2023 Used Pallet Pricing Across the United States Report

On December 12, 2023

2023 Used Pallet Pricing Across the United States

After seeing all time highs in 2021-2022 pallet prices began to drop down the lower prices across the board in 2023. While this was great for companies purchasing pallets, many pallet yards were hit hard by this sudden drop.

 

Pricing Factors

The lower prices in 2023 came as s shock to many pallet yards. Although it is not so much a price drop but more so aa stabilization and return to normal price correction. Supply chain issues and the pandemic had caused prices to sky rocket. Which in turn let to a flood of Venture Capital money and accusation’s in the pallet industry. This allowed larger players in the industry’s such as 48 Forty and Kamps Pallets to open dozens of new location across the united states. Additionally many more smaller yards opened up as they were trying to capitalize on this pallet gold rush. That lead to an oversupply of pallets and an increase in production of used wooden pallets.

In 2021 supply was the issues for pallet yards, in 2023 demand has become the problem. Many yards have had to drop prices significantly and companies and able to find used pallets at cheaper prices. This trend will likely continue into 2024.

Below is the average prices we sold pallets at in each state

 

  • January 2023:
    • New: $7.59
    • Grade A: $5.47
    • Grade B: $3.69
    • Pallet Cores: $1.13
  • February 2023:
    • New: $7.56
    • Grade A: $5.45
    • Grade B: $3.67
    • Pallet Cores: $1.12
  • March 2023:
    • New: $7.54
    • Grade A: $5.44
    • Grade B: $3.66
    • Pallet Cores: $1.11
  • April 2023:
    • New: $7.51
    • Grade A: $5.42
    • Grade B: $3.64
    • Pallet Cores: $1.10
  • May 2023:
    • New: $7.49
    • Grade A: $5.41
    • Grade B: $3.63
    • Pallet Cores: $1.09
  • June 2023:
    • New: $7.46
    • Grade A: $5.39
    • Grade B: $3.61
    • Pallet Cores: $1.08
  • July 2023:
    • New: $7.44
    • Grade A: $5.38
    • Grade B: $3.60
    • Pallet Cores: $1.07
  • August 2023:
    • New: $7.41
    • Grade A: $5.36
    • Grade B: $3.58
    • Pallet Cores: $1.06
  • September 2023:
    • New: $7.38
    • Grade A: $5.34
    • Grade B: $3.57
    • Pallet Cores: $1.05
  • October 2023:
    • New: $7.36
    • Grade A: $5.33
    • Grade B: $3.56
    • Pallet Cores: $1.04
  • November 2023:
    • New: $7.33
    • Grade A: $5.31
    • Grade B: $3.54
    • Pallet Cores: $1.03
  • December 2023:
    • New: $7.31
    • Grade A: $5.30
    • Grade B: $3.53
    • Pallet Cores: $1.02

 

 

National Average

  • Total Average New Pallet Price ≈ $7.45
  • Total Average Grade A Pallet Price ≈ $5.48 (rounded to two decimal places)
  • Total Average Grade B Pallet Price ≈ $3.70 (rounded to two decimal places)
  • Total Average Pallet Cores Price ≈ $1.08 (rounded to two decimal places)

 

