Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK (FOB) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK (CIF) - 2022
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $48,157 per unit in 2022, surging by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2014 when the average export price increased by 32%. The export price peaked at $57,284 per unit in 2015; however, from 2016 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 China ($138,851 per unit), while the average price for exports to Slovakia ($2,172 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 Ireland (+60.4%), 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 the UK (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $42,376 per unit, growing by 136% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($71,001 per unit), while the price for Sweden ($1,442 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+72.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK
Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from the UK shrank remarkably to 359 units in 2022, waning by -20.2% on 2021 figures. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 3.2% against the previous year. Over the period under review, the exports of reached the maximum at 504 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses declined to $17M in 2022. Overall, exports faced a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 3.8%. Over the period under review, the exports of hit record highs at $24M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 6.6 | 4.6 | 6.7 | 42.8% |
| Turkey | 0.2 | 0.5 | 3.0 | 3.2 | 152.0% |
| China | 2.5 | 1.9 | 0.3 | 2.1 | -5.6% |
| Brazil | 0.6 | 0.6 | 0.6 | 1.4 | 32.6% |
| Canada | 0.1 | 0.1 | 0.1 | 1.3 | 135.1% |
| Italy | 1.4 | N/A | 0.3 | 1.0 | -10.6% |
| Ireland | N/A | N/A | N/A | 0.4 | 0% |
| Romania | N/A | N/A | N/A | 0.2 | 0% |
| Slovakia | N/A | N/A | N/A | 0.1 | 0% |
| Peru | 0.9 | 1.1 | 1.3 | N/A | 20.2% |
| Mexico | 4.6 | 0.1 | N/A | N/A | -97.8% |
| Algeria | N/A | 1.6 | N/A | N/A | 0% |
| Portugal | 3.5 | 4.1 | 5.0 | N/A | 19.5% |
| Others | 7.8 | 2.7 | 4.6 | 0.9 | -51.3% |
| Total | 23.9 | 19.2 | 20.0 | 17.3 | -10.2% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from the UK in 2022:
- United States (107.0 units)
- Slovakia (58.0 units)
- Turkey (51.0 units)
- Romania (24.0 units)
- Brazil (22.0 units)
- Canada (20.0 units)
- Italy (16.0 units)
- Ireland (16.0 units)
- China (15.0 units)
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into the UK surged to 157 units, picking up by 69% on the previous year's figure. Over the period under review, imports, however, recorded a abrupt decline. Over the period under review, imports of hit record highs at 220 units in 2020; however, from 2021 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 surged to $6.7M in 2022. Overall, imports saw a buoyant expansion. Imports peaked at $7.6M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 24.1 | 0.9 | 3,911 | 2253.5% |
| China | 1,994 | 124 | 24.7 | 1,133 | -17.2% |
| Italy | 672 | 3,909 | 242 | 923 | 11.2% |
| United States | 258 | 186 | 70.9 | 272 | 1.8% |
| Denmark | N/A | N/A | N/A | 142 | 0% |
| India | 18.7 | 5.3 | 74.2 | 123 | 87.4% |
| Slovakia | N/A | N/A | N/A | 44.8 | 0% |
| Poland | 181 | 102 | 59.5 | 11.6 | -60.0% |
| France | 317 | 157 | 82.6 | 3.6 | -77.5% |
| Bulgaria | 408 | 294 | 292 | N/A | -15.4% |
| Austria | 1,003 | 172 | 40.6 | N/A | -79.9% |
| Slovenia | 159 | 117 | 118 | N/A | -13.9% |
| Others | 168 | 2,469 | 664 | 88.8 | -19.1% |
| Total | 5,179 | 7,559 | 1,669 | 6,653 | 8.7% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to the UK in 2022:
- Germany (70.0 units)
- United States (24.0 units)
- China (16.0 units)
- Italy (13.0 units)
- Denmark (9.0 units)
- India (8.0 units)
- Slovakia (3.0 units)
- Poland (1.0 units)
- France (1.0 units)
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