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Malaysia - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Box and Cable Drum in Malaysia - 2021
Contents:
- Price for Wood Box and Cable Drum in Malaysia (FOB) - 2022
- Price for Wood Box and Cable Drum in Malaysia (CIF) - 2022
- Exports of Wood Box and Cable Drum in Malaysia
- Imports of Wood Box and Cable Drum in Malaysia
Price for Wood Box and Cable Drum in Malaysia (FOB) - 2022
In 2022, the average export price for wood boxes, crates and cable drums amounted to $38 per unit, growing by 28% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The export price peaked at $89 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($129 per unit), while the average price for exports to Denmark ($6.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wood Box and Cable Drum in Malaysia (CIF) - 2022
The average import price for wood boxes, crates and cable drums stood at $16 per unit in 2022, shrinking by -29.6% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 108% against the previous year. The import price peaked at $23 per unit in 2021, and then reduced sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($45 per unit), while the price for China ($6.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood Box and Cable Drum in Malaysia
After three years of growth, shipments abroad of wood boxes, crates and cable drums decreased by -42% to 97K units in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 143%. As a result, the exports attained the peak of 166K units, and then contracted dramatically in the following year.
In value terms, wood box and cable drum exports fell remarkably to $3.6M in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports reached the peak of $4.9M, and then dropped rapidly in the following year.
Export of Wood Box and Cable Drum in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 1,766 | 1,644 | 3,670 | 2,757 | 16.0% |
Thailand | 162 | 21.6 | 334 | 251 | 15.7% |
United States | 112 | 108 | 152 | 114 | 0.6% |
Denmark | 90.4 | 18.2 | 131 | 98.2 | 2.8% |
Japan | 50.4 | 35.7 | 73.8 | 55.4 | 3.2% |
Hong Kong SAR | N/A | 144 | 81.8 | N/A | -43.2% |
Austria | N/A | N/A | 26.3 | N/A | 0% |
Netherlands | N/A | 94.4 | 18.4 | N/A | -80.5% |
Others | 469 | 319 | 380 | 350 | -9.3% |
Total | 2,650 | 2,383 | 4,867 | 3,625 | 11.0% |
Top Export Markets for Wood Box and Cable Drum from Malaysia in 2022:
- Singapore (65.8K units)
- Denmark (15.0K units)
- United States (7.9K units)
- Thailand (1.9K units)
- Japan (1.6K units)
Imports of Wood Box and Cable Drum in Malaysia
In 2022, overseas purchases of wood boxes, crates and cable drums were finally on the rise to reach 222K units after two years of decline. Over the period under review, imports, however, recorded a deep setback. Imports peaked at 308K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, wood box and cable drum imports soared to $3.6M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, imports reached the peak of $4.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Wood Box and Cable Drum in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 1,087 | 2,835 | 1,394 | 1,828 | 18.9% |
China | 709 | 721 | 744 | 779 | 3.2% |
Thailand | 322 | 130 | 335 | 351 | 2.9% |
Hong Kong SAR | 7.2 | 3.3 | 152 | 159 | 180.6% |
Japan | 219 | 96.6 | 113 | 147 | -12.4% |
India | 33.3 | 49.4 | 20.8 | 35.6 | 2.3% |
Others | 259 | 289 | 266 | 274 | 1.9% |
Total | 2,635 | 4,124 | 3,025 | 3,574 | 10.7% |
Top Suppliers of Wood Box and Cable Drum to Malaysia in 2022:
- China (128.3K units)
- Singapore (68.9K units)
- Japan (10.3K units)
- India (4.6K units)
- Hong Kong SAR (3.6K units)
- Thailand (3.3K units)
This report provides an in-depth analysis of the market for wood box and cable drum in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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