Thailand - Flat Pallets And Pallet Collars Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Flat Pallet Price in Thailand - 2023
Contents:
- Wood Flat Pallet Price in Thailand (FOB) - 2022
- Wood Flat Pallet Price in Thailand (CIF) - 2022
- Wood Flat Pallet Exports in Thailand
- Wood Flat Pallet Imports in Thailand
Wood Flat Pallet Price in Thailand (FOB) - 2022
In 2022, the average wood flat pallet export price amounted to $11 per unit, dropping by -4.3% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood flat pallet export price increased by +61.1% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $12 per unit in 2021, and then shrank slightly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($11 per unit) and Lao People's Democratic Republic ($11 per unit), while the average price for exports to France ($10 per unit) and Singapore ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Flat Pallet Price in Thailand (CIF) - 2022
The average wood flat pallet import price stood at $11 per unit in 2022, which is down by -6.7% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 52% against the previous year. Over the period under review, average import prices reached the peak figure at $12 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($12 per unit) and Vietnam ($12 per unit), while the price for France ($9.8 per unit) and the Philippines ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Flat Pallet Exports in Thailand
Wood flat pallet exports from Thailand dropped remarkably to 283K units in 2022, declining by -60.5% against the year before. Overall, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked at 1.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wood flat pallet exports contracted rapidly to $3.2M in 2022. In general, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 49%. Over the period under review, the exports attained the maximum at $8.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wood Flat Pallet in Thailand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,385 | 1,367 | 1,678 | 691 | -20.7% |
France | 62.2 | 71.3 | 711 | 411 | 87.7% |
China | 854 | 687 | 1,194 | 340 | -26.4% |
Japan | 2,171 | 402 | 786 | 296 | -48.5% |
Singapore | 392 | 495 | 1,064 | 259 | -12.9% |
South Korea | 855 | 405 | 783 | 125 | -47.3% |
Norway | 22.6 | 218 | 211 | 121 | 74.9% |
Sweden | 235 | 217 | 85.4 | 112 | -21.9% |
Cambodia | 118 | 201 | 205 | 101 | -5.1% |
Belgium | 372 | 52.3 | 188 | 96.0 | -36.3% |
Malaysia | 230 | 126 | 386 | 87.2 | -27.6% |
Lao People's Democratic Republic | 207 | 145 | 177 | 69.1 | -30.6% |
Poland | 2.2 | 17.0 | 55.8 | 57.7 | 197.1% |
Others | 2,002 | 1,228 | 870 | 408 | -41.2% |
Total | 8,908 | 5,632 | 8,393 | 3,176 | -29.1% |
Top Export Markets for Wood Flat Pallet from Thailand in 2022:
- India (61.5K units)
- France (39.2K units)
- China (30.2K units)
- Japan (26.3K units)
- Singapore (23.0K units)
- South Korea (11.1K units)
- Norway (10.8K units)
- Sweden (10.0K units)
- Cambodia (9.0K units)
- Belgium (8.5K units)
- Malaysia (7.8K units)
- Lao People's Democratic Republic (6.1K units)
- Poland (5.1K units)
Wood Flat Pallet Imports in Thailand
In 2022, approx. 247K units of flat pallets and pallet collars of wood were imported into Thailand; dropping by -48.2% against 2021. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 9.8%. Imports peaked at 596K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wood flat pallet imports shrank markedly to $2.8M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $5.8M, and then reduced markedly in the following year.
Import of Wood Flat Pallet in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,615 | 1,435 | 2,282 | 1,085 | -12.4% |
China | 1,288 | 932 | 1,396 | 506 | -26.8% |
Malaysia | 532 | 354 | 279 | 204 | -27.3% |
Denmark | 189 | 228 | 215 | 156 | -6.2% |
Latvia | 51.4 | 151 | 512 | 140 | 39.7% |
France | N/A | 0.1 | N/A | 133 | 3546.9% |
Philippines | N/A | N/A | 0.1 | 40.8 | 40700.0% |
Japan | 146 | 100 | 48.2 | 26.8 | -43.2% |
Vietnam | 452 | 23.3 | N/A | 10.6 | -71.4% |
Germany | 123 | 122 | 75.3 | 2.0 | -74.7% |
Others | 312 | 1,850 | 1,019 | 511 | 17.9% |
Total | 4,707 | 5,195 | 5,827 | 2,815 | -15.7% |
Top Suppliers of Wood Flat Pallet to Thailand in 2022:
- Sweden (94.3K units)
- China (43.9K units)
- Malaysia (17.7K units)
- Denmark (13.5K units)
- France (13.5K units)
- Latvia (12.1K units)
- Philippines (3.8K units)
- Japan (2.3K units)
- Vietnam (0.9K units)
- Germany (0.2K units)
This report provides an in-depth analysis of the wood flat pallet market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16241133 - Flat pallets and pallet collars of wood
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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