Thailand - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights

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Price for Wooden Case and Box in Thailand - 2023

Contents:

  1. Price for Wooden Case and Box in Thailand (FOB) - 2022
  2. Price for Wooden Case and Box in Thailand (CIF) - 2022
  3. Exports of Wooden Case and Box in Thailand
  4. Imports of Wooden Case and Box in Thailand

Price for Wooden Case and Box in Thailand (FOB) - 2022

The average wooden case and box export price stood at $17 per unit in 2022, growing by 9.4% against the previous year. Overall, the export price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $22 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($72 per unit), while the average price for exports to Taiwan (Chinese) ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wooden Case and Box in Thailand (CIF) - 2022

In 2022, the average wooden case and box import price amounted to $15 per unit, with a decrease of -12.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. The import price peaked at $18 per unit in 2015; however, from 2016 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 Denmark ($108 per unit), while the price for Sweden ($9.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wooden Case and Box in Thailand

Wooden case and box exports from Thailand fell to 861K units in 2022, with a decrease of -8.9% on 2021. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, the exports attained the peak figure at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports fell modestly to $14M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 44%. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wooden Case and Box in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,3801,3751,6851,6646.4%
United States1,4548711,7621,6233.7%
China1,0539511,5341,0740.7%
Japan2,359568939828-29.5%
Malaysia7401757787410.0%
Singapore4685121,13965912.1%
United Kingdom26483.089.648022.1%
Australia32721738944510.8%
Lao People's Democratic Republic23118056542622.6%
Cambodia16936342836829.6%
South Korea881441809322-28.5%
Sweden23522092.02785.8%
Taiwan (Chinese)12.714.935.639.746.2%
Others7,3603,9544,0505,291-10.4%
Total16,9349,92514,29514,238-5.6%

Top Export Markets for Wooden Case and Box from Thailand in 2022:

  1. India (162.7K units)
  2. China (104.4K units)
  3. Malaysia (89.9K units)
  4. Singapore (74.8K units)
  5. Japan (60.6K units)
  6. Lao People's Democratic Republic (48.8K units)
  7. Australia (47.0K units)
  8. Cambodia (35.8K units)
  9. Sweden (29.4K units)
  10. South Korea (28.8K units)
  11. United Kingdom (28.7K units)
  12. United States (22.6K units)
  13. Taiwan (Chinese) (21.8K units)

Imports of Wooden Case and Box in Thailand

In 2022, approx. 703K units of packing cases, boxes and similar packings were imported into Thailand; surging by 17% on 2021. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden case and box imports totaled $10M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +68.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Wooden Case and Box in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,6281,4422,2842,66417.8%
Denmark7503831,3511,75732.8%
China1,4941,0451,7221,433-1.4%
Malaysia7893736181,35619.8%
Vietnam4562011,009447-0.7%
Latvia51.615151234388.0%
Japan275209154175-14.0%
Others7453,2462,4682,26444.8%
Total6,1877,05010,11810,44019.1%

Top Suppliers of Wooden Case and Box to Thailand in 2022:

  1. Sweden (276.4K units)
  2. China (117.3K units)
  3. Malaysia (59.6K units)
  4. Latvia (24.2K units)
  5. Denmark (16.2K units)
  6. Japan (12.9K units)
  7. Vietnam (11.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wooden case and box in Thailand. 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 16241133 - Flat pallets and pallet collars of wood
  • Prodcom 16241135 - Box pallets and load boards of wood (excluding flat pallets)
  • Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
  • Prodcom 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)
  • Prodcom 16241350 - Cable-drums of wood

Country coverage:

  • Thailand

Data coverage:

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