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

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

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Wood Box Price in Thailand - 2023

Contents:

  1. Wood Box Price in Thailand (FOB) - 2023
  2. Wood Box Price in Thailand (CIF) - 2023
  3. Wood Box Exports in Thailand
  4. Wood Box Imports in Thailand

Wood Box Price in Thailand (FOB) - 2023

The average wood box export price stood at $16.9 per unit in April 2023, reducing by -37.6% against the previous month. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 77% month-to-month. The export price peaked at $39.4 per unit in June 2022; however, from July 2022 to April 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was France ($137 per unit), while the average price for exports to China ($3.7 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Box Price in Thailand (CIF) - 2023

In April 2023, the average wood box import price amounted to $15.7 per unit, which is down by -45.1% against the previous month. Overall, the import price saw a pronounced downturn. The pace of growth was the most pronounced in October 2022 when the average import price increased by 84% month-to-month. As a result, import price reached the peak level of $44.3 per unit. From November 2022 to April 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($28.7 per unit), while the price for Japan ($5.5 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Wood Box Exports in Thailand

In 2022, wood box exports from Thailand surged to 299K units, with an increase of 54% against the previous year. In general, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood box exports soared to $8.7M in 2022. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood Box in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8337761,6962,72448.4%
France3,2351,5501,1082,236-11.6%
Malaysia50849.33941,03526.8%
Germany1,279466566838-13.1%
Australia23218236059837.1%
China20126432839825.6%
Denmark2061682812648.6%
Japan1861601471870.2%
Vietnam60.326.361.197.217.3%
Myanmar54.322.88.0N/A-61.6%
Others596431329343-16.8%
Total7,3894,0965,2788,7205.7%

Top Export Markets for Wood Box from Thailand in 2022:

  1. Malaysia (87.9K units)
  2. United States (62.1K units)
  3. Australia (39.0K units)
  4. China (31.4K units)
  5. Japan (19.2K units)
  6. France (17.7K units)
  7. Vietnam (12.6K units)
  8. Denmark (7.9K units)
  9. Germany (2.7K units)

Wood Box Imports in Thailand

In 2022, imports of cases, boxes, crates, drums and similar packings of wood into Thailand skyrocketed to 146K units, picking up by 63% on 2021 figures. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 84%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wood box imports soared to $7.5M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 261%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Wood Box in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark5671551,1364,46498.9%
Malaysia25819.13381,40175.8%
Vietnam2.51771,0091,024642.7%
China20211132447533.0%
Japan11689.592.2110-1.8%
United States19.219.32.13.6-42.8%
Others70.925688.357.6-6.7%
Total1,2368272,9897,53682.7%

Top Suppliers of Wood Box to Thailand in 2022:

  1. Malaysia (57.8K units)
  2. Vietnam (35.7K units)
  3. Denmark (28.6K units)
  4. Japan (13.0K units)
  5. China (8.8K units)
  6. United States (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood box and cable drum 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 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)

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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