Eastern Asia: Box Pallet Market 2020

Box Pallet Market Size in Eastern Asia

The revenue of the box pallet market in Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, when market value increased by X% against the previous year. The level of box pallet consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Box Pallet Production in Eastern Asia

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) produced in Eastern Asia stood at X units, reducing by -X% against the previous year. The box pallet production continues to indicate a moderate descent. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the box pallet production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Box Pallet Exports in Eastern Asia

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) exported in Eastern Asia stood at X units, jumping by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, box pallet exports stood at $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet exports increased by +X% against 2013 indices. Over the period under review, the box pallet exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Box Pallet Exports by Country in Eastern Asia

China dominates box pallet exports structure, reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X units), mixed up X% share of total exports. The following exporters - South Korea (X units), China, Hong Kong SAR (X units) and Japan (X units) together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest box pallet supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Taiwan, Chinese (+X% per year).

Box Pallet Export Prices by Country in Eastern Asia

The box pallet export price in Eastern Asia stood at $X per thousand units in 2017, remaining relatively unchanged against the previous year. The box pallet export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the export prices for box pallets and load boards of wood (excluding flat pallets) attained its maximum level of $X per thousand units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Box Pallet Imports in Eastern Asia

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) imported in Eastern Asia amounted to X units, coming up by X% against the previous year. The total imports indicated a temperate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the box pallet imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, box pallet imports amounted to $X in 2017. The total imports indicated a pronounced growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet imports decreased by -X% against 2015 indices. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Box Pallet Imports by Country in Eastern Asia

In 2017, China (X units), South Korea (X units), Japan (X units), China, Hong Kong SAR (X units) and Taiwan, Chinese (X units) were the key importers of box pallets and load boards of wood (excluding flat pallets) in Eastern Asia, constituting X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and China, Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Japan and Taiwan, Chinese, which together accounted for a further X%.

In terms of the main importing countries , Taiwan, Chinese (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Box Pallet Import Prices by Country in Eastern Asia

The box pallet import price in Eastern Asia stood at $X per thousand units in 2017, remaining stable against the previous year. The box pallet import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% against the previous year. Over the period under review, the import prices for box pallets and load boards of wood (excluding flat pallets) reached its maximum level of $X per thousand units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China, Hong Kong SAR ($X per thousand units) and China ($X per thousand units), while Taiwan, Chinese ($X per thousand units) and South Korea ($X per thousand units) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform