South-Eastern Asia: Metal Pallet Market 2020

Metal Pallet Market Size in South-Eastern Asia

The revenue of the metal pallet market in South-Eastern Asia amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014, when market value increased by X% year-to-year. In that year, the metal pallet market attained their peak level of $X. From 2015 to 2017, growth of the metal pallet market stood at a somewhat lower level.

Metal Pallet Production in South-Eastern Asia

In 2017, production of iron or steel pallets in South-Eastern Asia stood at X tons, coming up by X% against the previous year. The total output indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal pallet production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, when it surged by X% against the previous year. Over the period under review, the metal pallet production attained its peak figure volume in 2017, and is likely to see steady growth in the near future.

Metal Pallet Exports in South-Eastern Asia

In 2017, metal pallet exports in South-Eastern Asia stood at X tons, surging by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal pallet exports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the metal pallet exports reached its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, metal pallet exports stood at $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the metal pallet exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Pallet Exports by Country in South-Eastern Asia

In 2017, Thailand (X tons) was the main exporter for iron or steel pallets, comprising X% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Singapore (X tons) and Vietnam (X tons). All these countries together took approx. X% share of total exports. The Philippines (X tons) and Indonesia (X tons) held the slight share of total exports.

Thailand was also the fastest growing in terms of the iron or steel pallets exports, with a CAGR of +X% from 2007 to 2017. At the same time, Vietnam (+X%), the Philippines (+X%) and Singapore (+X%) displayed positive paces of growth. Malaysia experienced a relatively flat trend pattern. By contrast, Indonesia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Indonesia increased by X% percentage points, while Singapore (-X%), Vietnam (-X%) and Thailand (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest metal pallet supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

In Thailand, metal pallet exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Singapore (+X% per year).

Metal Pallet Export Prices by Country in South-Eastern Asia

The metal pallet export price in South-Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Pallet Imports in South-Eastern Asia

The imports amounted to X tons in 2017, growing by X% against the previous year. The metal pallet imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the metal pallet imports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, metal pallet imports totaled $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the metal pallet imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Metal Pallet Imports by Country in South-Eastern Asia

In 2017, Thailand (X tons) represented the main importer for iron or steel pallets, constituting X% of total imports. The Philippines (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons). All these countries together held approx. X% share of total imports. The following importers - Singapore (X tons), Vietnam (X tons) and Indonesia (X tons) together made up X% of total imports.

Imports into Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, the Philippines (+X%), Vietnam (+X%), Singapore (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Indonesia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Vietnam, the Philippines and Thailand decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported iron or steel pallets in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Singapore, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Thailand amounted to +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Singapore (+X% per year).

Metal Pallet Import Prices by Country in South-Eastern Asia

In 2017, the metal pallet import price in South-Eastern Asia amounted to $X per ton, falling by -X% against the previous year. The metal pallet import price continues to indicate a moderate decline. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the import prices for iron or steel pallets reached their peak level of $X per ton. From 2014 to 2017, growth of the import prices for iron or steel pallets stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform