Paraguay: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in Paraguay

After five years of growth, the Paraguayan wood flat pallet market decreased by X% to $X in 2023. In general, consumption continues to indicate a relatively flat trend pattern. Wood flat pallet consumption peaked at $X in 2022, and then declined in the following year.

Wood Flat Pallet Production in Paraguay

In value terms, wood flat pallet production reduced to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then shrank in the following year.

Wood Flat Pallet Exports

Exports from Paraguay

Wood flat pallet exports from Paraguay skyrocketed to X units in 2023, growing by X% against the previous year's figure. In general, exports, however, continue to indicate a significant decline. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, wood flat pallet exports surged to $X in 2023. Over the period under review, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for wood flat pallet exports from Paraguay, with a X% share of total exports. Moreover, wood flat pallet exports to the UK exceeded the volume sent to the second major destination, Germany (X units), fivefold. The Netherlands (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 the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

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

From 2012 to 2023, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average wood flat pallet export price amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded 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 contracted in the following year.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and Belgium ($X per unit), while the average price for exports to the UK ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Wood Flat Pallet Imports

Imports into Paraguay

In 2023, the amount of flat pallets and pallet collars of wood imported into Paraguay skyrocketed to X units, growing by X% against the previous year's figure. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in years to come.

In value terms, wood flat pallet imports surged to $X in 2023. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see gradual growth in the near future.

Imports by Country

In 2023, Brazil (X units) was the main supplier of wood flat pallet to Paraguay, with a X% share of total imports. Moreover, wood flat pallet imports from Brazil exceeded the figures recorded by the second-largest supplier, Chile (X units), more than tenfold. Romania (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Romania (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of flat pallets and pallet collars of wood to Paraguay, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Romania (X% per year).

Import Prices by Country

In 2023, the average wood flat pallet import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, import price indicated tangible growth 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2022, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Romania ($X per unit) and the United States ($X per unit), while the price for Chile ($X per unit) and Brazil ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform