Price for Moulding Boxes; for Metal Foundry in Pakistan - 2022

Contents:

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

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

In 2022, the average import price for moulding boxes; for metal foundries amounted to $21,951 per ton, with an increase of 9.2% against the previous year. Over the period under review, the import price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. As a result, import price attained the peak level of $31,586 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Taiwan (Chinese) ($128,278 per ton), while the price for China ($16,451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for moulding boxes; for metal foundries stood at $22,757 per ton in 2022, shrinking by -49.6% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 120% against the previous year. As a result, the export price attained the peak level of $45,173 per ton, and then declined dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($62,500 per ton), while the average price for exports to Sudan ($4,458 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 South Korea (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulding Boxes; for Metal Foundry in Pakistan

In 2022, approx. 13 tons of moulding boxes; for metal foundries were imported into Pakistan; leveling off at the previous year. Overall, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 2.3% against the previous year.

In value terms, moulding boxes; for metal foundry imports expanded markedly to $289K in 2022. Over the period under review, imports recorded a sharp downturn.

Import of Moulding Boxes; for Metal Foundry in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11457.581.51170.9%
China17610113297.2-18.0%
India29.614.018.725.2-5.2%
Thailand66.40.817.824.5-28.3%
United States3.80.712.818.970.7%
South Korea32970.80.31.1-85.0%
Others11.65.64.95.2-23.5%
Total731251268289-26.6%

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

  1. South Korea (undefined tons)
  2. China (5.9 tons)
  3. Germany (5.5 tons)
  4. United States (0.9 tons)
  5. Thailand (0.4 tons)
  6. India (0.2 tons)

Exports of Moulding Boxes; for Metal Foundry in Pakistan

In 2022, the amount of moulding boxes; for metal foundries exported from Pakistan surged to 707 kg, increasing by 85% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, moulding boxes; for metal foundry exports fell to $16K in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $17K, and then declined in the following year.

Export of Moulding Boxes; for Metal Foundry in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.46.31.311.923.0%
Sri Lanka4.72.80.32.9-14.9%
Oman1.71.00.10.9-19.1%
Sudan1.00.4N/A0.2-41.5%
South KoreaN/AN/A15.30.1-99.3%
Saudi ArabiaN/A4.3N/AN/A0%
OthersN/A0.20.3N/A50.0%
Total13.914.917.316.15.0%

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

  1. United Arab Emirates (456.0 kg)
  2. Sri Lanka (168.0 kg)
  3. Sudan (48.0 kg)
  4. Oman (32.0 kg)
  5. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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