United Kingdom - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Binders Price in the UK - 2023

Contents:

  1. Prepared Binders Price in the UK (FOB) - 2022
  2. Prepared Binders Price in the UK (CIF) - 2023
  3. Prepared Binders Exports in the UK
  4. Prepared Binders Imports in the UK

Prepared Binders Price in the UK (FOB) - 2022

In 2022, the average prepared binders export price amounted to $3,003 per ton, surging by 9.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. As a result, the export price reached the peak level of $3,519 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($4,363 per ton), while the average price for exports to Belgium ($655 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 France (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Price in the UK (CIF) - 2023

The average prepared binders import price stood at $3,673 per ton in June 2023, rising by 15% against the previous month. Over the period under review, the import price, however, showed a mild downturn. The pace of growth was the most pronounced in February 2023 an increase of 90% m-o-m. As a result, import price reached the peak level of $6,172 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($33,023 per ton), while the price for Canada ($896 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Binders Exports in the UK

For the third year in a row, the UK recorded decline in shipments abroad of prepared binders for foundry moulds or cores, which decreased by -23.9% to 8.9K tons in 2022. In general, exports recorded a abrupt decline. The smallest decline of -7.6% was in 2021.

In value terms, prepared binders exports dropped rapidly to $27M in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 15%.

Export of Prepared Binders in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.23.83.63.7-19.9%
United States6.13.44.43.5-16.9%
Netherlands4.24.23.83.1-9.6%
Poland3.82.23.93.0-7.6%
Germany1.21.11.41.1-2.9%
Belgium0.80.61.51.111.2%
Ireland1.61.50.91.0-14.5%
India0.50.61.10.921.6%
Ukraine0.10.60.70.571.0%
Italy0.70.60.60.5-10.6%
Denmark0.50.50.40.4-7.2%
Russia0.50.70.50.4-7.2%
Others9.08.09.27.4-6.3%
Total36.227.731.926.6-9.8%

Top Export Markets for Prepared Binders from the UK in 2022:

  1. Belgium (1747.7 tons)
  2. United States (1105.9 tons)
  3. Poland (1081.6 tons)
  4. China (1024.8 tons)
  5. Netherlands (707.9 tons)
  6. Germany (294.7 tons)
  7. India (287.4 tons)
  8. Ireland (251.5 tons)
  9. Russia (162.4 tons)
  10. Ukraine (162.1 tons)
  11. Italy (158.6 tons)
  12. Denmark (151.1 tons)

Prepared Binders Imports in the UK

In 2022, overseas purchases of prepared binders for foundry moulds or cores were finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt setback.

In value terms, prepared binders imports surged to $8.1M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Prepared Binders in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,0521,5961,9882,80611.0%
United States1,4541,1571,0641,6704.7%
Spain2,30374387.61,409-15.1%
Italy1,1018913751,072-0.9%
China33495.3151263-7.7%
India11111975.41397.8%
Others51040850372012.2%
Total7,8645,0104,2438,0800.9%

Top Suppliers of Prepared Binders to the UK in 2022:

  1. Germany (857.7 tons)
  2. Spain (570.1 tons)
  3. Italy (351.5 tons)
  4. United States (168.6 tons)
  5. China (117.7 tons)
  6. India (97.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared binders market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20595720 - Prepared binders for foundry moulds or cores

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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