Europe: Wood Barrel Market 2024

Wood Barrel Market Size in Europe

In 2022, the Europe wood barrel market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Wood Barrel Production in Europe

In value terms, wood barrel production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Wood Barrel Exports

Exports in Europe

In 2022, shipments abroad of casks, barrels, vats, tubs, and coopers products of wood increased by X% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, wood barrel exports rose rapidly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, France (X units) was the major exporter of casks, barrels, vats, tubs, and coopers products of wood, creating X% of total exports. It was distantly followed by Spain (X units) and the UK (X units), together achieving a X% share of total exports. Ireland (X units), Lithuania (X units), Portugal (X units), Romania (X units), Hungary (X units) and Ukraine (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest wood barrel supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Lithuania, with a X% share.

In France, wood barrel exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (X% per year) and Lithuania (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Wood Barrel Imports

Imports in Europe

Wood barrel imports soared to X units in 2022, with an increase of X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 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 surged to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the UK (X units) represented the major importer of casks, barrels, vats, tubs, and coopers products of wood, making up X% of total imports. Ireland (X units) ranks second in terms of the total imports with a X% share, followed by France (X%) and Spain (X%). Italy (X units) and Germany (X units) took a relatively small share of total imports.

Imports into the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Germany (X%), Ireland (X%), France (X%), Spain (X%) and Italy (X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. While the share of Ireland (X p.p.) and France (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported casks, barrels, vats, tubs, and coopers products of wood in Europe, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

In the UK, wood barrel imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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