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

Contents:

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

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

The average import price for moulding boxes; for metal foundries stood at $4,493 per ton in 2022, with a decrease of -46.5% against the previous year. In general, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 83% against the previous year. Over the period under review, average import prices attained the maximum at $32,189 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Taiwan (Chinese) ($39,114 per ton), while the price for China ($3,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for moulding boxes; for metal foundries stood at $8,760 per ton in 2022, picking up by 27% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 +52.3% against 2015 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 126%. Over the period under review, the average export prices reached the peak figure at $13,675 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($31,201 per ton), while the average price for exports to the United Arab Emirates ($2,225 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 Ireland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulding Boxes; for Metal Foundry in India

In 2022, the amount of moulding boxes; for metal foundries imported into India skyrocketed to 2.1K tons, increasing by 139% against the year before. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 166%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, moulding boxes; for metal foundry imports skyrocketed to $9.5M in 2022. Over the period under review, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 84%.

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

1. China (2054.0 tons)
2. Italy (35.0 tons)

Exports of Moulding Boxes; for Metal Foundry in India

In 2022, approx. 274 tons of moulding boxes; for metal foundries were exported from India; with an increase of 86% compared with the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry exports skyrocketed to $2.4M in 2022. Over the period under review, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Nepal (70.8 tons)
2. United Arab Emirates (31.2 tons)
3. United States (31.0 tons)
4. Nigeria (28.1 tons)
5. United Kingdom (16.8 tons)
6. Bangladesh (14.8 tons)
7. Saudi Arabia (12.9 tons)
8. Sri Lanka (12.9 tons)
9. Kenya (11.4 tons)
10. Ireland (9.7 tons)
11. Kuwait (6.7 tons)
12. Senegal (5.4 tons)
13. Poland (4.7 tons)

Source: IndexBox Market Intelligence Platform