United Arab Emirates: Wood Flat Pallet Market 2024

Wood Flat Pallet Market Size in the United Arab Emirates

The wood flat pallet market in the United Arab Emirates shrank to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase 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, consumption increased by X% against 2013 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Wood Flat Pallet Production in the United Arab Emirates

In value terms, wood flat pallet production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then contracted in the following year.

Wood Flat Pallet Exports

Exports from the United Arab Emirates

In 2022, wood flat pallet exports from the United Arab Emirates rose sharply to X units, with an increase of X% against 2021. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wood flat pallet exports skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Oman (X units) was the main destination for wood flat pallet exports from the United Arab Emirates, with a X% share of total exports. It was followed by Saudi Arabia (X units), with a X% share of total exports. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Japan (X% per year).

In value terms, Oman ($X) remains the key foreign market for flat pallets and pallet collars of wood exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Japan (X% per year).

Export Prices by Country

The average wood flat pallet export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, export price indicated moderate growth 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 was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per unit) and Bahrain ($X per unit), while the average price for exports to Qatar ($X per unit) and Saudi Arabia ($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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Flat Pallet Imports

Imports into the United Arab Emirates

In 2022, the amount of flat pallets and pallet collars of wood imported into the United Arab Emirates reduced to X units, declining by X% against the previous year. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, wood flat pallet imports skyrocketed to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of wood flat pallet imports to the United Arab Emirates, with a combined X% share of total imports. Bahrain, China, Saudi Arabia, Ireland, Poland, Spain, the United States, Canada, France and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood flat pallet suppliers to the United Arab Emirates were Italy ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total imports. Bahrain, China, Saudi Arabia, Ireland, Poland, Spain, the United States, Canada, France and South Korea lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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, jumping by X% against the previous year. Overall, import price indicated a noticeable 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 pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Saudi Arabia ($X per unit), while the price for Italy ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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