Venezuela: Wood Flat Pallet Market 2025

Wood Flat Pallet Market Size in Venezuela

The Venezuelan wood flat pallet market stood at $X in 2021, surging by 15% against the previous year. Over the period under review, consumption, however, showed a slight contraction. Wood flat pallet consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Flat Pallet Production in Venezuela

In value terms, wood flat pallet production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 23%. Wood flat pallet production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Flat Pallet Exports

Exports from Venezuela

In 2013, exports of flat pallets and pallet collars of wood from Venezuela amounted to X units, approximately equating the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2013 and are expected to retain growth in years to come.

In value terms, wood flat pallet exports stood at $X in 2013. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the near future.

Exports by Country

The Dominican Republic (X units), the United Arab Emirates (X units) and Nicaragua (X units) were the main destinations of wood flat pallet exports from Venezuela. Moreover, wood flat pallet exports in the Dominican Republic exceeded the figures recorded by the second-largest exporter, the United Arab Emirates, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood flat pallet exported from Venezuela were the Dominican Republic ($X), the United Arab Emirates ($X) and Nicaragua ($X). Moreover, wood flat pallet exports in the Dominican Republic exceeded the figures recorded by the second-largest exporter, the United Arab Emirates, threefold.

The Dominican Republic, with a CAGR of +25.1%, recorded the highest growth rate of the value of exports, in terms of 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 less than $X per unit in 2021, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to Nicaragua ($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 the Dominican Republic (+1.4%).

Wood Flat Pallet Imports

Imports into Venezuela

In 2021, overseas purchases of flat pallets and pallet collars of wood decreased by -69.6% to X units, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 288%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, wood flat pallet imports contracted markedly to $X in 2021. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 296%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Mexico (X units) and Austria (X units) were the main suppliers of wood flat pallet imports to Venezuela, with a combined 69% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +96.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood flat pallet suppliers to Venezuela were Mexico ($X), the United States ($X) and Austria ($X), together comprising 59% of total imports. France, Italy, Colombia, Spain and Canada lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, France, with a CAGR of +121.7%, recorded the highest rates of growth with regard to the value of imports, 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, picking up by 105% against the previous year. Overall, the import price, however, showed a deep slump. The growth pace was the most rapid in 2017 an increase of 209%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Spain ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+67.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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