Price By State

Alabama
New: $7.25
Grade A: $5.15
Grade B: $3.75
Pallet Cores: $1.15

Alaska
New: $8.50
Grade A: $6.50
Grade B: $4.50
Pallet Cores: $1.50

Arizona
New: $6.50
Grade A: $4.50
Grade B: $3
Pallet Cores: $0.75

Arkansas
New: $5.50
Grade A: $4.50
Grade B: $3
Pallet Cores: $0.75

California
New: $8.77
Grade A: $7
Grade B: $5.50
Pallet Cores: $2

Colorado
New: $7.25
Grade A: $6.75
Grade B: $4.25
Pallet Cores: $1.75

Connecticut
New: $8.50
Grade A: $6.50
Grade B: $4
Pallet Cores: $1.50

Delaware
New: $8.25
Grade A: $7.25
Grade B: $3.75
Pallet Cores: $1.10

Florida
New: $8
Grade A: $6
Grade B: $4.50
Pallet Cores: $1

Georgia
New: $8.75
Grade A: $6.75
Grade B: $3.25
Pallet Cores: $0.90

Hawaii
New: $9.50
Grade A: $7.50
Grade B: $5
Pallet Cores: $1.75

Idaho
New: $7.25
Grade A: $5.25
Grade B: $3
Pallet Cores: $1.50

Illinois
New: $7
Grade A: $5
Grade B: $3.50
Pallet Cores: $1

Indiana
New: $7.75
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Iowa
New: $7.75
Grade A: $5.75
Grade B: $4.25
Pallet Cores: $0.90

Kansas
New: $8.75
Grade A: $6.75
Grade B: $3.25
Pallet Cores: $0.90

Kentucky
New: $8.75
Grade A: $7.75
Grade B: $5.25
Pallet Cores: $1.90

Louisiana
New: $7.75
Grade A: $5.75
Grade B: $3.25
Pallet Cores: $0.90

Maine
New: $8.25
Grade A: $7.25
Grade B: $6
Pallet Cores: $1.50

Maryland
New: $7.25
Grade A: $5.25
Grade B: $3.75
Pallet Cores: $1.10

Massachusetts
New: $7.50
Grade A: $6.50
Grade B: $4
Pallet Cores: $1.50

Michigan
New: $8.75
Grade A: $6.75
Grade B: $ 5.25
Pallet Cores: $1

Minnesota
New: $7.50
Grade A: $5.50
Grade B: $3.50
Pallet Cores: $0.75

Mississippi
New: $7.75
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $1

Missouri
New: $8.75
Grade A: $5.75
Grade B: $3.25
Pallet Cores: $1

Montana
New: $8.25
Grade A: $5.25
Grade B: $3
Pallet Cores: $1

Nebraska
New: $8.35
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $1

Nevada
New: $7.50
Grade A: $4.50
Grade B: $3
Pallet Cores: $0.75

New Hampshire
New: $7.75
Grade A: $5.75
Grade B: $3.25
Pallet Cores: $0.90

New Jersey
New: $7
Grade A: $5.25
Grade B: $3.75
Pallet Cores: $1.10

New Mexico
New: $5.50
Grade A: $4.50
Grade B: $3
Pallet Cores: $0.75

New York
New: $6.50
Grade A: $5.50
Grade B: $4
Pallet Cores: $1.50

North Carolina
New: $5.75
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

North Dakota
New: $9.00
Grade A: $4.25
Grade B: $3
Pallet Cores: $0.65

Ohio
New: $7.95
Grade A: $5
Grade B: $3.50
Pallet Cores: $1

Oklahoma
New: $8.21
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Oregon
New: $8
Grade A: $5
Grade B: $3.50
Pallet Cores: $1

Pennsylvania
New: $8
Grade A: $5
Grade B: $3.50
Pallet Cores: $1

Rhode Island
New: $7.50
Grade A: $5.50
Grade B: $4
Pallet Cores: $1.50

South Carolina
New: $6.25
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

South Dakota
New: $5.25
Grade A: $4.25
Grade B: $3
Pallet Cores: $0.65

Tennessee
New: $5.75
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Texas
New: $7.25
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Utah
New: $7.25
Grade A: $4.50
Grade B: $3
Pallet Cores: $0.75

Vermont
New: $8.56
Grade A: $4.25
Grade B: $3
Pallet Cores: $0.65

Virginia
New: $7.65
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Washington
New: $7.59
Grade A: $5.25
Grade B: $3.75
Pallet Cores: $1.10

West Virginia
New: $7.75
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Wisconsin
New: $7.85
Grade A: $4.75
Grade B: $3.25
Pallet Cores: $0.90

Wyoming
New: $7
Grade A: $4.25
Grade B: $3
Pallet Cores: $0.65

 

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