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

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

The Greek market for wood boxes, crates and cable drums soared to $X in 2022, growing by 48% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +9.6% 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 +66.0% against 2018 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Production of Wood Boxes, Crates and Cable Drums in Greece

In value terms, wood box and cable drum production soared to $X in 2022 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 63% against the previous year. Wood box and cable drum production peaked in 2022 and is expected to retain growth in years to come.

Exports of Wood Boxes, Crates and Cable Drums

Exports from Greece

In 2022, shipments abroad of wood boxes, crates and cable drums increased by 44% to X units, rising for the sixth year in a row after four years of decline. Overall, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 64%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood box and cable drum exports soared to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X units), North Macedonia (X units) and Romania (X units) were the main destinations of wood box and cable drum exports from Greece, together accounting for 64% of total exports. Italy, Cyprus, Spain, Hungary, the Netherlands, Germany and Albania lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +105.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood box and cable drum exported from Greece were Bulgaria ($X), North Macedonia ($X) and Romania ($X), with a combined 63% share of total exports. Italy, Cyprus, Spain, Hungary, Germany, the Netherlands and Albania lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Spain, with a CAGR of +183.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wood boxes, crates and cable drums stood at $X per unit in 2022, which is down by -1.9% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 7.7%. 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 overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($X per unit) and North Macedonia ($X per unit), while the average price for exports to Hungary ($X per unit) and Romania ($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 Spain (+38.3%), while the prices for the other major destinations experienced a decline.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Greece

In 2022, approx. X units of wood boxes, crates and cable drums were imported into Greece; growing by 111% compared with 2021 figures. In general, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood box and cable drum imports soared to $X in 2022. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 52% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Cyprus (X units), Sweden (X units) and Turkey (X units) were the main suppliers of wood box and cable drum imports to Greece, together comprising 78% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +411.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Cyprus ($X) and Sweden ($X) constituted the largest wood box and cable drum suppliers to Greece, with a combined 56% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +464.2%, recorded the highest rates of growth with regard to 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 -28.3% against the previous year. Overall, the import price saw a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 20%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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