IT MIGHT sound like déjà vu, but the price of new wooden pallets is expected to soar a further 18%, on top of the 18% rise seen in January.
Continued pressure on the availability of timber and issues with log felling licenses in Ireland have been cited as the main reasons for the nearly 40% recent price increase.
However, Jim Hardisty, MD of Goplasticpallets.com, commented: “As the price of wooden pallets continues to rise, the price gap with recycled plastic pallets is rapidly narrowing.
“We’re already seeing more widespread use of plastic pallets in the food and pharmaceutical industries – which has increased further since the Covid-19 pandemic, but the export market too is recognising the benefits of switching to plastic.”
