Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (FOB) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (CIF) - 2022
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $52,423 per unit in 2022, picking up by 10% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $64,309 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($187,051 per unit), while the average price for exports to Angola ($6,474 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $331,687 per unit, growing by 4% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 55% against the previous year. Over the period under review, average import prices reached the maximum at $730,715 per unit in 2012; however, from 2013 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 the United States ($2,129,881 per unit), while the price for Taiwan (Chinese) ($47,074 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the prices for the other major suppliers experienced a decline.
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China
In 2022, approx. 4.4K units of casting machines; of a kind used in metallurgy or in metal foundrieses were exported from China; with an increase of 21% against the previous year. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $230M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.0 | 15.1 | 24.8 | 49.2 | 32.8% |
| Indonesia | 9.5 | 16.3 | 16.3 | 28.2 | 43.7% |
| Mexico | 6.8 | 8.5 | 7.8 | 19.5 | 42.1% |
| Vietnam | 19.0 | 13.7 | 14.1 | 14.8 | -8.0% |
| Russia | 6.0 | 4.9 | 13.1 | 10.1 | 19.0% |
| Malaysia | 3.5 | 11.1 | 4.3 | 8.5 | 34.4% |
| Thailand | 6.9 | 4.9 | 4.4 | 7.0 | 0.5% |
| Turkey | 2.0 | 2.5 | 8.5 | 6.1 | 45.0% |
| United Arab Emirates | 0.5 | 0.2 | 1.4 | 4.5 | 108.0% |
| Egypt | 5.5 | 5.4 | 8.3 | 3.0 | -18.3% |
| Belarus | N/A | N/A | 0.1 | 2.2 | 2100.0% |
| Tanzania | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
| Angola | 0.2 | N/A | N/A | 0.9 | 65.1% |
| Others | 57.2 | 60.1 | 69.0 | 74.9 | 9.4% |
| Total | 138 | 143 | 172 | 230 | 18.6% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from China in 2022:
- India (684.0 units)
- Vietnam (300.0 units)
- Thailand (259.0 units)
- Russia (252.0 units)
- Mexico (213.0 units)
- United Arab Emirates (180.0 units)
- Tanzania (171.0 units)
- Egypt (160.0 units)
- Indonesia (151.0 units)
- Angola (136.0 units)
- Belarus (104.0 units)
- Turkey (100.0 units)
- Malaysia (98.0 units)
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China
In 2022, approx. 424 units of casting machines; of a kind used in metallurgy or in metal foundrieses were imported into China; jumping by 24% against 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports of reached the maximum at 429 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $141M in 2022. Over the period under review, imports, however, showed a abrupt decline. Imports peaked at $228M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 94.2 | 35.9 | 47.6 | 58.7 | -14.6% |
| United States | 35.9 | 21.4 | 21.3 | 31.9 | -3.9% |
| Italy | 24.1 | 9.9 | 15.0 | 24.5 | 0.6% |
| Germany | 20.7 | 14.8 | 3.9 | 5.2 | -36.9% |
| Taiwan (Chinese) | 2.0 | 2.9 | 4.9 | 4.8 | 33.9% |
| Norway | 10.5 | N/A | N/A | 4.7 | -23.5% |
| France | 1.1 | N/A | 0.1 | 2.8 | 36.5% |
| South Korea | 4.4 | 0.2 | 4.4 | 1.6 | -28.6% |
| Others | 35.2 | 23.1 | 12.2 | 6.4 | -43.3% |
| Total | 228 | 108 | 109 | 141 | -14.8% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to China in 2022:
- Japan (199.0 units)
- Taiwan (Chinese) (102.0 units)
- Italy (42.0 units)
- Germany (18.0 units)
- France (16.0 units)
- United States (15.0 units)
- South Korea (9.0 units)
- Norway (9.0 units)
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