Price for Moulding Boxes; for Metal Foundry in Singapore - 2022

Contents:

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

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

The average export price for moulding boxes; for metal foundries stood at $28,906 per ton in 2022, declining by -31.8% against the previous year. In general, export price indicated measured growth 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 +11.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $42,399 per ton, and then shrank remarkably in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($29,036 per ton), while the average price for exports to Malaysia ($28,906 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 (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for moulding boxes; for metal foundries stood at $79,281 per ton in 2022, with an increase of 309% against the previous year. Over the period under review, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($21,171 per ton), while the price for Australia ($4,601 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-1.9%), while the prices for the other major suppliers experienced a decline.

Exports of Moulding Boxes; for Metal Foundry in Singapore

In 2022, after two years of decline, there was significant growth in shipments abroad of moulding boxes; for metal foundries, when their volume increased by 54% to 47 tons. Overall, exports, however, recorded a deep reduction.

In value terms, moulding boxes; for metal foundry exports rose remarkably to $1.4M in 2022. Over the period under review, exports, however, showed a deep reduction.

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

1. Malaysia (29.8 tons)
2. Indonesia (17.0 tons)
3. China (0.1 tons)

Imports of Moulding Boxes; for Metal Foundry in Singapore

In 2022, supplies from abroad of moulding boxes; for metal foundries was finally on the rise to reach 45 tons after two years of decline. Over the period under review, imports, however, faced a dramatic descent.

In value terms, moulding boxes; for metal foundry imports soared to $3.6M in 2022. Overall, imports, however, faced a sharp reduction.

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

1. United States (30.9 tons)
2. Malaysia (8.6 tons)
3. Indonesia (1.7 tons)
4. China (1.5 tons)
5. Australia (1.0 tons)

Source: IndexBox Market Intelligence Platform