Angola: Wood Flat Pallet Market 2025

Wood Flat Pallet Market Size in Angola

The Angolan wood flat pallet market skyrocketed to $X in 2021, picking up by 29% 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). Overall, consumption, however, recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wood Flat Pallet Exports

Exports from Angola

In 2021, wood flat pallet exports from Angola contracted sharply to X units, falling by -89.9% compared with 2020. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of 3,062%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, wood flat pallet exports contracted significantly to $X in 2021. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 4,433%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X units) was the main destination for wood flat pallet exports from Angola, accounting for a 429% share of total exports. Moreover, wood flat pallet exports to Namibia exceeded the volume sent to the second major destination, Congo (X units), threefold. The third position in this ranking was taken by Democratic Republic of the Congo (X units), with a 157% share.

From 2012 to 2021, the average annual growth rate of volume to Namibia amounted to -21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (0.0% per year) and Democratic Republic of the Congo (0.0% per year).

In value terms, the largest markets for wood flat pallet exported from Angola were Namibia ($X), Democratic Republic of the Congo ($X) and Congo ($X).

Congo, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average wood flat pallet export price amounted to $X per unit, growing by 47% against the previous year. In general, the export price, however, faced a dramatic downturn. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Democratic Republic of the Congo ($X per unit) and Portugal ($X per unit), while the average price for exports to Namibia ($X per unit) and Congo ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.2%), while the prices for the other major destinations experienced a decline.

Wood Flat Pallet Imports

Imports into Angola

Wood flat pallet imports into Angola surged to X units in 2021, growing by 19% compared with 2020 figures. In general, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by 220%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wood flat pallet imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 133%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Portugal (X units) constituted the largest supplier of wood flat pallet to Angola, accounting for a 45% share of total imports. Moreover, wood flat pallet imports from Portugal exceeded the figures recorded by the second-largest supplier, Lithuania (X units), threefold. South Africa (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal stood at -10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+499.7% per year) and South Africa (-21.5% per year).

In value terms, Portugal ($X) constituted the largest supplier of flat pallets and pallet collars of wood to Angola, comprising 39% of total imports. The second position in the ranking was held by Israel ($X), with a 19% share of total imports. It was followed by Lithuania, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+46.8% per year) and Lithuania (+609.6% per year).

Import Prices by Country

The average wood flat pallet import price stood at $X per unit in 2021, growing by 35% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 125% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average 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 Israel ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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