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

Turkey - 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 Turkey - 2023

Contents:

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

Price for Wood Box and Cable Drum in Turkey (FOB) - 2022

The average export price for wood boxes, crates and cable drums stood at $60 per unit in 2022, remaining constant against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2020 an increase of 91% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($60 per unit) and Egypt ($60 per unit), while the average price for exports to Bosnia and Herzegovina ($60 per unit) and Australia ($60 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood Box and Cable Drum in Turkey (CIF) - 2023

The average import price for wood boxes, crates and cable drums stood at $94.8 per unit in September 2023, therefore, remained relatively stable against the previous month. In general, the import price enjoyed a resilient expansion. The growth pace was the most rapid in March 2023 when the average import price increased by 158% against the previous month. The import price peaked at $94.8 per unit in June 2023; afterwards, it flattened through to September 2023.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Belgium ($94.8 per unit) and Poland ($94.8 per unit), while the price for Italy ($94.8 per unit) and Finland ($94.8 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood Box and Cable Drum in Turkey

In 2022, the amount of wood boxes, crates and cable drums exported from Turkey surged to 426K units, picking up by 55% against the previous year. Overall, exports posted a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood box and cable drum exports surged to $26M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wood Box and Cable Drum in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan6.44.04.87.13.5%
Bulgaria0.30.30.72.6105.4%
Italy0.41.01.52.276.5%
AustraliaN/AN/A0.11.81700.0%
Greece0.10.10.91.6152.0%
Azerbaijan0.10.40.91.5146.6%
Germany0.80.71.21.523.3%
Egypt0.10.91.31.4141.0%
PortugalN/AN/AN/A0.90%
Bosnia and Herzegovina0.20.10.30.535.7%
Morocco0.80.70.50.3-27.9%
Kuwait0.40.20.10.2-20.6%
Others2.62.34.23.914.5%
Total12.210.716.525.728.2%

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

  1. Jordan (118.5K units)
  2. Bulgaria (43.1K units)
  3. Italy (36.9K units)
  4. Australia (30.2K units)
  5. Greece (26.9K units)
  6. Germany (25.1K units)
  7. Azerbaijan (24.4K units)
  8. Egypt (23.5K units)
  9. Portugal (15.6K units)
  10. Bosnia and Herzegovina (8.1K units)
  11. Morocco (5.5K units)
  12. Kuwait (3.0K units)

Imports of Wood Box and Cable Drum in Turkey

In 2022, the amount of wood boxes, crates and cable drums imported into Turkey contracted significantly to 58K units, with a decrease of -16.6% on the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports attained the peak of 70K units, and then fell significantly in the following year.

In value terms, wood box and cable drum imports dropped dramatically to $2.7M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +52.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $3.4M, and then reduced remarkably in the following year.

Import of Wood Box and Cable Drum in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden44230468067715.3%
Austria25.2564599491169.1%
Germany2602533893298.2%
Poland396520385322-6.7%
Latvia50.350.814126473.8%
Finland1470.14081664.1%
Italy81.945.113716225.5%
SerbiaN/AN/A22829.6-87.0%
Ukraine43.669.869.54.3-53.8%
Denmark13064.31.80.1-90.8%
Others2332593823059.4%
Total1,8092,1303,4202,74915.0%

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

  1. Denmark (undefinedK units)
  2. Sweden (14.3K units)
  3. Austria (10.3K units)
  4. Germany (6.9K units)
  5. Poland (6.8K units)
  6. Latvia (5.6K units)
  7. Finland (3.5K units)
  8. Italy (3.4K units)
  9. Serbia (0.6K units)
  10. Ukraine (0.1K units)

Source: IndexBox Market Intelligence Platform

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

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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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