Price for Moulding Boxes; for Metal Foundry in the United States - 2023

Contents:

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

Price for Moulding Boxes; for Metal Foundry in the United States (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $43,370 per ton in 2022, surging by 19% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.7% 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 +67.4% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 34%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($57,398 per ton), while the average price for exports to India ($13,965 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 Canada (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in the United States (CIF) - 2022

In 2022, the average import price for moulding boxes; for metal foundries amounted to $12,587 per ton, which is down by -19.1% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 7.1%. As a result, import price reached the peak level of $27,660 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($34,138 per ton), while the price for South Korea ($5,341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Moulding Boxes; for Metal Foundry in the United States

In 2022, after two years of decline, there was significant growth in overseas shipments of moulding boxes; for metal foundries, when their volume increased by 108% to 189 tons. Overall, exports, however, recorded a significant contraction.

In value terms, moulding boxes; for metal foundry exports surged to $8.2M in 2022. In general, exports, however, recorded a deep setback.

Export of Moulding Boxes; for Metal Foundry in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico7,0432,5251,5684,499-13.9%
Canada48948830969512.4%
China1,015582261515-20.2%
SingaporeN/AN/A8.15046122.2%
Poland506886285320-14.2%
Peru16.412.920.4158112.8%
South Korea23634.8N/A136-16.8%
India9.8N/A8.541.361.5%
Germany2689.295.018.0-59.4%
Others5805137331,29330.6%
Total10,1635,0513,2898,179-7.0%

Top Export Markets for Moulding Boxes; for Metal Foundry from the United States in 2022:

  1. Mexico (116.4 tons)
  2. Singapore (16.4 tons)
  3. Canada (12.1 tons)
  4. China (12.1 tons)
  5. Peru (3.9 tons)
  6. India (3.0 tons)
  7. South Korea (2.6 tons)
  8. Poland (2.4 tons)
  9. Germany (0.6 tons)

Imports of Moulding Boxes; for Metal Foundry in the United States

In 2022, moulding boxes; for metal foundry imports into the United States soared to 312 tons, jumping by 98% on 2021 figures. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports soared to $3.9M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.6% against 2020 indices.

Import of Moulding Boxes; for Metal Foundry in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A2195621,129127.1%
India40.918.952.0960186.3%
Canada74.616418753993.3%
China1,304501183525-26.2%
South Korea63637.585.0256-26.2%
Germany1601,05075422512.0%
Taiwan (Chinese)620214144131-40.4%
Mexico83.328957.484.40.4%
Japan17473.63106.2-67.1%
Norway481N/AN/AN/A0%
Others1051,87311168.0-13.5%
Total3,6794,4392,4463,9242.2%

Top Suppliers of Moulding Boxes; for Metal Foundry to the United States in 2022:

  1. Czech Republic (75.2 tons)
  2. China (65.4 tons)
  3. Canada (60.7 tons)
  4. South Korea (47.9 tons)
  5. India (33.4 tons)
  6. Taiwan (Chinese) (13.1 tons)
  7. Germany (6.6 tons)
  8. Mexico (2.6 tons)
  9. Japan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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