Algeria: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in Algeria

The Algerian wood flat pallet market amounted to less than $X in 2021, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a strong expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Wood Flat Pallet Exports

Exports from Algeria

In 2017, wood flat pallet exports from Algeria skyrocketed to X units, with an increase of 1,450% compared with 2016 figures. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 2,464% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2017, the growth of the exports remained at a somewhat lower figure.

In value terms, wood flat pallet exports skyrocketed to $X in 2017. In general, exports continue to indicate significant growth. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2017, the exports remained at a lower figure.

Exports by Country

Mauritania (X units), Estonia (X units) and Austria (X units) were the main destinations of wood flat pallet exports from Algeria, with a combined 60% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +49.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood flat pallet exported from Algeria were Estonia ($X), Mauritania ($X) and Austria ($X), with a combined 60% share of total exports.

In terms of the main countries of destination, Austria, with a CAGR of +45.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wood flat pallet export price amounted to less than $X per unit, almost unchanged from the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 14,000% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Flat Pallet Imports

Imports into Algeria

After five years of growth, supplies from abroad of flat pallets and pallet collars of wood decreased by -26.6% to X units in 2017. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 56% against the previous year. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, wood flat pallet imports declined remarkably to $X in 2017. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2017, imports failed to regain momentum.

Imports by Country

Tunisia (X units), Turkey (X units) and China (X units) were the main suppliers of wood flat pallet imports to Algeria, together accounting for 27% of total imports. Spain, Italy, the Netherlands, the UK, Portugal, Canada, France and Germany lagged somewhat behind, together accounting for a further 73%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +25.7%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X), China ($X) and Canada ($X) were the largest wood flat pallet suppliers to Algeria, with a combined 27% share of total imports. Tunisia, the Netherlands, Spain, Portugal, Italy, the UK, France and Germany lagged somewhat behind, together accounting for a further 73%.

The UK, with a CAGR of +29.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 less than $X per unit in 2021, remaining stable against the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price decreased by -0.8% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+63.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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