Serbia - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Price for Wooden Case and Box in Serbia - 2023

Contents:

  1. Price for Wooden Case and Box in Serbia (FOB) - 2023
  2. Price for Wooden Case and Box in Serbia (CIF) - 2022
  3. Exports of Wooden Case and Box in Serbia
  4. Imports of Wooden Case and Box in Serbia

Price for Wooden Case and Box in Serbia (FOB) - 2023

The average wooden case and box export price stood at $13.0 per unit in September 2023, shrinking by -11.5% against the previous month. Overall, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 58% against the previous month. The export price peaked at $15.4 per unit in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Austria ($28.7 per unit), while the average price for exports to Sweden ($7.0 per unit) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wooden Case and Box in Serbia (CIF) - 2022

In 2022, the average wooden case and box import price amounted to $149 per unit, waning by -94% against the previous year. Overall, the import price faced a precipitous decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39%. As a result, import price attained the peak level of $7,756 per unit. From 2015 to 2022, the average 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 North Macedonia ($2,675 per unit), while the price for Latvia ($7.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+4.5%), while the prices for the other major suppliers experienced a decline.

Exports of Wooden Case and Box in Serbia

For the fourth year in a row, Serbia recorded growth in shipments abroad of packing cases, boxes and similar packings, which increased by 11% to 128K units in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, wooden case and box exports skyrocketed to $39M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Wooden Case and Box in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.81.01.92.714.5%
Belgium1.11.11.82.429.7%
Hungary1.40.60.81.2-5.0%
Poland0.90.80.80.8-3.9%
Spain0.40.70.60.3-9.1%
Lithuania0.20.20.30.1-20.6%
Others21.418.323.731.013.1%
Total27.222.829.938.612.4%

Top Export Markets for Wooden Case and Box from Serbia in 2022:

  1. Belgium (34.4K units)
  2. Austria (32.4K units)
  3. Poland (27.8K units)
  4. Hungary (7.0K units)
  5. Lithuania (6.7K units)
  6. Spain (6.7K units)

Imports of Wooden Case and Box in Serbia

In 2022, approx. 229K units of packing cases, boxes and similar packings were imported into Serbia; picking up by 2,062% on the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wooden case and box imports surged to $34M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wooden Case and Box in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria9369341,4101,72722.7%
Bosnia and Herzegovina4,5752,4791,9541,554-30.2%
Belgium2583937061,05359.8%
Bulgaria33239257669828.1%
Czech Republic18144421656446.1%
Spain11871.921946558.0%
Latvia14.748.421.336.735.7%
Others17,93316,27721,39428,08616.1%
Total24,34621,03926,49734,18512.0%

Top Suppliers of Wooden Case and Box to Serbia in 2022:

  1. Austria (148.7K units)
  2. Bulgaria (52.4K units)
  3. Belgium (5.5K units)
  4. Latvia (5.0K units)
  5. Spain (4.7K units)
  6. Czech Republic (1.9K units)
  7. Bosnia and Herzegovina (1.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wooden case and box in Serbia. 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:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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