Expected regain in the market of wooden pallet production in 2010

With a recovery of world economics after the global financial and economic crisis of 2008-2009, some growth in the market of wooden pallets observed. The information about the market of wooden pallets looks optimistic in the media. According to the German pallet and packaging association HPE, German pallet output is projected to rise by up to 13 % in comparison with 2009. The association HPE unites a large majority of German pallet manufacturers including EURO standard pallet manufacturer association EPAL and CP standard pallet producers.

Some manufacturers of EURO standard pallets and CP standard pallets are UAB Juodeliai clients. According to the directors of the company, the success of their clients‘ business in the rallying market and conducive cooperation with them are advantageously impacting the operation of UAB Juodeliai. It is estimated that in 2010 the output of UAB Juodeliai will increase by 33,33 % compared with the previous year.