GLOBAL PALLETS Industry Study #3828 | May 2020
This Freedonia industry study analyzes the 5.3 billion unit global pallet industry. It presents historical demand data and forecasts (2024) by material (wood, plastic, corrugated and molded pulp, and metal) market (manufacturing, warehousing, construction, and other markets) and region. Demand by material and market are provided in unit terms, while demand totals at the country level are also provided in US dollar and local currency terms.
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3. Pallet Management & Usage 38
Pallet Stock 38
Pallet Lifespans 41
4. Products 47
Lumber 53
Plastic 56
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New vs. Recycled Resin 60
Corrugated & Molded Pulp (Presswood) 61
Metal (Steel, Aluminum) 63
North America: Supply & Demand 81
North America: Demand by Material 83
North America: Demand by Market 84
United States 85
United States: Supply & Demand 86
United States: Demand by Material & Market 87
Canada 88
Canada: Supply & Demand 89
Mexico 91
Mexico: Supply & Demand 92
7. Central & South America 94
Central & South America: Pallet Market Size 94
Central & South America: Supply & Demand 96
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Brazil 100
Brazil: Supply & Demand 101
Other Central & South America 103
Other Central & South America: Pallet Market Size 103
Other Central & South America: Supply & Demand 104
Other Central & South America: Demand by Material & Market 105
8. Western Europe 106
Western Europe: Supply & Demand 108
Western Europe: Demand by Material 110
Western Europe: Demand by Market 111
Germany 112
Germany: Supply & Demand 114
Italy 116
Italy: Supply & Demand 117
United Kingdom 119
United Kingdom: Supply & Demand 120
United Kingdom: Demand by Material & Market 121
France 122
France: Supply & Demand 123
Spain 125
Spain: Supply & Demand 126
Netherlands 128
Netherlands: Supply & Demand 129
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Switzerland: Supply & Demand 132
Sweden 134
Sweden: Supply & Demand 135
Other Western Europe 137
Other Western Europe: Supply & Demand 138
Other Western Europe: Demand by Material & Market 139
9. Eastern Europe 140
Eastern Europe: Supply & Demand 142
Eastern Europe: Demand by Material 144
Eastern Europe: Demand by Market 145
Russia 146
Russia: Supply & Demand 147
Poland 149
Poland: Supply & Demand 150
Czech Republic 152
Czech Republic: Supply & Demand 153
Czech Republic: Demand by Material & Market 154
Other Eastern Europe 155
Other Eastern Europe: Supply & Demand 156
Other Eastern Europe: Demand by Material & Market 157
10. Asia/Pacific 158
Asia/Pacific: Supply & Demand 160
China 164
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China: Supply & Demand 165
Japan 168
Japan: Supply & Demand 169
India 171
India: Supply & Demand 172
Indonesia 174
Indonesia: Supply & Demand 175
South Korea 177
South Korea: Supply & Demand 178
South Korea: Demand by Material & Market 179
Taiwan 180
Taiwan: Supply & Demand 181
Australia 183
Australia: Supply & Demand 184
Other Asia/Pacific 186
Other Asia/Pacific: Supply & Demand 187
Other Asia/Pacific: Demand by Material & Market 188
11. Africa/Mideast 189
Africa/Mideast: Supply & Demand 191
Turkey 195
Turkey: Supply & Demand 196
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South Africa: Supply & Demand 199
South Africa: Demand by Material & Market 200
Other Africa/Mideast 201
Other Africa/Mideast: Supply & Demand 202
Other Africa/Mideast: Demand by Material & Market 203
12. Industry Structure 204
Market Share 210
Mergers & Acquisitions 216
13. Appendix 223
Macroeconomic Assumptions 255
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List of Tables
2. Supply & Demand
Table 2-1 | Global Pallet Demand by Region, 2009 – 2024 (million units & million dollars) 20
Table 2-2 | Global Pallet Production by Region, 2009 – 2024 (million units) 22
Table 2-3 | Global Pallet Net Exports by Region, 2009 – 2024 (million units) 24
Table 2-4 | Average Pallet Prices by Material & Region, 2009 – 2024 (dollars per unit) 28
