2021 was no typical year due to supply chain shortages, inflation, and record high lumber prices. When it comes to predicting what will happen with lumber prices in 2022 Industry experts cannot agree on what lumber prices will do this spring, leaving you worried about your budget. Let us help you understand what is driving lumber prices and how Plastic Pallet Pros can help your bottom line.
The December 15, 2021 article “Will Lumber Prices Increase in 2022” indicates there are four major reasons leading to an increase in lumber prices:
- Heavy rains and flooding in lumber country
- Wildfires in the western United States
- Labor shortages at sawmills
- Transportation costs and trucking industry disruption
Looking back over 2021 we know the lumber industry hit an all time high, followed by a sharp drop in the fall. However, as uncertainty remains high in the third year of the COVID-19 pandemic there is no indication that prices will continue to fall. In fact, spring home builds are expected to drive costs up as early as March 2022.
When manufacturers consider all of these factors it appears there is little to no relief on the horizon for the wood packaging industry, however the plastic pallet industry is experiencing a different story.
Our sales experts predict that as lumber, and subsequently wood pallet, costs rise in 2022 the price gap for recycled plastic pallets will narrow. Plastic pallet use is already increasing in pharmaceutical and food industrustries and the export market is taking notice.
We at Plastic Pallet Pros are sensitive to your concern over rising pallet costs. Our team of experts is on standby offering:
- Superior customer service
- Access to an extensive supplier network
- And comprehensive understanding of plastic pallet solutions designed to fit every need
We are confident that we can find the type of recycled, stackable, rackable or nestable plastic pallets to fit your needs. For expert pallet advice call 1-877-651-7816 or send us an email on our contact page.
