United Arab Emirates: Market for Wood Boxes, Crates and Cable Drums 2025

Market Size for Wood Boxes, Crates and Cable Drums in the United Arab Emirates

After two years of decline, the market for wood boxes, crates and cable drums in the United Arab Emirates increased by 21% to $X in 2022. In general, consumption posted a moderate expansion. Wood box and cable drum consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Wood Boxes, Crates and Cable Drums

Exports from the United Arab Emirates

In 2022, approx. X units of wood boxes, crates and cable drums were exported from the United Arab Emirates; shrinking by -39.1% against the previous year. Overall, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 546% against the previous year. As a result, the exports attained the peak of X units, and then declined notably in the following year.

In value terms, wood box and cable drum exports fell remarkably to $X in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 235% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Tanzania (X units) was the main destination for wood box and cable drum exports from the United Arab Emirates, with a 56% share of total exports. Moreover, wood box and cable drum exports to Tanzania exceeded the volume sent to the second major destination, Hong Kong SAR (X units), sixfold. The Netherlands (X units) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania stood at +107.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+62.7% per year) and the Netherlands (+72.7% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for wood boxes, crates and cable drums exports from the United Arab Emirates, comprising 42% of total exports. The second position in the ranking was taken by Qatar ($X), with a 21% share of total exports. It was followed by Hong Kong SAR, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Tanzania totaled +82.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-1.6% per year) and Hong Kong SAR (+42.3% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, increasing by 6.6% against the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 267% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Canada ($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 Kuwait (-2.6%), while the prices for the other major destinations experienced a decline.

Imports of Wood Boxes, Crates and Cable Drums

Imports into the United Arab Emirates

Wood box and cable drum imports into the United Arab Emirates declined to X units in 2022, which is down by -6.1% on the previous year's figure. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2015 with an increase of 42%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wood box and cable drum imports fell to $X in 2022. Over the period under review, imports, however, recorded a notable expansion. The growth pace was the most rapid in 2016 with an increase of 36% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Hong Kong SAR (X units) constituted the largest wood box and cable drum supplier to the United Arab Emirates, with a 72% share of total imports. Moreover, wood box and cable drum imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Bahrain (X units), more than tenfold. Singapore (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from Hong Kong SAR amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (-6.8% per year) and Singapore (+48.6% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of wood boxes, crates and cable drums to the United Arab Emirates, comprising 35% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by the UK, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from Hong Kong SAR amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.0% per year) and the UK (+30.8% 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 -4.8% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 80%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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