South Africa - Casks, Barrels, Vats, Tubs, And Coopers Products Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Barrel Price in South Africa - 2023
Contents:
- Wood Barrel Price in South Africa (CIF) - 2022
- Wood Barrel Price in South Africa (FOB) - 2022
- Wood Barrel Imports in South Africa
- Wood Barrel Exports in South Africa
Wood Barrel Price in South Africa (CIF) - 2022
In 2022, the average wood barrel import price amounted to $258 per unit, picking up by 63% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood barrel import price increased by +69.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Austria ($380 per unit), while the price for the United States ($53 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Barrel Price in South Africa (FOB) - 2022
The average wood barrel export price stood at $32 per unit in 2022, surging by 1.8% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood barrel export price increased by +68.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 63%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($44 per unit), while the average price for exports to Belgium ($3.5 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 Ukraine (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Barrel Imports in South Africa
In 2022, after three years of growth, there was significant decline in purchases abroad of casks, barrels, vats, tubs, and coopers products of wood, when their volume decreased by -50.3% to 65K units. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of 132K units, and then declined rapidly in the following year.
In value terms, wood barrel imports contracted dramatically to $17M in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $21M, and then shrank markedly in the following year.
Import of Wood Barrel in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 17.3 | 16.2 | 18.6 | 14.3 | -6.2% |
Swaziland | 0.2 | 0.3 | 0.6 | 0.7 | 51.8% |
Austria | 0.8 | 0.6 | 0.3 | 0.6 | -9.1% |
Australia | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
United States | 0.6 | 0.2 | 0.2 | 0.3 | -20.6% |
Chile | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Others | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
Total | 19.9 | 18.2 | 20.8 | 16.9 | -5.3% |
Top Suppliers of Wood Barrel to South Africa in 2022:
- France (47.9K units)
- United States (6.1K units)
- Swaziland (4.8K units)
- Australia (1.7K units)
- Austria (1.6K units)
- Chile (1.5K units)
Wood Barrel Exports in South Africa
In 2022, overseas shipments of casks, barrels, vats, tubs, and coopers products of wood decreased by -28.9% to 16K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 117% against the previous year. Over the period under review, the exports reached the maximum at 23K units in 2021, and then declined dramatically in the following year.
In value terms, wood barrel exports reduced markedly to $533K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 208% against the previous year. As a result, the exports attained the peak of $737K, and then dropped markedly in the following year.
Export of Wood Barrel in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1.8 | 95.2 | 540 | 356 | 482.6% |
Namibia | 10.8 | 20.6 | 27.6 | 37.2 | 51.0% |
Australia | 34.7 | 40.3 | 25.1 | 24.6 | -10.8% |
Kenya | 3.1 | N/A | 0.9 | 23.2 | 95.6% |
Botswana | 0.7 | 0.5 | 1.2 | 12.2 | 159.3% |
Portugal | N/A | N/A | N/A | 10.1 | 0% |
Germany | 8.5 | 29.4 | 20.4 | 1.8 | -40.4% |
Singapore | 13.1 | N/A | 0.5 | N/A | -80.5% |
Ukraine | N/A | 9.4 | 35.9 | N/A | 281.9% |
Others | 36.1 | 43.8 | 85.5 | 68.4 | 23.7% |
Total | 109 | 239 | 737 | 533 | 69.7% |
Top Export Markets for Wood Barrel from South Africa in 2022:
- France (11.4K units)
- Namibia (1.8K units)
- Kenya (0.8K units)
- Australia (0.6K units)
- Portugal (0.6K units)
- Botswana (0.6K units)
- Germany (0.1K units)
This report provides an in-depth analysis of the wood barrel market in South Africa. 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 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the wood barrel market in South Africa.
This report provides an in-depth analysis of the market for wooden case and box in South Africa.
This report provides an in-depth analysis of the global wood barrel market.
This report provides an in-depth analysis of the global market for wooden case and box.
This report provides an in-depth analysis of the wood barrel market in South Africa.
This report provides an in-depth analysis of the global wood barrel market.
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