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Thailand - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Box Price in Thailand - 2023
Contents:
- Wood Box Price in Thailand (FOB) - 2023
- Wood Box Price in Thailand (CIF) - 2023
- Wood Box Exports in Thailand
- Wood Box Imports in Thailand
Wood Box Price in Thailand (FOB) - 2023
The average wood box export price stood at $16.9 per unit in April 2023, reducing by -37.6% against the previous month. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 77% month-to-month. The export price peaked at $39.4 per unit in June 2022; however, from July 2022 to April 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was France ($137 per unit), while the average price for exports to China ($3.7 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Box Price in Thailand (CIF) - 2023
In April 2023, the average wood box import price amounted to $15.7 per unit, which is down by -45.1% against the previous month. Overall, the import price saw a pronounced downturn. The pace of growth was the most pronounced in October 2022 when the average import price increased by 84% month-to-month. As a result, import price reached the peak level of $44.3 per unit. From November 2022 to April 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($28.7 per unit), while the price for Japan ($5.5 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Box Exports in Thailand
In 2022, wood box exports from Thailand surged to 299K units, with an increase of 54% against the previous year. In general, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood box exports soared to $8.7M in 2022. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wood Box in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 833 | 776 | 1,696 | 2,724 | 48.4% |
France | 3,235 | 1,550 | 1,108 | 2,236 | -11.6% |
Malaysia | 508 | 49.3 | 394 | 1,035 | 26.8% |
Germany | 1,279 | 466 | 566 | 838 | -13.1% |
Australia | 232 | 182 | 360 | 598 | 37.1% |
China | 201 | 264 | 328 | 398 | 25.6% |
Denmark | 206 | 168 | 281 | 264 | 8.6% |
Japan | 186 | 160 | 147 | 187 | 0.2% |
Vietnam | 60.3 | 26.3 | 61.1 | 97.2 | 17.3% |
Myanmar | 54.3 | 22.8 | 8.0 | N/A | -61.6% |
Others | 596 | 431 | 329 | 343 | -16.8% |
Total | 7,389 | 4,096 | 5,278 | 8,720 | 5.7% |
Top Export Markets for Wood Box from Thailand in 2022:
- Malaysia (87.9K units)
- United States (62.1K units)
- Australia (39.0K units)
- China (31.4K units)
- Japan (19.2K units)
- France (17.7K units)
- Vietnam (12.6K units)
- Denmark (7.9K units)
- Germany (2.7K units)
Wood Box Imports in Thailand
In 2022, imports of cases, boxes, crates, drums and similar packings of wood into Thailand skyrocketed to 146K units, picking up by 63% on 2021 figures. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 84%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wood box imports soared to $7.5M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 261%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Wood Box in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 567 | 155 | 1,136 | 4,464 | 98.9% |
Malaysia | 258 | 19.1 | 338 | 1,401 | 75.8% |
Vietnam | 2.5 | 177 | 1,009 | 1,024 | 642.7% |
China | 202 | 111 | 324 | 475 | 33.0% |
Japan | 116 | 89.5 | 92.2 | 110 | -1.8% |
United States | 19.2 | 19.3 | 2.1 | 3.6 | -42.8% |
Others | 70.9 | 256 | 88.3 | 57.6 | -6.7% |
Total | 1,236 | 827 | 2,989 | 7,536 | 82.7% |
Top Suppliers of Wood Box to Thailand in 2022:
- Malaysia (57.8K units)
- Vietnam (35.7K units)
- Denmark (28.6K units)
- Japan (13.0K units)
- China (8.8K units)
- United States (0.4K units)
This report provides an in-depth analysis of the market for wood box and cable drum in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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