Price for Moulding Boxes; for Metal Foundry in Sri Lanka - 2021

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

In 2022, the average import price for moulding boxes; for metal foundries amounted to $2,323 per ton, picking up by 1.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs at $5,110 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($17,333 per ton), while the price for China ($939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for moulding boxes; for metal foundries amounted to $11,372 per ton, with a decrease of -4.6% against the previous year. Over the period under review, the export price, however, showed mild growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 132%. As a result, the export price attained the peak level of $14,216 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +10.3% per year.

Imports of Moulding Boxes; for Metal Foundry in Sri Lanka

In 2022, moulding boxes; for metal foundry imports into Sri Lanka skyrocketed to 19 tons, picking up by 39% against the previous year's figure. Over the period under review, imports continue to indicate a mild increase. The pace of growth was the most pronounced in 2021 when imports increased by 175% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, moulding boxes; for metal foundry imports soared to $44K in 2022. Overall, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 68%.

Import of Moulding Boxes; for Metal Foundry in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	21.6	2.6	2.1	35.8	18.3%
China	12.4	4.7	18.1	7.3	-16.2%
Germany	1.8	1.0	1.2	N/A	-18.4%
Pakistan	1.7	1.3	2.3	N/A	16.3%
Others	19.3	9.2	7.7	1.4	-58.3%
Total	57.0	18.7	31.4	44.5	-7.9%

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

India (11.3 tons)
China (7.8 tons)

Exports of Moulding Boxes; for Metal Foundry in Sri Lanka

In 2022, overseas shipments of moulding boxes; for metal foundries were finally on the rise to reach 78 kg after two years of decline. Overall, exports, however, continue to indicate a abrupt shrinkage.

In value terms, moulding boxes; for metal foundry exports reached $887 in 2022. In general, exports, however, recorded a perceptible downturn.