Report Update Nov 1, 2024

Vietnam - Packing Cases, Boxes and Similar Packings - Market Analysis, Forecast, Size, Trends and Insights

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

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

The Vietnamese wooden case and box market declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Packing Cases, Boxes And Similar Packings in Vietnam

In value terms, wooden case and box production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible slump. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Vietnam

In 2022, the amount of packing cases, boxes and similar packings exported from Vietnam declined to X units, reducing by X% against 2021 figures. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden case and box exports amounted to $X in 2022. In general, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X units) was the main destination for wooden case and box exports from Vietnam, with a X% share of total exports. Moreover, wooden case and box exports to South Korea exceeded the volume sent to the second major destination, the United States (X units), fivefold. Singapore (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

In value terms, the largest markets for wooden case and box exported from Vietnam were the United States ($X), South Korea ($X) and Singapore ($X), together comprising X% of total exports. Sweden, Japan and the Philippines lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, 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

The average wooden case and box export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to South Korea ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Packing Cases, Boxes And Similar Packings

Imports into Vietnam

In 2022, approx. X units of packing cases, boxes and similar packings were imported into Vietnam; increasing by X% on the previous year. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wooden case and box imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Myanmar (X units) was the main wooden case and box supplier to Vietnam, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Myanmar stood at X%.

In value terms, Myanmar ($X) constituted the largest supplier of packing cases, boxes and similar packings to Vietnam.

From 2012 to 2022, the average annual growth rate of value from Myanmar stood at X%.

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for packing cases, boxes and similar packings in the world?

China constituted the country with the largest volume of wooden case and box consumption, accounting for 17% of total volume. Moreover, wooden case and box consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Pakistan ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of packing cases, boxes and similar packings in the world?

China remains the largest wooden case and box producing country worldwide, comprising approx. 18% of total volume. Moreover, wooden case and box production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Pakistan, with a 3.9% share.

What are the leading suppliers of packing cases, boxes and similar packings to Vietnam?

In value terms, China constituted the largest supplier of wooden case and box to Vietnam, comprising 60% of total imports. The second position in the ranking was occupied by Singapore, with a 13% share of total imports. It was followed by Brazil, with a 4.8% share.

What are the leading importers of packing cases, boxes and similar packings from Vietnam?

In value terms, the United States remains the key foreign market for wooden case and box exports from Vietnam, comprising 45% of total exports. The second position in the ranking was occupied by South Korea, with a 7.3% share of total exports. It was followed by Australia, with a 6.4% share.

What is the average export price for packing cases, boxes and similar packings in Vietnam?

In 2021, the average wooden case and box export price amounted to $7.8 per unit, which is down by -19.5% against the previous year.

What is the average import price for packing cases, boxes and similar packings in Vietnam?

The average wooden case and box import price stood at $61 per unit in 2021, falling by -16% against the previous year.

This report provides an in-depth analysis of the market for wooden case and box in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16241133 - Flat pallets and pallet collars of wood
Prodcom 16241135 - Box pallets and load boards of wood (excluding flat pallets)
Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
Prodcom 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)
Prodcom 16241350 - Cable-drums of wood

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023