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

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

After two years of growth, the Paraguayan market for wood boxes, crates and cable drums decreased by -67.7% to $X in 2022. In general, consumption showed a deep slump. Wood box and cable drum consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Wood Boxes, Crates and Cable Drums

Exports from Paraguay

In 2022, overseas shipments of wood boxes, crates and cable drums increased by 180% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 40,460%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, wood box and cable drum exports surged to $X in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 239,396%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) was the main destination for wood box and cable drum exports from Paraguay, with a 68% share of total exports. Moreover, wood box and cable drum exports to the United States exceeded the volume sent to the second major destination, Uruguay (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +271.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+98.3% per year) and Bolivia (+95.3% per year).

In value terms, the United States ($X) remains the key foreign market for wood boxes, crates and cable drums exports from Paraguay, comprising 68% of total exports. The second position in the ranking was held by Uruguay ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +286.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+104.2% per year) and Bolivia (+103.4% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, flattening at the previous year. In general, the export price, however, posted measured growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 490%. As a result, the export price reached the peak level of $X per unit, leveling off in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Uruguay ($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 Bolivia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Paraguay

In 2022, overseas purchases of wood boxes, crates and cable drums decreased by -18.9% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 41%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, wood box and cable drum imports shrank to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) was the main wood box and cable drum supplier to Paraguay, accounting for a 92% share of total imports. Moreover, wood box and cable drum imports from Brazil exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.4% per year) and China (-28.2% per year).

In value terms, Brazil ($X) constituted the largest supplier of wood boxes, crates and cable drums to Paraguay, comprising 90% of total imports. The second position in the ranking was taken by India ($X), with a 3.6% share of total imports. It was followed by China, with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+49.9% per year) and China (-24.3% per year).

Import Prices by Country

The average import price for wood boxes, crates and cable drums stood at $X per unit in 2022, rising by 7.4% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood box and cable drum import price increased by +73.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform