Wood Container and Pallet Market - Chinese Wood Container and Pallet Suppliers Are Strengthening Their Positions on the U.S. Market
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The U.S. ranks first in global imports of wood container and pallet, with a X% share (based on USD), followed by Germany (X%), France (X%) and the UK (X%).
A significant drop in 2008-2009 was followed by further growth over the next six years. In 2015, U.S. imports on the wood container and pallet market totaled X million USD, which was X million USD (X%) more than the year before. However, despite an increase, U.S. imports are still in the recovery phase of the economic cycle, and have to grow another X% in order to reach the pre-recession level of 2007.
China was the main supplier of wood container and pallet into the U.S., with a X% share of total U.S. imports in 2015, based on USD. It was followed by France (X%) and Canada (X%). China strengthened its position in the U.S. import structure by +X percentage points from 2007 to 2015, while Canada saw its share reduced by -X percentage points over the same period.
From 2007 to 2015, the U.S. was a net importer of wood container and pallet. However, exports grew faster than imports on average over the period under review. Moreover, net US imports of wood container and pallet showed a downward trend from 2014 to 2015. In 2015, the trade deficit in this industry decreased to X million USD.
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