Australia and Oceania: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in Australia and Oceania

In 2022, after two years of growth, there was decline in the wood flat pallet market in Australia and Oceania, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted in the following year.

Wood Flat Pallet Production in Australia and Oceania

In value terms, wood flat pallet production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then shrank in the following year.

Wood Flat Pallet Exports

Exports in Australia and Oceania

In 2022, exports of flat pallets and pallet collars of wood in Australia and Oceania shrank to X units, which is down by X% on the previous year. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, wood flat pallet exports rose notably to $X in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Australia represented the major exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by New Zealand (X units), achieving a X% share of total exports. Fiji (X units) took a minor share of total exports.

Australia was also the fastest-growing in terms of the flat pallets and pallet collars of wood exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Fiji experienced a relatively flat trend pattern. While the share of Fiji (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest wood flat pallet supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Wood Flat Pallet Imports

Imports in Australia and Oceania

In 2022, the amount of flat pallets and pallet collars of wood imported in Australia and Oceania rose markedly to X units, with an increase of X% on 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, wood flat pallet imports skyrocketed to $X in 2022. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Australia dominates imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), committing an X% share of total imports.

Australia was also the fastest-growing in terms of the flat pallets and pallet collars of wood imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported flat pallets and pallet collars of wood in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :