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Singapore - 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 Singapore - 2022
Contents:
- Price for Wood Box and Cable Drum in Singapore (CIF) - 2022
- Price for Wood Box and Cable Drum in Singapore (FOB) - 2022
- Imports of Wood Box and Cable Drum in Singapore
- Exports of Wood Box and Cable Drum in Singapore
Price for Wood Box and Cable Drum in Singapore (CIF) - 2022
The average import price for wood boxes, crates and cable drums stood at $40 per unit in 2022, declining by -24% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 import price increased by +22.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. As a result, import price attained the peak level of $53 per unit, and then fell notably 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 the United States ($57 per unit), while the price for Malaysia ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Box and Cable Drum in Singapore (FOB) - 2022
The average export price for wood boxes, crates and cable drums stood at $34 per unit in 2022, falling by -13.6% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. Over the period under review, the average export prices attained the maximum at $43 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($63 per unit), while the average price for exports to Germany ($26 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 the Czech Republic (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Box and Cable Drum in Singapore
In 2022, imports of wood boxes, crates and cable drums into Singapore surged to 368K units, rising by 118% against 2021 figures. Over the period under review, imports continue to indicate 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 surged to $15M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wood Box and Cable Drum in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,397 | 1,076 | 2,850 | 5,739 | 60.2% |
United States | 731 | 1,171 | 1,706 | 3,319 | 65.6% |
China | 991 | 1,125 | 1,772 | 2,900 | 43.0% |
Netherlands | 96.6 | 155 | 600 | 652 | 89.0% |
Japan | 95.2 | 35.0 | 69.7 | 368 | 56.9% |
United Kingdom | 32.6 | 35.9 | 428 | 338 | 118.1% |
Germany | 379 | 479 | 93.7 | 275 | -10.1% |
Bahrain | 128 | 160 | 112 | 186 | 13.3% |
South Korea | 807 | 59.3 | 93.3 | 1.1 | -88.9% |
Others | 523 | 1,392 | 1,179 | 959 | 22.4% |
Total | 5,180 | 5,687 | 8,904 | 14,738 | 41.7% |
Top Suppliers of Wood Box and Cable Drum to Singapore in 2022:
- South Korea (undefinedK units)
- Malaysia (179.4K units)
- China (76.8K units)
- United States (58.6K units)
- Netherlands (11.5K units)
- Japan (6.5K units)
- United Kingdom (6.0K units)
- Germany (4.9K units)
- Bahrain (3.4K units)
Exports of Wood Box and Cable Drum in Singapore
In 2022, approx. 137K units of wood boxes, crates and cable drums were exported from Singapore; picking up by 7.6% compared with 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, wood box and cable drum exports reduced to $4.6M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $5M, and then contracted in the following year.
Export of Wood Box and Cable Drum in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,122 | 1,231 | 1,351 | 1,645 | 13.6% |
Netherlands | 320 | 523 | 565 | 911 | 41.7% |
United States | 1,256 | 1,380 | 1,994 | 630 | -20.5% |
Czech Republic | 25.1 | 71.3 | 162 | 255 | 116.6% |
Indonesia | 166 | 182 | 58.6 | 226 | 10.8% |
China | 109 | 68.3 | 160 | 193 | 21.0% |
United Arab Emirates | 5.5 | 3.8 | 83.8 | 177 | 218.1% |
Taiwan (Chinese) | 45.4 | 66.8 | 51.8 | 129 | 41.6% |
Australia | 22.5 | 24.8 | 70.0 | 85.0 | 55.7% |
United Kingdom | 35.1 | 2.3 | 4.7 | 73.5 | 27.9% |
Thailand | 79.1 | 124 | 31.9 | 30.2 | -27.5% |
Others | 532 | 467 | 422 | 249 | -22.4% |
Total | 3,718 | 4,144 | 4,955 | 4,604 | 7.4% |
Top Export Markets for Wood Box and Cable Drum from Singapore in 2022:
- Malaysia (48.7K units)
- Netherlands (34.7K units)
- United States (9.9K units)
- Indonesia (8.6K units)
- China (7.3K units)
- Taiwan (Chinese) (4.9K units)
- Czech Republic (4.1K units)
- Australia (3.2K units)
- United Arab Emirates (2.8K units)
- United Kingdom (2.7K units)
- Thailand (1.2K units)
This report provides an in-depth analysis of the market for wood box and cable drum in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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