U.S. - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Box and Cable Drum in the United States - 2023
Contents:
- Price for Wood Box and Cable Drum in the United States (CIF) - 2022
- Price for Wood Box and Cable Drum in the United States (FOB) - 2023
- Imports of Wood Box and Cable Drum in the United States
- Exports of Wood Box and Cable Drum in the United States
Price for Wood Box and Cable Drum in the United States (CIF) - 2022
In 2022, the average import price for wood boxes, crates and cable drums amounted to $11 per unit, falling by -13.3% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2018 an increase of 62%. Over the period under review, average import prices hit record highs at $13 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($75 per unit), while the price for China ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Box and Cable Drum in the United States (FOB) - 2023
In September 2023, the average export price for wood boxes, crates and cable drums amounted to $43.1 per unit, growing by 3.6% against the previous month. Overall, the export price, however, saw a mild slump. The growth pace was the most rapid in November 2022 an increase of 33% month-to-month. As a result, the export price attained the peak level of $70.5 per unit. From December 2022 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was China ($62.9 per unit), while the average price for exports to Sweden ($14.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Box and Cable Drum in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of wood boxes, crates and cable drums, which increased by 22% to 11M units in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, wood box and cable drum imports expanded significantly to $115M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Wood Box and Cable Drum in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 37.6 | 32.4 | 45.0 | 39.3 | 1.5% |
| Brazil | 4.3 | 8.3 | 11.7 | 18.5 | 62.6% |
| Mexico | 7.6 | 9.3 | 18.3 | 16.2 | 28.7% |
| Netherlands | 1.2 | 10.1 | 12.1 | 14.0 | 126.8% |
| China | 10.0 | 4.1 | 6.7 | 7.6 | -8.7% |
| Honduras | 1.4 | 1.2 | 1.2 | 3.2 | 31.7% |
| Vietnam | 0.4 | 0.1 | 0.1 | 1.6 | 58.7% |
| Others | 12.0 | 10.0 | 14.0 | 14.7 | 7.0% |
| Total | 74.5 | 75.6 | 109 | 115 | 15.6% |
Top Suppliers of Wood Box and Cable Drum to the United States in 2022:
- Canada (3.5M units)
- Mexico (3.5M units)
- China (1.7M units)
- Brazil (0.7M units)
- Honduras (0.4M units)
- Vietnam (0.3M units)
- Netherlands (0.2M units)
Exports of Wood Box and Cable Drum in the United States
Wood box and cable drum exports from the United States surged to 1.4M units in 2022, increasing by 15% against 2021 figures. Overall, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wood box and cable drum exports surged to $79M in 2022. Over the period under review, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% 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 +69.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wood Box and Cable Drum in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.8 | 11.9 | 16.7 | 19.0 | 4.2% |
| Mexico | 17.1 | 9.4 | 13.1 | 18.3 | 2.3% |
| Germany | 14.0 | 7.5 | 7.5 | 10.7 | -8.6% |
| France | 7.1 | 3.5 | 3.8 | 4.4 | -14.7% |
| Netherlands | 0.9 | 1.6 | 4.3 | 3.9 | 63.0% |
| China | 1.7 | 1.8 | 2.1 | 3.1 | 22.2% |
| South Korea | 0.3 | 0.6 | 1.0 | 2.3 | 97.2% |
| Brazil | 0.1 | 0.6 | 1.5 | 1.8 | 162.1% |
| United Kingdom | 2.9 | 1.6 | 1.2 | 1.5 | -19.7% |
| Switzerland | 0.9 | 0.2 | 1.1 | 1.5 | 18.6% |
| Israel | 1.1 | 1.5 | 0.8 | 0.7 | -14.0% |
| Others | 10.5 | 6.8 | 11.1 | 12.0 | 4.6% |
| Total | 73.5 | 46.9 | 64.2 | 79.2 | 2.5% |
Top Export Markets for Wood Box and Cable Drum from the United States in 2022:
- Canada (402.5K units)
- Mexico (318.6K units)
- Germany (161.5K units)
- France (72.0K units)
- Netherlands (58.6K units)
- China (54.6K units)
- South Korea (36.0K units)
- Brazil (31.4K units)
- Israel (25.6K units)
- Switzerland (22.2K units)
- United Kingdom (21.6K units)
This report provides an in-depth analysis of the market for wood box and cable drum in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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