Overview of the Global Market for Packing Cases, Boxes And Similar Packings

Market Size for Packing Cases, Boxes And Similar Packings

The global wooden case and box market expanded significantly to $X.8B in 2023, growing by X% against the previous year. Over the period under review, consumption continues to indicate a strong increase. Over the period under review, the global market hit record highs at $X.4B in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Packing Cases, Boxes And Similar Packings

In value terms, wooden case and box production rose significantly to $X.2B in 2023 estimated in export price. Overall, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, global production reached the peak level at $X.4B in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports

After two years of growth, shipments abroad of packing cases, boxes and similar packings decreased by X% to X units in 2023. In general, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The global exports peaked at X units in 2022, and then reduced markedly in the following year.

In value terms, wooden case and box exports dropped to $X in 2023. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure at $X in 2022, and then fell in the following year.

Exports by Country

In 2023, the Czech Republic (X units) represented the key exporter of packing cases, boxes and similar packings, mixing up X% of total exports. Poland (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and the United States (X%). The following exporters - the Netherlands (X units), Ukraine (X units), Belgium (X units), the UK (X units), Latvia (X units), France (X units), Italy (X units) and Sweden (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to wooden case and box exports from the Czech Republic stood at X%. At the same time, Poland (X%), Ukraine (X%), the UK (X%), France (X%), the United States (X%), Italy (X%), Germany (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Belgium and Latvia experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Poland (X p.p.), Ukraine (X p.p.) and the UK (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Italy (X p.p.), Sweden (X p.p.), Latvia (X p.p.), Belgium (X p.p.), the Netherlands (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wooden case and box supplying countries worldwide were Poland ($X), France ($X) and the United States ($X), together comprising X% of global exports. Germany, the Czech Republic, the Netherlands, Belgium, Italy, the UK, Latvia, Ukraine and Sweden lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden case and box export price stood at $X per unit in 2023, surging by X% against the previous year. Overall, the export price, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Imports of Packing Cases, Boxes And Similar Packings

Imports

In 2023, overseas purchases of packing cases, boxes and similar packings decreased by X% to X units for the first time since 2011, thus ending a eleven-year rising trend. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports reached the peak figure at X units in 2022, and then dropped remarkably in the following year.

In value terms, wooden case and box imports shrank to $X in 2023. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, global imports reached the maximum at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Germany (X units), distantly followed by Italy (X units), the United States (X units), France (X units), Belgium (X units), the Netherlands (X units), Malaysia (X units) and Luxembourg (X units) were the largest importers of packing cases, boxes and similar packings, together constituting X% of total imports. The following importers - Austria (X units), Sweden (X units), Spain (X units), Greece (X units) and the UK (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Luxembourg (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of global imports. Italy, the UK, the Netherlands, Belgium, Spain, Austria, Sweden, Greece, Luxembourg and Malaysia lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average wooden case and box import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2022 an increase of X%. Global import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform