Nepal: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in Nepal

The Nepalese wooden case and box market contracted to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Packing Cases, Boxes And Similar Packings in Nepal

In value terms, wooden case and box production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Wooden case and box production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Nepal

Wooden case and box exports from Nepal expanded remarkably to X units in 2022, with an increase of X% on 2021. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports surged to $X in 2022. In general, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X units), the Czech Republic (X units) and Germany (X units) were the main destinations of wooden case and box exports from Nepal, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for wooden case and box exported from Nepal were the Czech Republic ($X), China ($X) and Germany ($X), with a combined X% share of total exports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average wooden case and box export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden case and box export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to France ($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 Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Packing Cases, Boxes And Similar Packings

Imports into Nepal

In 2022, imports of packing cases, boxes and similar packings into Nepal skyrocketed to X units, jumping by X% against 2021. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, wooden case and box imports soared to $X in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) constituted the largest wooden case and box supplier to Nepal, with a X% share of total imports. Moreover, wooden case and box imports from India exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

In value terms, India ($X), the United States ($X) and Spain ($X) were the largest wooden case and box suppliers to Nepal, together comprising X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw 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 wooden case and box import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then shrank remarkably in the following year.

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 the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform