U.S.: Wood Flat Pallet Market 2025

Wood Flat Pallet Market Size in the U.S.

The U.S. wood flat pallet market declined modestly to $X in 2021, remaining relatively unchanged against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +4.1% against 2015 indices. Wood flat pallet consumption peaked at $X in 2020, and then contracted in the following year.

Wood Flat Pallet Production in the U.S.

In value terms, wood flat pallet production fell slightly to $X in 2021. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.7% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 32% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined slightly in the following year.

Wood Flat Pallet Exports

Exports from the U.S.

In 2021, the amount of flat pallets and pallet collars of wood exported from the United States stood at X units, approximately mirroring the previous year. The total export volume increased at an average annual rate of +2.1% 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 2016 with an increase of 26%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, wood flat pallet exports expanded to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 23% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units), Mexico (X units) and South Korea (X units) were the main destinations of wood flat pallet exports from the United States, together comprising 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +5.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and South Korea ($X) appeared to be the largest markets for wood flat pallet exported from the United States worldwide, together accounting for 88% of total exports.

South Korea, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood flat pallet export price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Canada ($X per unit) and South Korea ($X per unit), while the average price for exports to Mexico ($X per unit) and Germany ($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 South Korea (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Flat Pallet Imports

Imports into the U.S.

After five years of decline, supplies from abroad of flat pallets and pallet collars of wood increased by 3.1% to X units in 2021. Overall, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 130%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood flat pallet imports skyrocketed to $X in 2021. Over the period under review, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X units) was the main wood flat pallet supplier to the United States, accounting for a 112% share of total imports. Moreover, wood flat pallet imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+8.4% per year) and Brazil (+2.0% per year).

In value terms, Canada ($X) constituted the largest supplier of flat pallets and pallet collars of wood to the United States, comprising 74% of total imports. The second position in the ranking was taken by Mexico ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada totaled +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+15.7% per year) and Brazil (-1.3% per year).

Import Prices by Country

In 2021, the average wood flat pallet import price amounted to $X per unit, rising by 68% against the previous year. Overall, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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