Colombia: Wood Flat Pallet Market 2025

Wood Flat Pallet Market Size in Colombia

In 2021, the Colombian wood flat pallet market increased by 24% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +5.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Wood Flat Pallet Production in Colombia

In value terms, wood flat pallet production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +6.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in the near future.

Wood Flat Pallet Exports

Exports from Colombia

In 2021, overseas shipments of flat pallets and pallet collars of wood decreased by -57.4% to X units, falling for the second consecutive year after six years of growth. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 221% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wood flat pallet exports expanded rapidly to $X in 2021. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2018 with an increase of 210%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for wood flat pallet exports from Colombia, accounting for a 21% share of total exports. Moreover, wood flat pallet exports to Sweden exceeded the volume sent to the second major destination, the Dominican Republic (X units), sixfold. France (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+15.3% per year) and France (-11.2% per year).

In value terms, Sweden ($X), the Dominican Republic ($X) and France ($X) were the largest markets for wood flat pallet exported from Colombia worldwide, together comprising 8.1% of total exports. Belgium and El Salvador lagged somewhat behind, together accounting for a further 0.4%.

Among the main countries of destination, El Salvador, with a CAGR of +100.8%, saw 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 $X per unit, rising by 161% against the previous year. Over the period under review, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 299%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to El Salvador ($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 Germany (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Flat Pallet Imports

Imports into Colombia

In 2021, wood flat pallet imports into Colombia declined significantly to X units, with a decrease of -66.5% compared with the year before. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 240%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, wood flat pallet imports contracted notably to $X in 2021. Over the period under review, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 466%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Poland (X units) and Italy (X units) were the main suppliers of wood flat pallet imports to Colombia, together accounting for 49% of total imports. Germany, the Czech Republic, Spain and Chile lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +75.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood flat pallet suppliers to Colombia were the United States ($X), Poland ($X) and Italy ($X), with a combined 40% share of total imports.

Poland, with a CAGR of +205.9%, recorded the highest growth rate of 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

In 2021, the average wood flat pallet import price amounted to $X per unit, surging by 97% against the previous year. Overall, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 266% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :