EU: Market for Wood Boxes, Crates and Cable Drums 2024

Market Size for Wood Boxes, Crates and Cable Drums in the EU

After three years of growth, the EU market for wood boxes, crates and cable drums decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

Production of Wood Boxes, Crates and Cable Drums in the EU

In value terms, wood box and cable drum production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; afterwards, it flattened through to 2022.

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Exports of Wood Boxes, Crates and Cable Drums

Exports in the EU

In 2022, the amount of wood boxes, crates and cable drums exported in the European Union stood at X units, picking up by X% on the year before. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, wood box and cable drum exports totaled $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Poland (X units), followed by the Czech Republic (X units), Belgium (X units), Spain (X units), Germany (X units), the Netherlands (X units) and France (X units) represented the major exporters of wood boxes, crates and cable drums, together constituting X% of total exports. The following exporters - Italy (X units), Estonia (X units), Sweden (X units), Austria (X units), Slovakia (X units) and Romania (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood box and cable drum supplying countries in the European Union were Poland ($X), Germany ($X) and Spain ($X), together comprising X% of total exports. The Czech Republic, the Netherlands, France, Belgium, Italy, Estonia, Austria, Slovakia, Sweden and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports in the EU

Wood box and cable drum imports was estimated at X units in 2022, rising by X% against the previous year. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, wood box and cable drum imports rose significantly to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X units) was the key importer of wood boxes, crates and cable drums, constituting X% of total imports. France (X units) held the second position in the ranking, followed by the Netherlands (X units), Austria (X units), Portugal (X units), Sweden (X units) and Belgium (X units). All these countries together took near X% share of total imports. Italy (X units), the Czech Republic (X units), Slovakia (X units), Hungary (X units), Denmark (X units) and Finland (X units) followed a long way behind the leaders.

From 2019 to 2022, average annual rates of growth with regard to wood box and cable drum imports into Germany stood at X%. At the same time, Portugal (X%), Italy (X%), Hungary (X%), Slovakia (X%), the Netherlands (X%), Austria (X%), the Czech Republic (X%), Sweden (X%), Finland (X%), Denmark (X%) and France (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2019-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. Germany (X p.p.), France (X p.p.), the Netherlands (X p.p.), Portugal (X p.p.), Sweden (X p.p.), Belgium (X p.p.), Italy (X p.p.), the Czech Republic (X p.p.), Slovakia (X p.p.), Hungary (X p.p.) and Denmark (X p.p.) significantly strengthened its position in terms of the total imports, while Finland and Austria saw its share reduced by X% and X% from 2019 to 2022, respectively.

In value terms, Germany ($X) constitutes the largest market for imported wood boxes, crates and cable drums in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2019 to 2022, the average annual growth rate of value in Germany totaled X%. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, faced a precipitous contraction. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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