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Industry Trends

The State of the Pallet Industry in San Diego: 2024 Report

June 7, 2024 · 8 min read

Industry TrendsJune 7, 20248 min readBy San Diego Pallet Co. Team

San Diego's pallet market is shaped by border trade, military logistics, and a growing warehouse sector. Here is what local businesses need to know about supply, pricing, and trends in 2024.

San Diego's Unique Position

San Diego sits at the intersection of several major logistics corridors. Cross-border trade with Mexico, one of the largest military installations in the country, a rapidly growing e-commerce fulfillment sector, and agricultural exports create a pallet market that behaves differently from other U.S. regions. Understanding these dynamics helps local businesses make smarter purchasing decisions.

Lumber Prices and New Pallet Costs

Southern pine lumber — the dominant species in new pallet manufacturing — saw significant volatility between 2022 and 2024. After the extreme pandemic-era spikes, prices have normalized but remain 15-20% above pre-2020 levels. This has pushed new pallet prices for standard GMA 48x40 to the $16-$24 range, making used pallets increasingly attractive. Local demand for used Grade A and B pallets has increased approximately 25% year over year.

The Used Pallet Supply Chain

San Diego benefits from a robust used pallet supply. Large retailers, distribution centers, and military logistics operations generate a steady stream of returned pallets. However, demand has been outpacing supply growth, particularly for Grade A used pallets. Lead times for large orders (500+ units) have extended from 1-2 days to 3-5 days compared to two years ago. Planning ahead has become more important.

Cross-Border Considerations

Businesses shipping to or receiving from Mexico face additional pallet requirements. ISPM 15 compliance is mandatory for wood packaging crossing the border in either direction. We have seen a notable increase in demand for heat-treated pallets as San Diego's maquiladora trade volume grows. Having an ISPM 15 certified supplier is essential for any cross-border operation.

Sustainability Trends in the Local Market

San Diego's progressive environmental policies are influencing the pallet industry. Several large local employers now require sustainability documentation from their pallet suppliers as part of vendor scorecards. Recycling rates for pallets in San Diego County have improved to an estimated 78%, up from 65% in 2020, driven by both environmental awareness and the economic value of recycled wood products.

What to Watch in the Second Half of 2024

Three trends are worth monitoring: continued tightening of used pallet supply as demand grows, potential new municipal regulations around wood waste disposal that could affect supply chain costs, and the growing adoption of pallet management software by mid-size operations. Businesses that lock in reliable supply relationships now will be better positioned as the market continues to tighten.

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