Overview of the Market for Wood Container and Pallet in the USA
In value terms, wood container and pallet production rose rapidly to $ in . The total output value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by % y-o-y. Wood container and pallet production peaked in and is likely to see steady growth in years to come.
The size of the wood container and pallet market in the U.S. expanded significantly to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2013 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by % year-to-year. Wood container and pallet consumption peaked at $ in 2018; afterwards, it flattened through to .