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

Contents:

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

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

In 2022, the average import price for moulding boxes; for metal foundries amounted to $7,560 per ton, dropping by -43.8% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 413% against the previous year. The import price peaked at $21,647 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +14.8% per year.

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

In 2022, the average export price for moulding boxes; for metal foundries amounted to $28,901 per ton, which is down by -5.1% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 141%. The export price peaked at $30,450 per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($28,905 per ton) and the United States ($28,904 per ton), while the average price for exports to Malaysia ($28,795 per ton) and Indonesia ($28,828 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulding Boxes; for Metal Foundry in Australia

In 2022, approx. 88 tons of moulding boxes; for metal foundries were imported into Australia; growing by 137% against 2021. Overall, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports skyrocketed to $662K in 2022. In general, imports, however, faced a deep downturn.

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

1. China (86.3 tons)

Exports of Moulding Boxes; for Metal Foundry in Australia

Moulding boxes; for metal foundry exports from Australia rose to 3.9 tons in 2022, surging by 3.1% on the previous year. In general, exports, however, faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 400% against the previous year.

In value terms, moulding boxes; for metal foundry exports declined modestly to $113K in 2022. Overall, exports, however, faced a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 520%.

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

1. China (2216.0 kg)
2. United States (1066.0 kg)
3. New Zealand (195.0 kg)
4. Singapore (129.0 kg)
5. Indonesia (122.0 kg)
6. Malaysia (83.0 kg)

Source: IndexBox Market Intelligence Platform