Price for Moulding Boxes; for Metal Foundry in Canada - 2023

Contents:

1. Price for Moulding Boxes; for Metal Foundry in Canada (CIF) - 2022
2. Price for Moulding Boxes; for Metal Foundry in Canada (FOB) - 2022
3. Imports of Moulding Boxes; for Metal Foundry in Canada
4. Exports of Moulding Boxes; for Metal Foundry in Canada

Price for Moulding Boxes; for Metal Foundry in Canada (CIF) - 2022

The average import price for moulding boxes; for metal foundries stood at $31,627 per ton in 2022, picking up by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 an increase of 32%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($31,634 per ton) and the United States ($31,630 per ton), while the price for Italy ($31,580 per ton) and the UK ($31,599 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in Canada (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $28,906 per ton in 2022, which is down by -31.9% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulding boxes; for metal foundry export price increased by +11.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $42,425 per ton in 2021, and then shrank significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.4% per year.

Imports of Moulding Boxes; for Metal Foundry in Canada

Moulding boxes; for metal foundry imports into Canada skyrocketed to 40 tons in 2022, increasing by 43% compared with the previous year. Over the period under review, imports, however, continue to indicate a slight descent.

In value terms, moulding boxes; for metal foundry imports soared to $1.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, 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.

Top Suppliers of Moulding Boxes; for Metal Foundry to Canada in 2022:

1. United States (22.9 tons)
2. China (15.8 tons)
3. India (0.7 tons)

Exports of Moulding Boxes; for Metal Foundry in Canada

In 2022, shipments abroad of moulding boxes; for metal foundries was finally on the rise to reach 20 tons after two years of decline. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry exports skyrocketed to $581K 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.

Top Export Markets for Moulding Boxes; for Metal Foundry from Canada in 2022:

1. United States (20.1 tons)

Source: IndexBox Market Intelligence Platform