Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Market

The article discusses the increasing demand for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids globally. It provides forecasts for market performance, with anticipated growth rates in both volume and value terms. The analysis covers consumption patterns, production volumes, import/export dynamics, and price trends across various countries. Key insights are provided into the major exporting and importing countries, types of machinery, and price differentials over the years.

Market Forecast

Driven by increasing demand for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +1.7% for the period from 2022 to 2030, which is projected to bring the market volume to 7.8M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market value to $45.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

In 2022, consumption of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -1.2% to 6.8M units, falling for the second consecutive year after three years of growth. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of 7.5M units. From 2017 to 2022, the growth of the global consumption of remained at a somewhat lower figure.

The revenue of the market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids worldwide amounted to $35.5B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a slight downturn. Global consumption peaked at $40.9B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (1.2M units), the United States (890K units) and India (374K units), with a combined 37% share of global consumption. Japan, the UK, Brazil, Russia, Ethiopia, Democratic Republic of the Congo, Spain, Nigeria, Turkey and Iran lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +8.6%), while solids for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($9.7B) led the market, alone. The second position in the ranking was taken by Japan ($4.4B). It was followed by China.

In the United States, the market of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids plunged by an average annual rate of -2.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: Japan (-2.5% per year) and China (-1.9% per year).

The countries with the highest levels of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids per capita consumption in 2022 were the UK (3.7 units per 1000 persons), Spain (2.7 units per 1000 persons) and the United States (2.7 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +7.2%), while solids for the other global leaders experienced more modest paces of growth.

Production

World Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids produced worldwide reached 6.9M units, remaining stable against 2021. In general, production saw a modest increase. The growth pace was the most rapid in 2017 when the production volume increased by 17% against the previous year. As a result, production reached the peak volume of 7.5M units. From 2018 to 2022, global production of growth remained at a somewhat lower figure.

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped modestly to $32.7B in 2022 estimated in export price. Over the period under review, production, however, showed a mild downturn. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Over the period under review, global production of hit record highs at $39.5B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Production By Country

China (2.6M units) constituted the country with the largest volume of production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, comprising approx. 38% of total volume. Moreover, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in China exceeded the figures recorded by the second-largest producer, the United States (634K units), fourfold. Turkey (375K units) ranked third in terms of total production with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +4.9%. The remaining producing countries recorded the following average annual rates of production growth: the United States (-5.8% per year) and Turkey (+6.1% per year).

Imports

World Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

In 2022, global imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted slightly to 3.1M units, approximately equating the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 39% against the previous year. As a result, imports reached the peak of 3.9M units. From 2017 to 2022, the growth of global imports of failed to regain momentum.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $11.7B in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Global imports peaked at $13.2B in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports By Country

In 2022, the United States (297K units), followed by Russia (178K units) and India (143K units) represented the largest importers of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, together achieving 20% of total imports. The following importers - Germany (92K units), France (87K units), Indonesia (86K units), Mexico (86K units), Saudi Arabia (74K units), Nigeria (73K units), Ghana (70K units), South Africa (64K units), Algeria (60K units) and Romania (60K units) - together made up 24% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of +17.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids importing markets worldwide were the United States ($1.1B), Indonesia ($801M) and Russia ($627M), together comprising 21% of global imports.

Among the main importing countries, Indonesia, with a CAGR of +9.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

In 2022, concrete or mortar mixers (2M units) represented the major type of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, achieving 64% of total imports. Machines (496K units) took the second position in the ranking, distantly followed by machines; for crushing or grinding earth, stone, ores or other mineral substances (250K units), machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (228K units) and machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen (147K units). All these products together took near 36% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to concrete or mortar mixers imports of stood at +1.5%. At the same time, machines (+6.2%), machines; for crushing or grinding earth, stone, ores or other mineral substances (+3.1%) and machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (+2.0%) displayed positive paces of growth. Moreover, machines emerged as the fastest-growing type imported in the world, with a CAGR of +6.2% from 2012-2022. Machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen experienced a relatively flat trend pattern. While the share of machines (+5.1 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of concrete or mortar mixers (-4.1 p.p.) displayed negative dynamics. The shares of the other products remained relatively stable throughout the analyzed period.

In value terms, machines; for crushing or grinding earth, stone, ores or other mineral substances ($3.8B), machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances ($3B) and machines ($2.7B) appeared to be the products with the highest levels of imports in 2022, together comprising 81% of global imports.

Machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances, with a CAGR of +1.5%, recorded the highest rates of growth with regard to the value of imports, among the main imported products over the period under review, while purchases for the other products experienced a decline in the imports figures.

Import Prices By Type

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $3,779 per unit, surging by 13% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by 46%. Global import price peaked at $4,911 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by the product type; the product with the highest price was machines for mixing mineral substances with bitumen ($36,027 per unit), while the price for concrete or mortar mixers ($575 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (-0.5%), while the other products experienced a decline in the import price figures.

Import Prices By Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $3,779 per unit, with an increase of 13% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs at $4,911 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia ($9,267 per unit), while Ghana ($909 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

In 2022, shipments abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 1.5% to 3.2M units, rising for the third year in a row after two years of decline. Overall, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.3% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 52% against the previous year. As a result, the exports attained the peak of 4.3M units. From 2018 to 2022, the growth of the global exports of failed to regain momentum.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids rose significantly to $10.8B in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The global exports peaked at $11.9B in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

In 2022, China (1.4M units) was the major exporter of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, comprising 43% of total exports. It was distantly followed by Turkey (275K units), Germany (201K units) and Italy (165K units), together generating a 20% share of total exports. India (133K units), South Africa (106K units), Bolivia (105K units), Australia (95K units), Canada (69K units), Mexico (56K units) and Portugal (49K units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from China stood at +10.4%. At the same time, Bolivia (+196.5%), India (+13.5%), South Africa (+10.1%), Mexico (+9.8%), Canada (+9.0%) and Turkey (+7.1%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing exporter exported in the world, with a CAGR of +196.5% from 2012-2022. Portugal and Australia experienced a relatively flat trend pattern. By contrast, Germany (-3.8%) and Italy (-4.4%) illustrated a downward trend over the same period. China (+21 p.p.), Bolivia (+3.3 p.p.), Turkey (+2.6 p.p.), India (+2.5 p.p.) and South Africa (+1.5 p.p.) significantly strengthened its position in terms of the global exports, while Australia, Italy and Germany saw its share reduced by -1.5%, -6.2% and -6.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($2.6B), Germany ($1.4B) and Italy ($1B) were the countries with the highest levels of exports in 2022, together accounting for 46% of global exports. Turkey, India, Canada, South Africa, Australia, Portugal, Mexico and Bolivia lagged somewhat behind, together accounting for a further 11%.

Bolivia, with a CAGR of +39.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Exports By Type

Concrete or mortar mixers represented the largest type of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in the world, with the volume of exports recording 2M units, which was approx. 63% of total exports in 2022. Machines (480K units) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (10%), machines; for crushing or grinding earth, stone, ores or other mineral substances (6.2%) and machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen (5.7%).

Exports of concrete or mortar mixers increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, machines (+9.2%), machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen (+8.6%), machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (+5.9%) and machines; for crushing or grinding earth, stone, ores or other mineral substances (+2.6%) displayed positive paces of growth. Moreover, machines emerged as the fastest-growing type exported in the world, with a CAGR of +9.2% from 2012-2022. From 2012 to 2022, the share of machines, machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen and machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances increased by +6.4, +2.2 and +2.1 percentage points, respectively. The shares of the other products remained relatively stable throughout the analyzed period.

In value terms, machines; for crushing or grinding earth, stone, ores or other mineral substances ($3.8B), machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances ($2.9B) and machines ($2B) were the products with the highest levels of exports in 2022, with a combined 80% share of global exports.

Among the main exported products, machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances, with a CAGR of +1.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced a decline in the exports figures.

Export Prices By Type

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $3,378 per unit in 2022, growing by 4.7% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The growth pace was the most rapid in 2019 an increase of 58% against the previous year. The global export price peaked at $5,187 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the product type; the product with the highest price was machines for mixing mineral substances with bitumen ($59,885 per unit), while the average price for exports of concrete or mortar mixers ($573 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by bitumen mixer (+3.1%), while the other products experienced a decline in the export price figures.

Export Prices By Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $3,378 per unit in 2022, picking up by 4.7% against the previous year. Overall, the export price, however, recorded a perceptible slump. The growth pace was the most rapid in 2019 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices hit record highs at $5,187 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,779 per unit), while Bolivia ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform