
France - Cases, Boxes, Crates, Drums And Similar Packings Of Wood - Market Analysis, Forecast, Size, Trends And Insights
France's Wood Box Price Hits New Record of $16.7 per Unit After Two Consecutive Months of Increase
France Wood Box Import Price in October 2022
In October 2022, the wood box price amounted to $16.7 per unit (CIF, France), increasing by 11% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in September 2022 an increase of 20% month-to-month. Over the period under review, average import prices reached the peak figure in October 2022.
There were significant differences in the average prices amongst the major supplying countries. In October 2022, the country with the highest price was Poland ($29.5 per unit), while the price for Serbia ($5.8 per unit) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was attained by Serbia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
France Wood Box Imports
In October 2022, supplies from abroad of cases, boxes, crates, drums and similar packings of wood decreased by -19% to 446K units, falling for the third consecutive month after three months of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 15% m-o-m. Imports peaked at 640K units in July 2022; however, from August 2022 to October 2022, imports failed to regain momentum.
In value terms, wood box imports dropped to $7.5M (IndexBox estimates) in October 2022. The total import value increased at an average monthly rate of +1.4% over the period from January 2022 to October 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in March 2022 with an increase of 25% against the previous month. Over the period under review, imports reached the peak figure at 9.3M units in May 2022; however, from June 2022 to October 2022, imports remained at a lower figure.
France Wood Box Imports by Country
In October 2022, Spain (160K units) constituted the largest supplier of wood box to France, accounting for a 36% share of total imports. Moreover, wood box imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (45K units), fourfold. The third position in this ranking was held by Belgium (40K units), with a 9% share.
From January 2022 to October 2022, the average monthly rate of growth in terms of volume from Spain totaled +2.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-6.6% per month) and Belgium (+2.5% per month).
In value terms, Spain ($2.6M) constituted the largest supplier of wood box to France, comprising 35% of total imports. The second position in the ranking was taken by Poland ($713K), with a 9.6% share of total imports. It was followed by Belgium, with a 7.8% share.
From January 2022 to October 2022, the average monthly rate of growth in terms of value from Spain stood at +3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+4.5% per month) and Belgium (+3.7% per month).
Wood Box Market Overview
Wood boxes are a popular product in the French market, and there are several factors that contribute to this popularity. The major drivers for the market growth are the increasing demand for packaging from the food & beverage and cosmetics industries, and the growing e-commerce sector in the country. However, the rising cost of raw materials is expected to restrain the market growth to some extent. The high cost of raw materials and strict government regulations are also some of the key factors restraining the growth of the wood box market in France.
This report provides an in-depth analysis of the wood box market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET