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

Market Size for Wood Boxes, Crates and Cable Drums in Indonesia

The Indonesian market for wood boxes, crates and cable drums reduced slightly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, saw a strong expansion. Wood box and cable drum consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Boxes, Crates and Cable Drums in Indonesia

In value terms, wood box and cable drum production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Wood Boxes, Crates and Cable Drums

Exports from Indonesia

In 2022, the amount of wood boxes, crates and cable drums exported from Indonesia declined to X units, with a decrease of X% against the previous year's figure. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wood box and cable drum exports declined to $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X units), Japan (X units) and the United States (X units) were the main destinations of wood box and cable drum exports from Indonesia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for wood box and cable drum exported from Indonesia were Taiwan (Chinese) ($X), Japan ($X) and the United States ($X), with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, stabilizing at the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price 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, wood box and cable drum export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, leveling off in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($X per unit) and the United States ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) and Japan ($X 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 Maldives (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Indonesia

After three years of growth, overseas purchases of wood boxes, crates and cable drums decreased by X% to X units in 2022. Over the period under review, imports saw a mild descent. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, wood box and cable drum imports fell to $X in 2022. In general, imports, however, showed strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Bahrain (X units) and Germany (X units) were the main suppliers of wood box and cable drum imports to Indonesia, together accounting for X% of total imports. Brazil, Taiwan (Chinese), Singapore and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of wood boxes, crates and cable drums to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average import price for wood boxes, crates and cable drums amounted to $X per unit, increasing by X% against the previous year. Overall, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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