Switzerland: Market for Wood Boxes, Crates and Cable Drums 2024

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

The Swiss market for wood boxes, crates and cable drums skyrocketed to $X in 2022, increasing by 32% against the previous year. In general, consumption continues to indicate a remarkable increase. Wood box and cable drum consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Wood Boxes, Crates and Cable Drums in Switzerland

In value terms, wood box and cable drum production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 286%. 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 Switzerland

In 2022, shipments abroad of wood boxes, crates and cable drums was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 75% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood box and cable drum exports rose remarkably to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 74% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for wood box and cable drum exports from Switzerland, accounting for a 49% share of total exports. Moreover, wood box and cable drum exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), fivefold. France (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+37.4% per year) and France (-0.9% per year).

In value terms, Germany ($X) remains the key foreign market for wood boxes, crates and cable drums exports from Switzerland, comprising 49% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 9.3% share of total exports. It was followed by France, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+45.8% per year) and France (+5.2% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, stabilizing at the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price 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, wood box and cable drum export price increased by +94.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 57% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per unit) and the United States ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Austria ($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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Switzerland

In 2022, purchases abroad of wood boxes, crates and cable drums increased by 89% to X units, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +127.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood box and cable drum imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +3.4% 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 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), Italy (X units) and France (X units) were the main suppliers of wood box and cable drum imports to Switzerland, with a combined 70% share of total imports. Poland, Austria, the Netherlands, Slovakia, China and Sweden lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +17.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood box and cable drum suppliers to Switzerland were Germany ($X), Italy ($X) and France ($X), together accounting for 70% of total imports. Poland, Austria, the Netherlands, Slovakia, China and Sweden lagged somewhat behind, together accounting for a further 19%.

Poland, with a CAGR of +15.6%, recorded the highest growth rate of 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 2022, shrinking by -45.4% against the previous year. Overall, the import price saw a slight curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 20%. The import price peaked at $X per unit in 2021, and then shrank markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Italy ($X per unit), while the price for Sweden ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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