Price for Moulding Boxes; for Metal Foundry in Hong Kong SAR - 2023
Contents:
- Price for Moulding Boxes; for Metal Foundry in Hong Kong SAR (FOB) - 2022
- Price for Moulding Boxes; for Metal Foundry in Hong Kong SAR (CIF) - 2022
- Exports of Moulding Boxes; for Metal Foundry in Hong Kong SAR
- Imports of Moulding Boxes; for Metal Foundry in Hong Kong SAR
Price for Moulding Boxes; for Metal Foundry in Hong Kong SAR (FOB) - 2022
The average export price for moulding boxes; for metal foundries stood at $25,050 per ton in 2022, which is down by -38.2% against the previous year. Over the period under review, the export price, however, posted slight growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 288%. As a result, the export price reached the peak level of $41,356 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($26,493 per ton), while the average price for exports to China amounted to $20,645 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%).
Price for Moulding Boxes; for Metal Foundry in Hong Kong SAR (CIF) - 2022
The average import price for moulding boxes; for metal foundries stood at $2,318 per ton in 2022, shrinking by -44.3% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 an increase of 495% against the previous year. As a result, import price attained the peak level of $58,805 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 +0.8% per year.
Exports of Moulding Boxes; for Metal Foundry in Hong Kong SAR
After three years of growth, overseas shipments of moulding boxes; for metal foundries decreased by -98.5% to 377 kg in 2022. In general, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. As a result, the exports attained the peak of 25 tons, and then shrank notably in the following year.
In value terms, moulding boxes; for metal foundry exports shrank sharply to $9.4K in 2022. Over the period under review, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 656% against the previous year.
| Export of Moulding Boxes; for Metal Foundry in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.0 | 50.3 | 37.0 | 7.5 | -38.3% |
| China | 3.0 | 425 | 991 | 1.9 | -14.1% |
| Myanmar | 0.4 | N/A | N/A | N/A | 0% |
| Others | 27.5 | N/A | N/A | N/A | 0% |
| Total | 62.9 | 475 | 1,028 | 9.4 | -46.9% |
Top Export Markets for Moulding Boxes; for Metal Foundry from Hong Kong SAR in 2022:
- United States (284.0 kg)
- China (93.0 kg)
Imports of Moulding Boxes; for Metal Foundry in Hong Kong SAR
In 2022, the amount of moulding boxes; for metal foundries imported into Hong Kong SAR declined remarkably to 3.8 tons, waning by -45.6% on the previous year. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 75%.
In value terms, moulding boxes; for metal foundry imports shrank markedly to $8.8K in 2022. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. As a result, imports reached the peak of $233K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Moulding Boxes; for Metal Foundry in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.7 | 5.8 | 12.2 | 8.8 | -23.6% |
| South Korea | 129 | 227 | 16.7 | N/A | -64.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 149 | 233 | 28.9 | 8.8 | -61.1% |
Top Suppliers of Moulding Boxes; for Metal Foundry to Hong Kong SAR in 2022:
- China (3.8 tons)
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