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

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

The Luxembourg market for wood boxes, crates and cable drums contracted to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, enjoyed a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Wood Boxes, Crates and Cable Drums in Luxembourg

In value terms, wood box and cable drum production fell to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced 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, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Exports of Wood Boxes, Crates and Cable Drums

Exports from Luxembourg

Wood box and cable drum exports from Luxembourg rose to X units in 2022, with an increase of X% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood box and cable drum exports soared to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of wood box and cable drum exports from Luxembourg, with a combined X% share of total exports.

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

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the largest markets for wood box and cable drum exported from Luxembourg worldwide, with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for wood boxes, crates and cable drums stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated prominent 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 2020 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Germany ($X per unit) and France ($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 Belgium (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 Luxembourg

For the eleventh year in a row, Luxembourg recorded growth in overseas purchases of wood boxes, crates and cable drums, which increased by X% to X units in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood box and cable drum imports amounted to $X in 2022. In general, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Ukraine (X units), Germany (X units) and Belgium (X units) were the main suppliers of wood box and cable drum imports to Luxembourg, together accounting for X% of total imports. France, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the biggest increases were recorded for Spain (with a CAGR of X.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood box and cable drum suppliers to Luxembourg were Belgium ($X), Germany ($X) and France ($X), together comprising X% of total imports. The Netherlands, Ukraine and Spain lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for wood boxes, crates and cable drums amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price showed a significant curtailment. The growth pace was the most rapid in 2021 when the average import price decreased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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