Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia - 2024

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $15,072 per unit, increasing by 24% against the previous year. In general, the import price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 64%. As a result, import price reached the peak level of $33,643 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($20,593 per unit), while the price for Turkey ($11,534 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+66.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $7,452 per unit in 2022, growing by 34% against the previous year. In general, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70%. Over the period under review, the average export prices hit record highs at $11,542 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($180,347 per unit), while the average price for exports to South Korea ($126 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 Papua New Guinea (+131.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia

Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Australia surged to 142 units in 2022, jumping by 122% on the previous year's figure. In general, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $2.1M in 2022. Overall, imports, however, showed a abrupt downturn. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9657.115.19730.3%
TurkeyN/AN/A3.087729133.3%
China12313012316510.3%
Germany41.880.070.677.522.8%
United States64632.831.712.7-73.0%
United KingdomN/AN/A4733.9-99.2%
BulgariaN/A11.6N/AN/A0%
Others1,52161.061.331.9-72.4%
Total3,2973227782,140-13.4%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Australia in 2022:

  1. Turkey (76.0 units)
  2. Italy (50.0 units)
  3. China (8.0 units)
  4. Germany (2.0 units)
  5. United States (1.0 units)
  6. United Kingdom (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia

In 2022, approx. 48 units of casting machines; of a kind used in metallurgy or in metal foundrieses were exported from Australia; increasing by 85% against the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $358K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New GuineaN/AN/AN/A1800%
New CaledoniaN/AN/AN/A69.60%
BelgiumN/AN/AN/A40.90%
China24.59.586.034.111.7%
New ZealandN/A74.143.213.3-57.6%
Bahrain18.0N/AN/A7.1-26.7%
South KoreaN/AN/AN/A3.40%
Malaysia99.5N/A15.83.1-68.5%
OthersN/A15.5N/A5.8-38.8%
Total14299.114535836.1%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Australia in 2022:

  1. South Korea (27.0 units)
  2. New Caledonia (8.0 units)
  3. China (6.0 units)
  4. New Zealand (2.0 units)
  5. Bahrain (1.0 units)
  6. Papua New Guinea (1.0 units)
  7. Malaysia (1.0 units)
  8. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

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