Cote d'Ivoire: Market for Wood Boxes, Crates and Cable Drums 2025

Market Size for Wood Boxes, Crates and Cable Drums in Cote d'Ivoire

The Cote d'Ivoire's market for wood boxes, crates and cable drums amounted to $X in 2022, rising by 2.9% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Wood Boxes, Crates and Cable Drums in Cote d'Ivoire

In value terms, wood box and cable drum production amounted to $X in 2022 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 33% against the previous year. Wood box and cable drum production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Wood Boxes, Crates and Cable Drums

Exports from Cote d'Ivoire

In 2022, wood box and cable drum exports from Cote d'Ivoire shrank sharply to X units, with a decrease of -32.3% on 2021. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 542%. The exports peaked at X units in 2021, and then contracted significantly in the following year.

In value terms, wood box and cable drum exports dropped significantly to $X in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 484% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell sharply in the following year.

Exports by Country

The United States (X units) was the main destination for wood box and cable drum exports from Cote d'Ivoire, with a 91% share of total exports. Moreover, wood box and cable drum exports to the United States exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +91.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+62.7% per year) and the UK (-29.2% per year).

In value terms, the United States ($X) remains the key foreign market for wood boxes, crates and cable drums exports from Cote d'Ivoire, comprising 96% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +90.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+80.8% per year) and the UK (-34.6% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, declining by -2.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39%. The export price peaked at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the average price for exports to the UK ($X 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 Democratic Republic of the Congo (+11.1%), while the prices for the other major destinations experienced a decline.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Cote d'Ivoire

In 2022, after five years of growth, there was significant decline in supplies from abroad of wood boxes, crates and cable drums, when their volume decreased by -13.5% to X units. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 512% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, wood box and cable drum imports dropped dramatically to $X in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 467%. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Singapore (X units), Spain (X units) and Switzerland (X units) were the main suppliers of wood box and cable drum imports to Cote d'Ivoire, with a combined 80% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +113.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Spain ($X) and Switzerland ($X) were the largest wood box and cable drum suppliers to Cote d'Ivoire, together accounting for 80% of total imports. Hungary, France, Germany, China, the UK, Italy and the United States lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Hungary, with a CAGR of +112.1%, 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 2022, the average import price for wood boxes, crates and cable drums amounted to $X per unit, with a decrease of -8.1% against the previous year. Overall, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 204%. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and France ($X per unit), while the price for the United States ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform