![Republic of Korea - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/republic-of-korea-packing-cases-boxes-and-similar-packings-market-analysis-forecast-size-trends-and-insights.webp)
Republic of Korea - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Wooden Case and Box in South Korea - 2022
Contents:
- Price for Wooden Case and Box in South Korea (CIF) - 2022
- Price for Wooden Case and Box in South Korea (FOB) - 2022
- Imports of Wooden Case and Box in South Korea
- Exports of Wooden Case and Box in South Korea
Price for Wooden Case and Box in South Korea (CIF) - 2022
The average wooden case and box import price stood at $23 per unit in 2022, surging by 4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2016 an increase of 15%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($30 per unit), while the price for Vietnam ($8.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wooden Case and Box in South Korea (FOB) - 2022
In 2022, the average wooden case and box export price amounted to $17 per unit, growing by 26% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden case and box export price increased by +66.2% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21 per unit), while the average price for exports to the Philippines ($1.2 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 United States (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wooden Case and Box in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of packing cases, boxes and similar packings, when their volume decreased by -12.8% to 2.7M units. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at 3.1M units in 2021, and then contracted in the following year.
In value terms, wooden case and box imports contracted to $64M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports attained the peak of $71M, and then contracted in the following year.
Import of Wooden Case and Box in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 25.8 | 31.0 | 36.1 | 35.8 | 11.5% |
Vietnam | 1.6 | 2.5 | 5.0 | 5.5 | 50.9% |
Sweden | 4.9 | 5.1 | 5.4 | 2.5 | -20.1% |
Taiwan (Chinese) | 1.1 | 1.5 | 3.7 | 2.3 | 27.9% |
Brazil | 1.1 | 0.7 | 2.1 | 2.1 | 24.1% |
United States | 1.3 | 1.3 | 1.7 | 1.9 | 13.5% |
Latvia | 1.3 | 2.0 | 3.2 | 1.8 | 11.5% |
Lithuania | 0.5 | 0.3 | 1.2 | 1.3 | 37.5% |
Japan | 0.7 | 0.6 | 1.3 | 0.8 | 4.6% |
Mexico | 0.6 | 0.8 | 1.0 | 0.7 | 5.3% |
Indonesia | 0.3 | 0.6 | 0.5 | 0.3 | 0.0% |
Others | 6.1 | 7.3 | 9.6 | 9.3 | 15.1% |
Total | 45.3 | 53.8 | 70.8 | 64.5 | 12.5% |
Top Suppliers of Wooden Case and Box to South Korea in 2022:
- China (1205.5K units)
- Vietnam (651.8K units)
- Sweden (203.5K units)
- Brazil (153.7K units)
- United States (108.8K units)
- Latvia (81.8K units)
- Lithuania (58.5K units)
- Mexico (47.8K units)
- Taiwan (Chinese) (47.0K units)
- Japan (41.6K units)
- Indonesia (23.8K units)
Exports of Wooden Case and Box in South Korea
In 2022, overseas shipments of packing cases, boxes and similar packings decreased by -30.1% to 1.2M units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 4.6% against the previous year. As a result, the exports reached the peak of 1.9M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, wooden case and box exports declined to $21M in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Wooden Case and Box in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.6 | 4.3 | 4.6 | 4.4 | -1.5% |
China | 2.6 | 4.6 | 3.0 | 1.7 | -13.2% |
Italy | 1.3 | 1.3 | 1.5 | 1.4 | 2.5% |
United Kingdom | 0.3 | 1.0 | 1.2 | 1.4 | 67.1% |
Mexico | 1.4 | 1.2 | 1.0 | 1.2 | -5.0% |
Japan | 1.3 | 1.1 | 1.1 | 1.0 | -8.4% |
Spain | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
Brazil | 0.7 | 0.6 | 1.1 | 0.9 | 8.7% |
Germany | 1.6 | 1.2 | 1.5 | 0.6 | -27.9% |
Indonesia | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Philippines | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
India | 0.5 | 0.5 | 0.5 | 0.2 | -26.3% |
Malaysia | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
Others | 4.9 | 5.9 | 5.8 | 6.0 | 7.0% |
Total | 21.0 | 23.4 | 23.3 | 20.5 | -0.8% |
Top Export Markets for Wooden Case and Box from South Korea in 2022:
- United States (204.2K units)
- Philippines (154.5K units)
- China (126.3K units)
- United Kingdom (87.8K units)
- Brazil (85.2K units)
- Italy (71.4K units)
- Mexico (69.7K units)
- Spain (50.2K units)
- Japan (50.0K units)
- Indonesia (47.5K units)
- Germany (42.0K units)
- Malaysia (29.8K units)
- India (24.4K units)
This report provides an in-depth analysis of the market for wooden case and box in Republic of Korea. 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 16241133 - Flat pallets and pallet collars of wood
- Prodcom 16241135 - Box pallets and load boards of wood (excluding flat pallets)
- Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
- Prodcom 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)
- Prodcom 16241350 - Cable-drums of wood
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for wooden case and box in Republic of Korea.
This report provides an in-depth analysis of the market for box pallets and load boards of wood (excluding flat pallets) in Republic of Korea.
This report provides an in-depth analysis of the market for wood box and cable drum in Republic of Korea.
This report provides an in-depth analysis of the wood flat pallet market in Republic of Korea.
This report provides an in-depth analysis of the global market for wooden case and box.
Global Box Pallet Market Report 2018. This report provides an in-depth analysis of the global box pallet market.
This report provides an in-depth analysis of the global market for wood box and cable drum.
This report provides an in-depth analysis of the global wood flat pallet market.
This report provides an in-depth analysis of the market for wooden case and box in Republic of Korea.
This report provides an in-depth analysis of the market for box pallets and load boards of wood (excluding flat pallets) in Republic of Korea.
Explore the top import markets for wooden cases and boxes in 2023, including Germany, the United States, France, and more. Discover key statistics and insights on global trade in wooden packaging materials.
In 2016, the global packaging imports totaled X tons, increasing by X% against the previous year level. In general, packaging imports continue to indicate a relatively flat trend pattern. The pace...
In 2016, the global packaging imports totaled X tons, increasing by X% against the previous year level. In general, packaging imports continue to indicate a relatively flat trend pattern. The pace...
The global trade in plastic boxes, cases, and crates amounted to X million USD in 2015, exhibiting strong fluctuations over the period under review. A significant drop in 2009 was followed by a dramatic recovery in X
In value terms, wood marquetry and inlaid wood imports amounted to $X in 2016. In general, wood marquetry and inlaid wood imports continue to indicate a relatively flat trend pattern. Over the peri...
In value terms, wood marquetry and inlaid wood exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tr...
Discover the top import markets for wood flat pallets, including Germany, Netherlands, Italy, France, and more. Explore key statistics and insights on the demand for wood flat pallets in these countries.
Explore the top import markets for wooden cases and boxes in 2023, including Germany, the United States, France, and more. Discover key statistics and insights on global trade in wooden packaging materials.
In 2016, the global packaging imports totaled X tons, increasing by X% against the previous year level. In general, packaging imports continue to indicate a relatively flat trend pattern. The pace...
In 2016, the global packaging imports totaled X tons, increasing by X% against the previous year level. In general, packaging imports continue to indicate a relatively flat trend pattern. The pace...