Table 2-5 | Competitive Products: Advantages & Disadvantages 33
3. Pallet Management & Usage
Table 3-1 | Global Pallet Stock by Region, 2009 – 2024 (million units) 39
Table 3-2 | Global Pallet Trips by Region, 2009 – 2024 (millions) 43
4. Products
Table 4-1 | Global Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 48
Table 4-2 | Global Wood Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 51
Table 4-3 | Global Wood Pallet Demand by Material & Type, 2009 – 2024 (million units) 52
Table 4-4 | Global Plastic Pallet Demand by Region, 2009 – 2024 (million units) 56
Table 4-5 | Global Plastic Pallet Demand by Resin Type, 2009 – 2024 (million units &
million dollars) 58
Table 4-6 | Global Corrugated & Molded Pulp Pallet Demand by Region, 2009 – 2024
(million units & million dollars) 62
Table 4-7 | Global Metal Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 64
5. Markets
Table 5-1 | Global Pallet Demand by Market, 2009 – 2024 (million units) 65
Table 5-2 | Global Manufacturing Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 66
Table 5-3 | Global Manufacturing Pallet Demand by Material, 2009 – 2024 (million units
& million dollars) 67
Table 5-4 | Global Manufacturing Pallet Demand by Industry, 2009 – 2024 (million units) 68
Table 5-5 | Global Food & Beverage Manufacturing Pallet Demand by Region, 2009 –
2024 (million units & million dollars) 69
Table 5-6 | Global Transportation Equipment Manufacturing Pallet Demand by Region,
2009 – 2024 (million units & million dollars) 70
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List of Tables (continued)
Table 5-7 | Global Chemical Manufacturing Pallet Demand by Region, 2009 – 2024
(million units & million dollars) 71
Table 5-8 | Other Global Manufacturing Pallet Demand by Region, 2009 – 2024
(million units & million dollars) 72
Table 5-9 | Global Warehousing Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 74
Table 5-10 | Global Construction Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 76
Table 5-11 | Other Global Pallet Demand by Region, 2009 – 2024 (million units &
million dollars) 78
6. North America
Table 6-1 | North America: Pallet Supply & Demand, 2009 – 2024 (million units) 82
Table 6-2 | North America: Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 83
Table 6-3 | North America: Pallet Demand by Market, 2009 – 2024 (million units) 84
Table 6-4 | United States: Pallet Supply & Demand, 2009 – 2024 (million units) 87
Table 6-5 | United States: Pallet Demand by Material & Market, 2009 – 2024
(million units & million dollars) 87
Table 6-6 | Canada: Pallet Supply & Demand, 2009 – 2024 (million units) 89
Table 6-7 | Canada: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million US dollars, & million Canadian dollars) 90
Table 6-8 | Mexico: Pallet Supply & Demand, 2009 – 2024 (million units) 92
Table 6-9 | Mexico: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & billion pesos) 93
7. Central & South America
Table 7-1 | Central & South America: Pallet Supply & Demand, 2009 – 2024
(million units) 97
Table 7-2 | Central & South America: Pallet Demand by Material, 2009 – 2024
(million units & million dollars) 98
Table 7-3 | Central & South America: Pallet Demand by Market, 2009 – 2024
(million units) 99
Table 7-4 | Brazil: Pallet Supply & Demand, 2009 – 2024 (million units) 101
Table 7-5 | Brazil: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million real) 102
Table 7-6 | Other Central & South America: Pallet Supply & Demand, 2009 – 2024
(million units) 104
Table 7-7 | Other Central & South America: Pallet Demand by Material & Market, 2009
– 2024 (million units & million dollars) 105
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8. Western Europe
Table 8-1 | Western Europe: Pallet Supply & Demand, 2009 – 2024 (million units) 109
Table 8-2 | Western Europe: Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 110
Table 8-3 | Western Europe: Pallet Demand by Market, 2009 – 2024 (million units) 111
Table 8-4 | Germany: Pallet Supply & Demand, 2009 – 2024 (million units) 114
Table 8-5 | Germany: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million euros) 115
