Overview of the Global Market for Wood Boxes, Crates and Cable Drums

Market Size for Wood Boxes, Crates and Cable Drums

The global market for wood boxes, crates and cable drums contracted modestly to $X in 2022, dropping by X% against the previous year. In general, consumption, however, recorded a strong expansion. Over the period under review, the global market attained the maximum level 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 value terms, wood box and cable drum production contracted modestly to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Global production peaked at $X.3B in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Wood Boxes, Crates and Cable Drums

Exports

In 2022, approx. X units of wood boxes, crates and cable drums were exported worldwide; growing by X% against 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood box and cable drum exports surged to $X in 2022. In general, total exports indicated strong growth 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 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Chile (X units) and China (X units) represented roughly X% of total exports in 2022. It was distantly followed by Poland (X units), the Czech Republic (X units) and Belgium (X units), together committing an X% share of total exports. Spain (X units), Germany (X units), the United States (X units), India (X units), Hong Kong SAR (X units), Bahrain (X units), the Netherlands (X units) and France (X units) followed a long way behind the leaders.

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

In value terms, Poland ($X), Germany ($X) and the United States ($X) were the countries with the highest levels of exports in 2022, together comprising X% of global exports. Spain, the Czech Republic, China, the Netherlands, France, Belgium, Bahrain, India, Chile and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then dropped slightly in the following year.

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 ($X per unit), while Chile ($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 global leaders experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports

In 2022, overseas purchases of wood boxes, crates and cable drums increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, total imports indicated resilient 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wood box and cable drum imports amounted to $X in 2022. In general, total imports indicated a resilient expansion 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 growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States represented the major importing country with an import of about X units, which accounted for X% of total imports. Germany (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%). The Netherlands (X units), Austria (X units), South Korea (X units), Portugal (X units), Canada (X units), Sweden (X units), Belgium (X units), the UK (X units), Taiwan (Chinese) (X units) and Italy (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood box and cable drum imports into the United States stood at X%. At the same time, Portugal (X%), Italy (X%), the Netherlands (X%), Austria (X%), Sweden (X%), South Korea (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Canada and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, the UK (X%) and Belgium (X%) illustrated a downward trend over the same period. Germany (X p.p.), France (X p.p.), the Netherlands (X p.p.), Austria (X p.p.), Portugal (X p.p.), Sweden (X p.p.), Belgium (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the United States ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The Netherlands, the UK, South Korea, Italy, Austria, Sweden, Belgium, Portugal, Canada and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood boxes, crates and cable drums stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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