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Pine Wood Price per Cubic Meter: How to Calculate Volume and Pallet Production Cost

June 7, 2026 — Lê Văn Thăng

Pine wood price per m3 for pallet production: imported $230-290 USD/m3, domestic 1.5-5 million VND/m3. Includes volume calculation and cost breakdown.

Pine wood is the primary raw material used to manufacture pine wood pallets. To estimate the total production cost of a pine wood pallet, you first need to know how pine wood is priced per cubic meter. This guide covers current pine wood prices (both imported and domestic), how to calculate volume in m3, and how to work out the full cost of making a pallet from scratch.

Why pine wood suits pallet production

  • Easy to machine: Pine has moderate hardness, making it straightforward to saw, plane, and shape into pallet boards and stringers.
  • Natural insect resistance: The resin content in pine helps repel wood-boring insects and reduces the risk of infestation during storage and transport.
  • Cost-competitive: Pine is priced lower than many hardwoods, making it the standard choice for industrial and export wood pallets.

Current pine wood prices per cubic meter

Imported pine wood (price per m3, USD)

Product Form Unit Price (USD/m3)
Chilean pine Sawn boards m3 230 - 275
New Zealand pine Sawn boards m3 230 - 265
Swedish pine Sawn boards m3 230 - 265
Finnish pine Sawn boards m3 230 - 290

Domestic pine wood (price per m3, VND)

Market Price range (VND/m3)
Hanoi 1,500,000 - 5,000,000
Ho Chi Minh City 1,500,000 - 5,000,000
Da Nang 1,500,000 - 5,000,000

Pine board prices for pallet production (price per piece, by size)

Product Dimensions (mm) Price (VND/piece)
Pine board 17 x 70 x 1200 900 - 1200 9,500 - 12,500
Pine board 20 x 120 x 1700 1000 - 2200 16,000 - 24,000

Prices above are reference figures and may vary with exchange rates, import volumes, and supplier. Contact ICD for a current quote.

How to calculate cubic meters and pallet production cost

Calculating wood volume in m3

Example 1: What is 1 cubic meter of wood?

One cubic meter (1 m3) of wood occupies a space of 1 m (length) x 1 m (width) x 1 m (height).

Example 2: How many boards fit in 1 m3 if each board is 2 x 7 x 120 cm?

  • Convert to meters: 0.02 m x 0.07 m x 1.2 m = 0.00168 m3 per board.
  • Boards per m3: 1 / 0.00168 = approximately 595 boards.

Example 3: What volume do 700 boards of 2 x 7 x 120 cm represent?

  • 0.02 x 0.07 x 1.2 x 700 = 1.176 m3.

Calculating pallet production cost

The example below is based on a standard single-face pine pallet using two board sizes:

Component Description Detail
Top deck boards Pine 17 x 70 x 1200 mm 10 boards at 2,450,000 VND/m3
Stringers Pine 17 x 70 x 1200 mm 3 pieces
Blocks Pine 30 x 90 x 1200 mm 3 pieces at 3,500,000 VND/m3
Material subtotal All wood components ~79,500 VND
Nails and fasteners Hardware cost 20,000 VND
Total per pallet Excluding VAT ~100,000 VND

This is an indicative cost based on material prices at the time of writing. Labor, waste allowance, and transport are not included. Actual production cost will vary with board size, pallet design, and current wood prices.

Related articles

How much does 1 cubic meter of pine wood weigh? Which wood group does pine belong to? Does pine wood get termites? 4 prevention methods

Frequently asked questions about pine wood pricing

1. How much does 1 cubic meter of pine wood cost in Vietnam?

Imported pine (Chilean, New Zealand, Swedish, Finnish) runs USD 230-290 per m3 (CIF Vietnam). Domestic pine costs VND 1,500,000-5,000,000 per m3 depending on grade, region, and supplier.

2. What factors affect the price of pine wood?

Key factors include the country of origin, whether the wood is domestic or imported, moisture content, grade (clear vs. knotty), board dimensions, and current exchange rates for imported stock.

3. How do I calculate how many pine boards are in one cubic meter?

Multiply the board’s three dimensions in meters (thickness x width x length) to get volume per piece, then divide 1 by that figure. For a 2 x 7 x 120 cm board: 0.02 x 0.07 x 1.2 = 0.00168 m3, so about 595 boards per m3.

4. What is a typical pallet production cost using pine wood?

A standard single-face pine pallet (10 deck boards + 3 stringers + 3 blocks) costs approximately 100,000 VND in raw materials and nails, excluding VAT, labor, and transport. Costs vary with design and current wood prices.

5. Why is pine wood the most common choice for pallets?

Pine is easy to saw and nail, lighter than most hardwoods, naturally resin-rich which resists insects, and priced competitively for industrial-scale pallet production.

6. Does ICD Vietnam supply pine wood or only finished pallets?

ICD Vietnam supplies both finished pine wood pallets and can advise on sourcing. Contact us with your pallet specification - dimensions, load capacity, quantity - and we will provide a quote with current pricing.

Contact ICD Vietnam

Hotline: 0983 797 186 / 090 345 9186 / 090 5859 186

Email: sales@icdvietnam.com.vn | Zalo: Chat Zalo


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