Denmark: Market for Wood Boxes, Crates and Cable Drums 2025

Market Size for Wood Boxes, Crates and Cable Drums in Denmark

In 2022, the Danish market for wood boxes, crates and cable drums increased by 4.7% to $X, rising for the third year in a row after two years of decline. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +48.2% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Wood Boxes, Crates and Cable Drums in Denmark

In value terms, wood box and cable drum production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Wood box and cable drum production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Wood Boxes, Crates and Cable Drums

Exports from Denmark

Wood box and cable drum exports from Denmark skyrocketed to X units in 2022, rising by 15% on the previous year's figure. In general, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +143.1% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 80%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood box and cable drum exports soared to $X in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Sweden (X units) was the main destination for wood box and cable drum exports from Denmark, with a 41% share of total exports. Moreover, wood box and cable drum exports to Sweden exceeded the volume sent to the second major destination, the UK (X units), fivefold. The Netherlands (X units) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+21.8% per year) and the Netherlands (+0.7% per year).

In value terms, Sweden ($X) remains the key foreign market for wood boxes, crates and cable drums exports from Denmark, comprising 41% of total exports. The second position in the ranking was taken by the UK ($X), with a 7.6% share of total exports. It was followed by the Netherlands, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+20.2% per year) and the Netherlands (-0.6% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, remaining constant against the previous year. Over the period under review, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per unit) and Belgium ($X per unit), while the average price for exports to Bulgaria ($X per unit) and Qatar ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Denmark

In 2022, approx. less than X units of wood boxes, crates and cable drums were imported into Denmark; approximately reflecting the previous year. Overall, imports saw a resilient increase. The smallest decline of 99.9% was in 2018. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, wood box and cable drum imports reached $X in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Estonia (X units) and the UK (X units) were the main suppliers of wood box and cable drum imports to Denmark, with a combined 59% share of total imports.

From 2013 to 2017, the biggest increases were recorded for the UK (with a CAGR of +56.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood box and cable drum suppliers to Denmark were Germany ($X), Estonia ($X) and the UK ($X), with a combined 59% share of total imports.

The UK, with a CAGR of +57.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood boxes, crates and cable drums stood at $X per unit in 2017, remaining constant against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 a decrease of 99.9% against the previous year. Over the period under review, average import prices attained the maximum in 2017 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the highest price was recorded for prices from Estonia ($X per unit) and Germany ($X per unit), while the price for the Netherlands ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of prices was attained by the UK (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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