United Kingdom - 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 the UK - 2023
Contents:
- Wood Barrel Price in the UK (CIF) - 2023
- Wood Barrel Price in the UK (FOB) - 2023
- Wood Barrel Imports in the UK
- Wood Barrel Exports in the UK
Wood Barrel Price in the UK (CIF) - 2023
In August 2023, the average wood barrel import price amounted to $59.9 per unit, falling by -16.9% against the previous month. In general, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, wood barrel import price decreased by -17.1% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 24% against the previous month. As a result, import price attained the peak level of $72.3 per unit. From July 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($184 per unit), while the price for the United States ($47.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Barrel Price in the UK (FOB) - 2023
In August 2023, the average wood barrel export price amounted to $17.5 per unit, dropping by -23.2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 78% m-o-m. As a result, the export price attained the peak level of $27.8 per unit. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Japan ($52.8 per unit), while the average price for exports to the Netherlands ($4.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Barrel Imports in the UK
In 2022, purchases abroad of casks, barrels, vats, tubs, and coopers products of wood was finally on the rise to reach 4M units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood barrel imports soared to $206M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +48.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wood Barrel in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 101 | 88.0 | 62.9 | 95.8 | -1.7% |
Spain | 62.9 | 43.4 | 66.8 | 89.8 | 12.6% |
France | 2.8 | 4.1 | 5.8 | 11.4 | 59.7% |
Others | 4.3 | 3.1 | 5.3 | 8.7 | 26.5% |
Total | 171 | 139 | 141 | 206 | 6.4% |
Top Suppliers of Wood Barrel to the UK in 2022:
- United States (3.1M units)
- Spain (0.7M units)
- France (0.1M units)
Wood Barrel Exports in the UK
Wood barrel exports from the UK amounted to 425K units in 2022, surging by 12% compared with 2021. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, wood barrel exports declined to $6.7M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $7.5M, and then declined in the following year.
Export of Wood Barrel in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,316 | 1,597 | 2,771 | 1,944 | 13.9% |
Spain | 799 | 1,207 | 907 | 1,185 | 14.0% |
Ireland | 699 | 915 | 842 | 614 | -4.2% |
Germany | 14.4 | 31.1 | 562 | 584 | 243.6% |
Netherlands | 137 | 154 | 240 | 481 | 52.0% |
France | 92.7 | 606 | 172 | 257 | 40.5% |
Denmark | 42.0 | 29.0 | 223 | 230 | 76.3% |
Cuba | 1,539 | 411 | 376 | 45.3 | -69.1% |
Others | 1,885 | 669 | 1,362 | 1,389 | -9.7% |
Total | 6,524 | 5,620 | 7,455 | 6,731 | 1.0% |
Top Export Markets for Wood Barrel from the UK in 2022:
- Spain (173.1K units)
- Netherlands (66.9K units)
- Japan (62.9K units)
- Germany (18.3K units)
- Ireland (15.5K units)
- France (9.8K units)
- Denmark (8.2K units)
- Cuba (1.9K units)
This report provides an in-depth analysis of the wood barrel market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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 the UK.
This report provides an in-depth analysis of the market for wooden case and box in the UK.
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 the UK.
This report provides an in-depth analysis of the global wood barrel market.
During the review period, imports of Wood Barrels reached their peak in November 2022, with a total of 484K units. However, from December 2022 to November 2023, imports remained at a lower figure. In terms of value, Wood Barrel imports experienced a significant increase, amounting to $29M in November 2023.
In February 2023, the wood barrel price amounted to $58.9 per unit (CIF, United Kingdom), growing by 6.1% against the previous month.
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During the review period, imports of Wood Barrels reached their peak in November 2022, with a total of 484K units. However, from December 2022 to November 2023, imports remained at a lower figure. In terms of value, Wood Barrel imports experienced a significant increase, amounting to $29M in November 2023.
In February 2023, the wood barrel price amounted to $58.9 per unit (CIF, United Kingdom), growing by 6.1% against the previous month.