Finland - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Finland - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wood Box and Cable Drum in Finland - 2023

Contents:

  1. Price for Wood Box and Cable Drum in Finland (FOB) - 2023
  2. Price for Wood Box and Cable Drum in Finland (CIF) - 2022
  3. Exports of Wood Box and Cable Drum in Finland
  4. Imports of Wood Box and Cable Drum in Finland

Price for Wood Box and Cable Drum in Finland (FOB) - 2023

The average export price for wood boxes, crates and cable drums stood at $40.1 per unit in August 2023, reducing by -1.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 35% month-to-month. As a result, the export price reached the peak level of $47.4 per unit. From April 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($68.2 per unit), while the average price for exports to Sweden ($31.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood Box and Cable Drum in Finland (CIF) - 2022

In 2022, the average import price for wood boxes, crates and cable drums amounted to $65 per unit, with an increase of 22% against the previous year. Overall, the import price showed a prominent expansion. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Estonia ($65 per unit) and Sweden ($65 per unit), while the price for Lithuania ($64 per unit) and the Czech Republic ($65 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood Box and Cable Drum in Finland

For the fourth year in a row, Finland recorded growth in shipments abroad of wood boxes, crates and cable drums, which increased by 0.5% to 949K units in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wood box and cable drum exports declined slightly to $18M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $18M, and then declined in the following year.

Export of Wood Box and Cable Drum in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.62.84.64.318.3%
Estonia1.41.02.33.231.7%
Netherlands2.52.22.52.72.6%
Sweden1.31.52.22.422.7%
Norway0.71.11.41.631.7%
Lithuania0.60.91.30.810.1%
BangladeshN/AN/A0.10.4300.0%
Poland1.30.80.30.2-46.4%
Others1.92.33.02.01.7%
Total12.212.517.817.613.0%

Top Export Markets for Wood Box and Cable Drum from Finland in 2022:

  1. Germany (234.0K units)
  2. Estonia (172.5K units)
  3. Netherlands (145.2K units)
  4. Sweden (131.8K units)
  5. Norway (86.8K units)
  6. Lithuania (45.1K units)
  7. Bangladesh (25.9K units)
  8. Poland (13.2K units)

Imports of Wood Box and Cable Drum in Finland

After two years of decline, overseas purchases of wood boxes, crates and cable drums increased by 0.9% to 257K units in 2022. In general, imports, however, showed a perceptible decrease. Imports peaked at 289K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wood box and cable drum imports skyrocketed to $17M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Wood Box and Cable Drum in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia6.86.18.211.519.1%
Sweden1.71.72.43.020.8%
Poland1.00.70.90.5-20.6%
Germany0.70.20.40.4-17.0%
Czech Republic0.80.20.30.3-27.9%
Denmark0.10.30.20.226.0%
Lithuania0.30.40.4N/A15.5%
Others0.30.70.80.838.7%
Total11.610.213.516.712.9%

Top Suppliers of Wood Box and Cable Drum to Finland in 2022:

  1. Estonia (176.4K units)
  2. Sweden (45.7K units)
  3. Poland (7.7K units)
  4. Germany (6.2K units)
  5. Czech Republic (4.8K units)
  6. Denmark (3.3K units)
  7. Lithuania (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood box and cable drum in Finland. 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.

Product coverage:

  • Prodcom 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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