Table 8-6 | Italy: Pallet Supply & Demand, 2009 – 2024 (million units) 117
Table 8-7 | Italy: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million euros) 118
Table 8-8 | United Kingdom: Pallet Supply & Demand, 2009 – 2024 (million units) 120
Table 8-9 | United Kingdom: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & million pounds) 121
Table 8-10 | France: Pallet Supply & Demand, 2009 – 2024 (million units) 123
Table 8-11 | France: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million euros) 124
Table 8-12 | Spain: Pallet Supply & Demand, 2009 – 2024 (million units) 126
Table 8-13 | Spain: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million euros) 127
Table 8-14 | Netherlands: Pallet Supply & Demand, 2009 – 2024 (million units) 129
Table 8-15 | Netherlands: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & million euros) 130
Table 8-16 | Switzerland: Pallet Supply & Demand, 2009 – 2024 (million units) 132
Table 8-17 | Switzerland: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & million Swiss francs) 133
Table 8-18 | Sweden: Pallet Supply & Demand, 2009 – 2024 (million units) 135
Table 8-19 | Sweden: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million krona) 136
Table 8-20 | Other Western Europe: Pallet Supply & Demand, 2009 – 2024
(million units) 138
Table 8-21 | Other Western Europe: Pallet Demand by Material & Market, 2009 – 2024
(million units & million dollars) 139
9. Eastern Europe
Table 9-1 | Eastern Europe: Pallet Supply & Demand, 2009 – 2024 (million units) 143
Table 9-2 | Eastern Europe: Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 144
Table 9-3 | Eastern Europe: Pallet Demand by Market, 2009 – 2024 (million units) 145
Table 9-4 | Russia: Pallet Supply & Demand, 2009 – 2024 (million units) 147
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List of Tables (continued)
Table 9-5 | Russia: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & billion rubles) 148
Table 9-6 | Poland: Pallet Supply & Demand, 2009 – 2024 (million units) 150
Table 9-7 | Poland: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million zoty) 151
Table 9-8 | Czech Republic: Pallet Supply & Demand, 2009 – 2024 (million units) 153
Table 9-9 | Czech Republic: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & billion koruna) 154
Table 9-10 | Other Eastern Europe: Pallet Supply & Demand, 2009 – 2024 (million units) 156
Table 9-11 | Other Eastern Europe: Pallet Demand by Material & Market, 2009 – 2024
(million units & million dollars) 157
10. Asia/Pacific
Table 10-1 | Asia/Pacific: Pallet Supply & Demand, 2009 – 2024 (million units) 161
Table 10-2 | Asia/Pacific: Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 162
Table 10-3 | Asia/Pacific: Pallet Demand by Market, 2009 – 2024 (million units) 163
Table 10-4 | China: Pallet Supply & Demand, 2009 – 2024 (million units) 166
Table 10-5 | China: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & billion yuan) 167
Table 10-6 | Japan: Pallet Supply & Demand, 2009 – 2024 (million units) 169
Table 10-7 | Japan: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & billion yen) 170
Table 10-8 | India: Pallet Supply & Demand, 2009 – 2024 (million units) 172
Table 10-9 | India: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & billion rupees) 173
Table 10-10 | Indonesia: Pallet Supply & Demand, 2009 – 2024 (million units) 175
Table 10-11 | Indonesia: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & billion rupiah) 176
Table 10-12 | South Korea: Pallet Supply & Demand, 2009 – 2024 (million units) 178
Table 10-13 | South Korea: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & billion won) 179
Table 10-14 | Taiwan: Pallet Supply & Demand, 2009 – 2024 (million units) 181
Table 10-15 | Taiwan: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million US dollars, & billion Taiwanese dollars) 182
Table 10-16 | Australia: Pallet Supply & Demand, 2009 – 2024 (million units) 184
Table 10-17 | Australia: Pallet Demand by Material & Market, 2009 – 2024
(million units, million US dollars, & million Australian dollars) 185
Table 10-18 | Other Asia/Pacific: Pallet Supply & Demand, 2009 – 2024 (million units) 187
Table 10-19 | Other Asia/Pacific: Pallet Demand by Material & Market, 2009 – 2024
(million units & million dollars) 188
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11. Africa/Mideast
Table 11-1 | Africa/Mideast: Pallet Supply & Demand, 2009 – 2024 (million units) 192
Table 11-2 | Africa/Mideast: Pallet Demand by Material, 2009 – 2024 (million units &
million dollars) 193
Table 11-3 | Africa/Mideast: Pallet Demand by Market, 2009 – 2024 (million units) 194
Table 11-4 | Turkey: Pallet Supply & Demand, 2009 – 2024 (million units) 196
Table 11-5 | Turkey: Pallet Demand by Material & Market, 2009 – 2024 (million units,
million dollars, & million lira) 197
Table 11-6 | South Africa: Pallet Supply & Demand, 2009 – 2024 (million units) 199
Table 11-7 | South Africa: Pallet Demand by Material & Market, 2009 – 2024
(million units, million dollars, & million rand) 200
Table 11-8 | Other Africa/Mideast: Pallet Supply & Demand, 2009 – 2024 (million units) 202
Table 11-9 | Other Africa/Mideast: Pallet Demand by Material & Market, 2009 – 2024
(million units & million dollars) 203
12. Industry Structure
Table 12-1 | Global Pallet Sales by Company, 2019 (million dollars) 205
Table 12-2 | Selected Mergers & Acquisitions 216
Table 12-3 | Selected Industry Participants 217
13. Appendix
Table 13-4 | Abbreviations & Acronyms Used in Study 229
Table 13-5 | Countries in North America 251
Table 13-6 | Countries in Central & South America 251
Table 13-7 | Countries in Western Europe 252
Table 13-8 | Countries in Eastern Europe 252
Table 13-9 | Countries in the Asia/Pacific Region 253
Table 13-10 | Countries in the Africa/Mideast Region 254
Table 13-11 | January 2020 Global Gross Domestic Product by Region & Country, 2009 –
2024 (billion 2018 dollars) 257
Table 13-12 | Global Population by Region & Country, 2009 – 2024 (million persons) 261
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2. Supply & Demand
Figure 2-1 | Scope: Pallet Materials 18
Figure 2-2 | Global Pallet Demand by Region, 2009 – 2024 (million units) 20
Figure 2-3 | Global Pallet Production by Region, 2009 – 2024 (million units) 22
Figure 2-4 | Average Pallet Prices by Material, 2009 – 2024 (dollars per unit) 28
Figure 2-5 | Competitive Product Examples 35
3. Pallet Management & Usage
Figure 3-1 | Global Pallet Stock by Region, 2009 – 2024 (million units) 39
Figure 3-2 | Pallet Demand Per Stock by Region, 2019 (dollars per unit stock) 41
Figure 3-3 | Pallet Lifespan by Material (average number of trips) 44
4. Products
Figure 4-1 | Global Pallet Demand by Material, 2009 – 2024 (million units) 48
Figure 4-2 | Wood Stringer & Block Pallets: Advantages & Disadvantages 50
Figure 4-3 | New Wood vs. Refurbished Wood Pallets, 2009 – 2024 (million units) 55
6. North America
Figure 6-1 | North America: Key Indicators for Pallet Demand 79
Figure 6-2 | North America: Pallet Demand, 2009 – 2019 (million units) 80
Figure 6-3 | United States: Key Indicators for Pallet Demand 85
Figure 6-4 | United States: Pallet Demand, 2009 – 2019 (million units) 86
Figure 6-5 | Canada: Key Indicators for Pallet Demand 88
Figure 6-6 | Canada: Pallet Demand, 2009 – 2019 (million units) 89
Figure 6-7 | Mexico: Key Indicators for Pallet Demand 91
Figure 6-8 | Mexico: Pallet Demand, 2009 – 2019 (million units) 92
7. Central & South America
Figure 7-1 | Central & South America: Key Indicators for Pallet Demand 94
Figure 7-2 | Central & South America: Pallet Demand, 2009 – 2019 (million units) 95
Figure 7-3 | Brazil: Key Indicators for Pallet Demand 100
Figure 7-4 | Brazil: Pallet Demand, 2009 – 2019 (million units) 101
Figure 7-5 | Other Central & South America: Key Indicators for Pallet Demand 103
Figure 7-6 | Other Central & South America: Pallet Demand, 2009 – 2019 (million units) 104
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Figure 8-1 | Western Europe: Key Indicators for Pallet Demand 106
Figure 8-2 | Western Europe: Pallet Demand, 2009 – 2019 (million units) 107
