U.S.: Market for Wood Boxes, Crates and Cable Drums 2025

Market Size for Wood Boxes, Crates and Cable Drums in the U.S.

The U.S. market for wood boxes, crates and cable drums rose slightly to $X in 2022, with an increase of 4.8% against the previous year. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Wood Boxes, Crates and Cable Drums in the U.S.

In value terms, wood box and cable drum production shrank modestly to $X in 2022. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 17% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Wood Boxes, Crates and Cable Drums

Exports from the U.S.

In 2022, the amount of wood boxes, crates and cable drums exported from the United States skyrocketed to X units, picking up by 15% on the previous year. In general, exports, however, continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 when exports increased by 30%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood box and cable drum exports skyrocketed to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X units), Mexico (X units) and Germany (X units) were the main destinations of wood box and cable drum exports from the United States, together accounting for 64% of total exports. France, the Netherlands, China, South Korea, Brazil, Israel, Switzerland, the UK, Japan and Sweden lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +26.1%), 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 the United States were Canada ($X), Mexico ($X) and Germany ($X), together comprising 61% of total exports. France, the Netherlands, China, South Korea, Brazil, Switzerland, the UK, Israel, Japan and Sweden lagged somewhat behind, together comprising a further 25%.

The Netherlands, with a CAGR of +24.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, rising by 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2015 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Israel ($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 the UK (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports into the U.S.

In 2022, overseas purchases of wood boxes, crates and cable drums increased by 22% to X units, rising for the third year in a row after two years of decline. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports increased by +91.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood box and cable drum imports expanded markedly to $X in 2022. In general, imports posted a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Mexico (X units), Canada (X units) and China (X units) were the main suppliers of wood box and cable drum imports to the United States, together accounting for 80% of total imports. Brazil, Honduras, Vietnam, the Netherlands and Chile lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Honduras (with a CAGR of +109.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of wood boxes, crates and cable drums to the United States, comprising 34% of total imports. The second position in the ranking was taken by Brazil ($X), with a 16% share of total imports. It was followed by Mexico, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+29.5% per year) and Mexico (+23.8% per year).

Import Prices by Country

In 2022, the average import price for wood boxes, crates and cable drums amounted to $X per unit, falling by -13.3% against the previous year. In general, the import price, however, recorded a noticeable increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 62% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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