Pallet timber prices rise amid market uncertainty

The Timber Packaging and Pallet Confederation (TIMCON) reports growing pressure on pallet and packaging wood prices due to shifting market dynamics. Recent market indexes show a clear upward trend. Some TIMCON members are also facing difficulties sourcing specific pallet wood sizes.

The independent AFRY Index recorded a 0.6% increase in UK home-grown pallet timber prices between March and April 2025. In Europe, Germany’s HPE Index showed a rise of more than 7.1% for pallet timber and 7% for packaging timber between January and April.

The European Federation of Wooden Pallet and Packaging Manufacturers (FEFPEB) confirmed the upward trend, citing industry sources who note the increase is happening “without a rise in underlying demand.” It suggests global economic uncertainty may be prompting stockpiling in some sectors.

TIMCON Secretary General, Stuart Hex, said: “The indexes show a clear upward pattern, reflecting the significant pressure reported by some of our members. These include rising costs, unpredictable demand and broader market volatility. We’re closely monitoring the situation and keeping our members informed.”

For more information on the Timber Packaging and Pallet Confederation (TIMCON), see www.timcon.org.