUR wood flat pallet market stood at $X in 2023, flattening at the previous year. The total consumption indicated a pronounced increase from 2012 to 2023: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Wood Flat Pallet Production in MERCOSUR

In value terms, wood flat pallet production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Wood Flat Pallet Exports

Exports in MERCOSUR

In 2023, shipments abroad of flat pallets and pallet collars of wood decreased by X% to X units, falling for the fifth consecutive year after three years of growth. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, wood flat pallet exports reduced to $X in 2023. Over the period under review, exports, however, posted a mild increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2023. It was distantly followed by Chile (X units), constituting an X% share of total exports. Uruguay (X units) took a little share of total exports.

Brazil was also the fastest-growing in terms of the flat pallets and pallet collars of wood exports, with a CAGR of X% from 2012 to 2023. At the same time, Uruguay (X%) displayed positive paces of growth. By contrast, Chile (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Uruguay (X p.p.) and Chile (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest wood flat pallet supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2023, jumping by X% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

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 Uruguay ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Flat Pallet Imports

Imports in MERCOSUR

In 2023, the amount of flat pallets and pallet collars of wood imported in MERCOSUR declined to X units, shrinking by X% compared with 2022 figures. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, wood flat pallet imports contracted to $X in 2023. Overall, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Paraguay (X units), Argentina (X units), Peru (X units), Chile (X units), Uruguay (X units) and Colombia (X units) represented roughly X% of total imports in 2023. It was distantly followed by Venezuela (X units), creating a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Paraguay (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 importing markets in MERCOSUR were Paraguay ($X), Colombia ($X) and Argentina ($X), together comprising X% of total imports.

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2023, which is down by X% against the previous year. Import price indicated a resilient increase from 2012 to 2023: its price 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, wood flat pallet import price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2022 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform