Costa Rica: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in Costa Rica

The Costa Rican wood flat pallet market shrank to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, posted a temperate increase. Wood flat pallet consumption peaked at $X in 2021, and then contracted in the following year.

Wood Flat Pallet Production in Costa Rica

In value terms, wood flat pallet production dropped to $X in 2022 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2022: its value 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, production increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021, and then dropped in the following year.

Wood Flat Pallet Exports

Exports from Costa Rica

Wood flat pallet exports from Costa Rica amounted to X units in 2022, with an increase of X% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood flat pallet exports soared to $X in 2022. The total export 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 in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Guatemala (X units) and Panama (X units) were the main destinations of wood flat pallet exports from Costa Rica, together accounting for X% of total exports. Honduras and Nicaragua lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood flat pallet exported from Costa Rica were the United States ($X), Guatemala ($X) and Panama ($X), together comprising X% of total exports. Honduras and Nicaragua lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Honduras, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 $X per unit in 2022, growing by X% against the previous year. Over the period under review, 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 growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($X per unit) and the United States ($X per unit), while the average price for exports to Honduras ($X per unit) and Panama ($X 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 Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Flat Pallet Imports

Imports into Costa Rica

In 2022, wood flat pallet imports into Costa Rica contracted sharply to X units, falling by X% on the year before. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wood flat pallet imports fell dramatically to $X in 2022. Over the period under review, imports faced a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Guatemala (X units), the United States (X units) and El Salvador (X units) were the main suppliers of wood flat pallet imports to Costa Rica, together comprising X% of total imports. Nicaragua, Spain, Chile and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest wood flat pallet suppliers to Costa Rica were Guatemala ($X), the United States ($X) and El Salvador ($X), with a combined X% share of total imports. Nicaragua, Spain, Chile and the Netherlands lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood flat pallet import price stood at $X per unit in 2022, growing by X% against the previous year. In general, import price indicated a resilient expansion 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 import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Chile ($X per unit), while the price for El Salvador ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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