Price for Moulding Boxes; for Metal Foundry in China - 2023
Contents:
- Price for Moulding Boxes; for Metal Foundry in China (FOB) - 2022
- Price for Moulding Boxes; for Metal Foundry in China (CIF) - 2022
- Exports of Moulding Boxes; for Metal Foundry in China
- Imports of Moulding Boxes; for Metal Foundry in China
Price for Moulding Boxes; for Metal Foundry in China (FOB) - 2022
In 2022, the average export price for moulding boxes; for metal foundries amounted to $6,631 per ton, surging by 8.7% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 163% against the previous year. As a result, the export price reached the peak level of $7,058 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($17,546 per ton), while the average price for exports to the Netherlands ($2,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Moulding Boxes; for Metal Foundry in China (CIF) - 2022
The average import price for moulding boxes; for metal foundries stood at $49,448 per ton in 2022, growing by 52% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 147% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($129,579 per ton), while the price for Malaysia ($12,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Moulding Boxes; for Metal Foundry in China
In 2022, approx. 7.1K tons of moulding boxes; for metal foundries were exported from China; increasing by 7% compared with the previous year. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 $47M in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Moulding Boxes; for Metal Foundry in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 15.8 | 18.2 | 18.2 | 20.0 | 8.2% |
| India | 6.2 | 2.0 | 5.7 | 7.8 | 8.0% |
| Japan | 4.2 | 2.3 | 3.7 | 3.5 | -5.9% |
| Germany | 5.2 | 5.2 | 3.0 | 3.1 | -15.8% |
| Spain | 1.9 | 1.3 | 1.9 | 1.8 | -1.8% |
| United States | 2.9 | 1.4 | 0.9 | 1.3 | -23.5% |
| Italy | 0.2 | 0.3 | 0.1 | 0.8 | 58.7% |
| Thailand | 0.8 | 0.3 | N/A | 0.7 | -4.4% |
| South Korea | 0.3 | 0.5 | 0.6 | 0.7 | 32.6% |
| Netherlands | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Russia | 0.3 | 1.0 | 0.7 | 0.3 | 0.0% |
| Pakistan | 2.2 | N/A | 0.1 | 0.2 | -55.0% |
| Others | 5.0 | 10.3 | 5.3 | 6.4 | 8.6% |
| Total | 45.0 | 42.8 | 40.3 | 46.9 | 1.4% |
Top Export Markets for Moulding Boxes; for Metal Foundry from China in 2022:
- India (2164.9 tons)
- Mexico (1137.1 tons)
- Japan (744.4 tons)
- Germany (638.5 tons)
- United States (335.2 tons)
- Netherlands (248.1 tons)
- South Korea (237.9 tons)
- Spain (178.6 tons)
- Italy (129.0 tons)
- Thailand (119.9 tons)
- Russia (114.9 tons)
- Pakistan (26.4 tons)
Imports of Moulding Boxes; for Metal Foundry in China
In 2022, the amount of moulding boxes; for metal foundries imported into China contracted rapidly to 195 tons, shrinking by -29.9% compared with 2021. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of 278 tons, and then reduced dramatically in the following year.
In value terms, moulding boxes; for metal foundry imports expanded sharply to $9.6M in 2022. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Moulding Boxes; for Metal Foundry in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 5.8 | 22.6 | 1,383 | 422.4% |
| Italy | N/A | 114 | 3.3 | 1,381 | 248.1% |
| Japan | 152 | 196 | 149 | 1,359 | 107.6% |
| South Korea | 3,004 | 547 | 234 | 1,261 | -25.1% |
| Thailand | N/A | N/A | 1.3 | 89.7 | 6800.0% |
| Germany | 2,492 | 231 | 6,027 | 52.3 | -72.4% |
| Malaysia | 0.7 | 0.5 | 41.6 | 37.0 | 275.3% |
| Norway | N/A | 2,804 | N/A | N/A | 0% |
| United Kingdom | 1,417 | N/A | 1,597 | N/A | 6.2% |
| Taiwan (Chinese) | 482 | N/A | N/A | N/A | 0% |
| Others | 43.2 | 673 | 967 | 4,077 | 355.3% |
| Total | 7,601 | 4,572 | 9,043 | 9,639 | 8.2% |
Top Suppliers of Moulding Boxes; for Metal Foundry to China in 2022:
- South Korea (52.2 tons)
- United States (51.5 tons)
- Japan (41.2 tons)
- Italy (10.7 tons)
- Thailand (3.7 tons)
- Malaysia (3.0 tons)
- Germany (1.7 tons)
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