Vietnam - Flat Pallets And Pallet Collars Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Flat Pallet Price in Vietnam - 2021
Contents:
- Wood Flat Pallet Price in Vietnam (FOB) - 2022
- Wood Flat Pallet Price in Vietnam (CIF) - 2022
- Wood Flat Pallet Exports in Vietnam
- Wood Flat Pallet Imports in Vietnam
Wood Flat Pallet Price in Vietnam (FOB) - 2022
In 2022, the average wood flat pallet export price amounted to $6.9 per unit, reducing by -30.5% against the previous year. In general, the export price recorded a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 33%. As a result, the export price attained the peak level of $10 per unit, and then shrank sharply in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($7.5 per unit) and Denmark ($7.5 per unit), while the average price for exports to Thailand ($5.7 per unit) and the United States ($6.1 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 Denmark (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Flat Pallet Price in Vietnam (CIF) - 2022
In 2022, the average wood flat pallet import price amounted to $7.8 per unit, which is down by -22.3% against the previous year. In general, the import price recorded a noticeable contraction. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. As a result, import price reached the peak level of $10 per unit, and then fell remarkably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($10 per unit) and Thailand ($10 per unit), while the price for Singapore ($7.3 per unit) and Germany ($7.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Flat Pallet Exports in Vietnam
In 2022, shipments abroad of flat pallets and pallet collars of wood decreased by -11.9% to 1.1M units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports reached the peak of 1.3M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wood flat pallet exports shrank remarkably to $7.7M in 2022. Over the period under review, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $13M, and then reduced dramatically in the following year.
| Export of Wood Flat Pallet in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,749 | 3,018 | 1,108 | 1,636 | -15.9% |
| South Korea | 619 | 1,206 | 994 | 1,397 | 31.2% |
| Germany | 1,382 | 1,720 | 767 | 1,078 | -7.9% |
| Japan | 376 | 637 | 369 | 519 | 11.3% |
| Singapore | 24.9 | 67.6 | 255 | 359 | 143.4% |
| Denmark | 30.8 | 352 | 200 | 280 | 108.7% |
| Netherlands | 308 | 231 | 153 | 215 | -11.3% |
| United Kingdom | 255 | 199 | 143 | 201 | -7.6% |
| Cambodia | 348 | 315 | 133 | 191 | -18.1% |
| Canada | 68.1 | 232 | 134 | 189 | 40.5% |
| Taiwan (Chinese) | 342 | 165 | 131 | 183 | -18.8% |
| Italy | 82.2 | 276 | 128 | 180 | 29.9% |
| Thailand | 563 | 121 | 23.2 | 144 | -36.5% |
| Others | 1,467 | 1,462 | 7,971 | 1,081 | -9.7% |
| Total | 8,615 | 10,002 | 12,510 | 7,654 | -3.9% |
Top Export Markets for Wood Flat Pallet from Vietnam in 2022:
- United States (268.5K units)
- South Korea (186.8K units)
- Germany (154.9K units)
- Japan (69.3K units)
- Singapore (47.9K units)
- Denmark (37.5K units)
- Cambodia (31.2K units)
- Netherlands (28.8K units)
- United Kingdom (26.9K units)
- Taiwan (Chinese) (25.6K units)
- Canada (25.2K units)
- Thailand (25.2K units)
- Italy (24.1K units)
Wood Flat Pallet Imports in Vietnam
In 2022, approx. 368K units of flat pallets and pallet collars of wood were imported into Vietnam; with an increase of 129% compared with 2021 figures. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, imports reached the peak of 576K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wood flat pallet imports skyrocketed to $2.9M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 182% against the previous year. As a result, imports reached the peak of $4.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wood Flat Pallet in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 526 | 1,853 | 725 | 1,151 | 29.8% |
| Singapore | 558 | 906 | 587 | 917 | 18.0% |
| Germany | 11.6 | 856 | 23.7 | 296 | 194.4% |
| South Korea | 195 | 307 | 116 | 224 | 4.7% |
| Thailand | 15.2 | 46.3 | 93.9 | 147 | 113.1% |
| Latvia | 17.5 | 52.2 | 50.2 | 78.4 | 64.9% |
| Others | 153 | 136 | 26.6 | 75.7 | -20.9% |
| Total | 1,476 | 4,156 | 1,622 | 2,889 | 25.1% |
Top Suppliers of Wood Flat Pallet to Vietnam in 2022:
- China (142.5K units)
- Singapore (125.9K units)
- Germany (40.2K units)
- South Korea (28.0K units)
- Thailand (14.4K units)
- Latvia (7.7K units)
This report provides an in-depth analysis of the wood flat pallet market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
-
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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