Vietnam - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Wooden Case and Box in Vietnam - 2021
Contents:
- Price for Wooden Case and Box in Vietnam (FOB) - 2021
- Price for Wooden Case and Box in Vietnam (CIF) - 2021
- Exports of Wooden Case and Box in Vietnam
- Imports of Wooden Case and Box in Vietnam
Price for Wooden Case and Box in Vietnam (FOB) - 2021
The average wooden case and box export price stood at $15.0 per unit in December 2021, reducing by -20.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 an increase of 43% month-to-month. The export price peaked at $21.5 per unit in March 2021; however, from April 2021 to December 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was the United States ($32.1 per unit), while the average price for exports to Malaysia ($9.3 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wooden Case and Box in Vietnam (CIF) - 2021
The average wooden case and box import price stood at $24.7 per unit in December 2021, picking up by 4.8% against the previous month. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 73% month-to-month. The import price peaked in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Thailand ($31.7 per unit), while the price for Latvia ($10.3 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wooden Case and Box in Vietnam
In 2022, overseas shipments of packing cases, boxes and similar packings decreased by -6.5% to 1M units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 1.7M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wooden case and box exports totaled $18M in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Wooden Case and Box in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.4 | 5.9 | 3.4 | 5.6 | 18.1% |
| South Korea | 4.4 | 6.3 | 5.7 | 5.5 | 7.7% |
| Singapore | 0.1 | 0.4 | 0.6 | 1.3 | 135.1% |
| Japan | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Sweden | N/A | N/A | N/A | 0.4 | 0% |
| Philippines | 0.2 | 0.9 | 0.1 | 0.3 | 14.5% |
| Thailand | 1.3 | 0.5 | 1.2 | N/A | -3.9% |
| Malaysia | 0.5 | 0.8 | N/A | N/A | 60.0% |
| Cambodia | 1.2 | 0.9 | 0.2 | N/A | -59.2% |
| Taiwan (Chinese) | 1.0 | 0.4 | 0.4 | N/A | -36.8% |
| Others | 8.7 | 7.5 | 5.2 | 4.1 | -22.2% |
| Total | 21.1 | 23.9 | 17.2 | 17.5 | -6.0% |
Top Export Markets for Wooden Case and Box from Vietnam in 2022:
- South Korea (642.7K units)
- United States (139.1K units)
- Singapore (110.7K units)
- Philippines (25.0K units)
- Japan (20.1K units)
- Sweden (17.5K units)
Imports of Wooden Case and Box in Vietnam
In 2022, the amount of packing cases, boxes and similar packings imported into Vietnam skyrocketed to 387K units, increasing by 41% against 2021 figures. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 155%. As a result, imports attained the peak of 744K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wooden case and box imports surged to $11M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 175% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wooden Case and Box in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 10.9 | 0% |
| South Korea | 0.2 | 0.7 | 0.2 | N/A | 0.0% |
| China | 3.5 | 7.5 | 4.0 | N/A | 6.9% |
| Germany | N/A | 1.8 | N/A | N/A | 0% |
| Singapore | 0.6 | 1.9 | N/A | N/A | 216.7% |
| Others | 0.4 | 1.1 | 0.5 | 0.1 | -37.0% |
| Total | 4.7 | 13.0 | 4.8 | 11.0 | 32.8% |
Top Suppliers of Wooden Case and Box to Vietnam in 2022:
- Myanmar (385.5K units)
This report provides an in-depth analysis of the market for wooden case and box in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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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