Iran: Wood Flat Pallet Market 2025

Wood Flat Pallet Market Size in Iran

In 2021, the Iranian wood flat pallet market decreased by -19.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed a mild reduction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Wood Flat Pallet Production in Iran

In value terms, wood flat pallet production declined significantly to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Wood Flat Pallet Exports

Exports from Iran

In 2021, shipments abroad of flat pallets and pallet collars of wood increased by 151% to X units for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, continue to indicate a sharp decline. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood flat pallet exports surged to $X in 2021. In general, exports, however, recorded a dramatic shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for wood flat pallet exports from Iran, with a 94% share of total exports. It was followed by Canada (X units), with a 2% share of total exports. Oman (X units) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1,950.0% per year) and Oman (-25.3% per year).

In value terms, Russia ($X) remains the key foreign market for flat pallets and pallet collars of wood exports from Iran, comprising 95% of total exports. The second position in the ranking was held by Oman ($X), with a 1.3% share of total exports. It was followed by the United Arab Emirates, with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled -25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-29.3% per year) and the United Arab Emirates (-48.5% per year).

Export Prices by Country

The average wood flat pallet export price stood at $X per unit in 2021, waning by -40% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 5.6%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average 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 United Arab Emirates ($X per unit), while the average price for exports to Canada ($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 Sweden (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Flat Pallet Imports

Imports into Iran

In 2018, imports of flat pallets and pallet collars of wood into Iran surged to X units, growing by 25% compared with the previous year. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 689% against the previous year. Over the period under review, imports hit record highs in 2018 and are likely to see steady growth in the immediate term.

In value terms, wood flat pallet imports surged to $X in 2018. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2017 with an increase of 642% against the previous year. Over the period under review, imports reached the maximum in 2018 and are likely to see steady growth in the near future.

Imports by Country

Slovakia (X units), Italy (X units) and Turkey (X units) were the main suppliers of wood flat pallet imports to Iran, together accounting for 43% of total imports. Moreover, wood flat pallet imports in Slovakia exceeded the figures recorded by the second-largest supplier, Italy, threefold.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +33.6%), while purchases for the other leaders experienced a decline.

In value terms, Slovakia ($X), Italy ($X) and Spain ($X) constituted the largest wood flat pallet suppliers to Iran, with a combined 43% share of total imports. Moreover, wood flat pallet imports in Slovakia exceeded the figures recorded by the second-largest supplier, Italy, threefold.

Among the main suppliers, Italy, with a CAGR of +21.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average wood flat pallet import price amounted to less than $X per unit, approximately equating the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 6.5%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Slovakia ($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 (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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