Figure 8-3 | Germany: Key Indicators for Pallet Demand 112
Figure 8-4 | Germany: Pallet Demand, 2009 – 2019 (million units) 113
Figure 8-5 | Italy: Key Indicators for Pallet Demand 116
Figure 8-6 | Italy: Pallet Demand, 2009 – 2019 (million units) 117
Figure 8-7 | United Kingdom: Key Indicators for Pallet Demand 119
Figure 8-8 | United Kingdom: Pallet Demand, 2009 – 2019 (million units) 120
Figure 8-9 | France: Key Indicators for Pallet Demand 122
Figure 8-10 | France: Pallet Demand, 2009 – 2019 (million units) 123
Figure 8-11 | Spain: Key Indicators for Pallet Demand 125
Figure 8-12 | Spain: Pallet Demand, 2009 – 2019 (million units) 126
Figure 8-13 | Netherlands: Key Indicators for Pallet Demand 128
Figure 8-14 | Netherlands: Pallet Demand, 2009 – 2019 (million units) 129
Figure 8-15 | Switzerland: Key Indicators for Pallet Demand 131
Figure 8-16 | Switzerland: Pallet Demand, 2009 – 2019 (million units) 132
Figure 8-17 | Sweden: Key Indicators for Pallet Demand 134
Figure 8-18 | Sweden: Pallet Demand, 2009 – 2019 (million units) 135
Figure 8-19 | Other Western Europe: Key Indicators for Pallet Demand 137
Figure 8-20 | Other Western Europe: Pallet Demand, 2009 – 2019 (million units) 138
9. Eastern Europe
Figure 9-1 | Eastern Europe: Key Indicators for Pallet Demand 140
Figure 9-2 | Eastern Europe: Pallet Demand, 2009 – 2019 (million units) 141
Figure 9-3 | Russia: Key Indicators for Pallet Demand 146
Figure 9-4 | Russia: Pallet Demand, 2009 – 2019 (million units) 147
Figure 9-5 | Poland: Key Indicators for Pallet Demand 149
Figure 9-6 | Poland: Pallet Demand, 2009 – 2019 (million units) 150
Figure 9-7 | Czech Republic: Key Indicators for Pallet Demand 152
Figure 9-8 | Czech Republic: Pallet Demand, 2009 – 2019 (million units) 153
Figure 9-9 | Other Eastern Europe: Key Indicators for Pallet Demand 155
Figure 9-10 | Other Eastern Europe: Pallet Demand, 2009 – 2019 (million units) 156
10. Asia/Pacific
Figure 10-2 | Asia/Pacific: Pallet Demand, 2009 – 2019 (million units) 159
Figure 10-3 | China: Key Indicators for Pallet Demand 164
Figure 10-4 | China: Pallet Demand, 2009 – 2019 (million units) 165
Figure 10-5 | Japan: Key Indicators for Pallet Demand 168
Figure 10-6 | Japan: Pallet Demand, 2009 – 2019 (million units) 169
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Figure 10-8 | India: Pallet Demand, 2009 – 2019 (million units) 172
Figure 10-9 | Indonesia: Key Indicators for Pallet Demand 174
Figure 10-10 | Indonesia: Pallet Demand, 2009 – 2019 (million units) 175
Figure 10-11 | South Korea: Key Indicators for Pallet Demand 177
Figure 10-12 | South Korea: Pallet Demand, 2009 – 2019 (million units) 178
Figure 10-13 | Taiwan: Key Indicators for Pallet Demand 180
Figure 10-14 | Taiwan: Pallet Demand, 2009 – 2019 (million units) 181
Figure 10-15 | Australia: Key Indicators for Pallet Demand 183
Figure 10-16 | Australia: Pallet Demand, 2009 – 2019 (million units) 184
Figure 10-17 | Other Asia/Pacific: Key Indicators for Pallet Demand 186
Figure 10-18 | Other Asia/Pacific: Pallet Demand, 2009 – 2019 (million units) 187
11. Africa/Mideast
Figure 11-2 | Africa/Mideast: Pallet Demand, 2009 – 2019 (million units) 190
Figure 11-3 | Turkey: Key Indicators for Pallet Demand 195
Figure 11-4 | Turkey: Pallet Demand, 2009 – 2019 (million units) 196
Figure 11-5 | South Africa: Key Indicators for Pallet Demand 198
Figure 11-6 | South Africa: Pallet Demand, 2009 – 2019 (million units) 199
Figure 11-7 | Other Africa/Mideast: Key Indicators for Pallet Demand 201
Figure 11-8 | Other Africa/Mideast: Pallet Demand, 2009 – 2019 (million units) 202
12. Industry Structure
Figure 12-1 | Global Pallets Market Share by Company, 2019 (billion dollars) 210
Figure 12-2 | Global Pallets: Leading Supplier, 2019 211
Figure 12-3 | Global Pallets: Second Leading Supplier, 2019 212
Figure 12-4 | Global Pallets: Third Leading Supplier, 2019 213
Figure 12-5 | Global Pallets: Fourth Leading Supplier, 2019 214
Figure 12-6 | Global Pallets: Fifth Leading Supplier, 2019 215
13. Appendix
Figure 13-1 | Real GDP: January 2020 Forecast vs. May 2020 Revised Forecast
(% annual change) 259