United Kingdom - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRemarkable Decline in UK Wood Box and Cable Drum Imports to $33M by 2023
United Kingdom Wood Box and Cable Drum Imports
In 2023, after two years of growth, there was significant decline in purchases abroad of wood boxes, crates and cable drums, when their volume decreased by -41% to 423K units. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 66%. Imports peaked at 1.7M units in 2014; however, from 2015 to 2023, imports remained at a lower figure.
In value terms, wood box and cable drum imports shrank dramatically to $33M (IndexBox estimates) in 2023. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. Over the period under review, imports attained the maximum at $49M in 2022, and then fell sharply in the following year.
| COUNTRY | Import Value of Wood Box and Cable Drum in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 7.5 | 10.4 | 11.2 | 11.9 | 7.5 | 5.1 | 4.1 | 3.5 | 10.2 | 10.4 | 7.4 |
| Poland | 0.6 | 0.8 | 0.7 | 0.4 | 0.5 | 0.9 | 1.1 | 0.5 | 1.6 | 6.0 | 6.6 |
| France | 2.2 | 2.5 | 4.7 | 2.4 | 1.7 | 2.0 | 1.4 | 1.1 | 0.8 | 7.4 | 6.5 |
| Germany | 0.8 | 2.0 | 2.0 | 1.2 | 1.3 | 1.4 | 3.7 | 1.5 | 1.6 | 13.6 | 2.8 |
| United States | 0.4 | 0.4 | 1.1 | 0.6 | 0.7 | 0.6 | 1.0 | 0.8 | 1.4 | 1.6 | 1.7 |
| Belgium | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.3 | 0.2 | 1.1 | 1.7 |
| Italy | 0.3 | 0.6 | 0.2 | 0.7 | 0.5 | 0.7 | 0.5 | 1.6 | 0.5 | 0.8 | 0.8 |
| Netherlands | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 1.0 | 0.4 | 1.1 | 0.7 |
| Others | 1.9 | 2.1 | 3.3 | 1.7 | 3.8 | 3.5 | 4.8 | 3.4 | 9.4 | 6.4 | 5.3 |
| Total | 14.6 | 19.6 | 23.8 | 19.5 | 16.8 | 14.9 | 17.2 | 13.5 | 26.1 | 48.5 | 33.3 |
Imports by Country
France (83K units), Poland (82K units) and China (81K units) were the main suppliers of wood box and cable drum imports to the UK, with a combined 58% share of total imports. Germany, the United States, Belgium, Italy and the Netherlands lagged somewhat behind, together accounting for a further 25%.
From 2013 to 2023, the biggest increases were recorded for the United States (with a CAGR of +15.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($7.4M), Poland ($6.6M) and France ($6.5M) appeared to be the largest wood box and cable drum suppliers to the UK, together comprising 61% of total imports. Germany, Belgium, the United States, Italy and the Netherlands lagged somewhat behind, together accounting for a further 23%.
Among the main suppliers, Belgium, with a CAGR of +27.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the wood box and cable drum price stood at $79 per unit (CIF, United Kingdom), growing by 16% against the previous year. Over the period under review, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($91 per unit), while the price for the United States ($53 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the market for wood box and cable drum in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
