Czech Republic: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in the Czech Republic

The Czech wood flat pallet market skyrocketed to $X in 2021, surging by 35% against the previous year. Overall, consumption posted resilient growth. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Wood Flat Pallet Production in the Czech Republic

In value terms, wood flat pallet production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Wood Flat Pallet Exports

Exports from the Czech Republic

In 2021, overseas shipments of flat pallets and pallet collars of wood increased by 13% to X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 16%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wood flat pallet exports surged to $X in 2021. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for wood flat pallet exports from the Czech Republic, with a 65% share of total exports. Moreover, wood flat pallet exports to Germany exceeded the volume sent to the second major destination, Austria (X units), sevenfold. The third position in this ranking was held by Slovakia (X units), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-2.2% per year) and Slovakia (+6.4% per year).

In value terms, Germany ($X) remains the key foreign market for flat pallets and pallet collars of wood exports from the Czech Republic, comprising 67% of total exports. The second position in the ranking was taken by Austria ($X), with a 9.6% share of total exports. It was followed by Slovakia, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+2.5% per year) and Slovakia (+9.3% per year).

Export Prices by Country

The average wood flat pallet export price stood at $X per unit in 2021, picking up by 40% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood flat pallet export price increased by +96.8% against 2014 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Germany ($X per unit) and Austria ($X per unit), while the average price for exports to Italy ($X per unit) and Slovakia ($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 Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Flat Pallet Imports

Imports into the Czech Republic

Wood flat pallet imports into the Czech Republic expanded rapidly to X units in 2021, surging by 11% against 2020. Over the period under review, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.5% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 65%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, wood flat pallet imports soared to $X in 2021. In general, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of wood flat pallet to the Czech Republic, accounting for a 52% share of total imports. Moreover, wood flat pallet imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Ukraine (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.5% per year) and Ukraine (+46.9% per year).

In value terms, Poland ($X) constituted the largest supplier of flat pallets and pallet collars of wood to the Czech Republic, comprising 52% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Ukraine, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Poland stood at +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.0% per year) and Ukraine (+58.6% per year).

Import Prices by Country

The average wood flat pallet import price stood at $X per unit in 2021, rising by 49% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 97% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per unit) and Slovakia ($X per unit), while the price for Ukraine ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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