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Sri Lanka - 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 Sri Lanka - 2021
Contents:
- Price for Wood Box and Cable Drum in Sri Lanka (CIF) - 2022
- Price for Wood Box and Cable Drum in Sri Lanka (FOB) - 2022
- Imports of Wood Box and Cable Drum in Sri Lanka
- Exports of Wood Box and Cable Drum in Sri Lanka
Price for Wood Box and Cable Drum in Sri Lanka (CIF) - 2022
In 2022, the average import price for wood boxes, crates and cable drums amounted to $2.6 per unit, waning by -31.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $6 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 UK ($18 per unit), while the price for Belgium ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wood Box and Cable Drum in Sri Lanka (FOB) - 2022
The average export price for wood boxes, crates and cable drums stood at $19 per unit in 2022, waning by -25.7% against the previous year. In general, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37%. The export price peaked at $50 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($25 per unit), while the average price for exports to Singapore ($12 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 Maldives (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Box and Cable Drum in Sri Lanka
For the fourth consecutive year, Sri Lanka recorded growth in supplies from abroad of wood boxes, crates and cable drums, which increased by 4.6% to 467K units in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 181%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wood box and cable drum imports fell dramatically to $1.2M in 2022. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Wood Box and Cable Drum in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 321 | 958 | 1,189 | 999 | 46.0% |
United Kingdom | 269 | 222 | 269 | 128 | -21.9% |
China | 181 | 176 | 2.2 | 0.9 | -82.9% |
Others | 57.9 | 460 | 214 | 72.4 | 7.7% |
Total | 829 | 1,816 | 1,674 | 1,201 | 13.2% |
Top Suppliers of Wood Box and Cable Drum to Sri Lanka in 2022:
- Belgium (457.8K units)
- United Kingdom (7.3K units)
- China (0.2K units)
Exports of Wood Box and Cable Drum in Sri Lanka
In 2022, the amount of wood boxes, crates and cable drums exported from Sri Lanka soared to 4K units, jumping by 40% on 2021. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 98%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, wood box and cable drum exports expanded modestly to $77K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 171% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Wood Box and Cable Drum in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 1.2 | 0.3 | 1.9 | 20.5 | 157.5% |
Denmark | 6.3 | N/A | 5.5 | 17.1 | 39.5% |
Australia | 1.4 | 1.6 | 3.1 | 12.2 | 105.8% |
United Arab Emirates | 0.5 | 0.2 | 0.9 | 9.6 | 167.8% |
Singapore | 1.4 | N/A | 0.8 | 5.6 | 58.7% |
Japan | N/A | 0.2 | 0.2 | 4.5 | 374.3% |
Czech Republic | 1.3 | 1.1 | 0.7 | 4.3 | 49.0% |
United Kingdom | 1.5 | 1.4 | 2.5 | 1.8 | 6.3% |
Hungary | 4.8 | 3.8 | 10.5 | N/A | 47.9% |
Chile | 8.9 | 6.9 | 19.5 | N/A | 48.0% |
Others | 14.1 | 11.7 | 28.1 | 1.4 | -53.7% |
Total | 41.5 | 27.2 | 73.7 | 76.9 | 22.8% |
Top Export Markets for Wood Box and Cable Drum from Sri Lanka in 2022:
- Maldives (1412.0 units)
- Denmark (683.0 units)
- Australia (511.0 units)
- Singapore (471.0 units)
- United Arab Emirates (425.0 units)
- Czech Republic (200.0 units)
- Japan (200.0 units)
- United Kingdom (95.0 units)
This report provides an in-depth analysis of the market for wood box and cable drum in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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