Price for Moulding Boxes; for Metal Foundry in South Korea - 2022
Contents:
- Price for Moulding Boxes; for Metal Foundry in South Korea (FOB) - 2022
- Price for Moulding Boxes; for Metal Foundry in South Korea (CIF) - 2022
- Exports of Moulding Boxes; for Metal Foundry in South Korea
- Imports of Moulding Boxes; for Metal Foundry in South Korea
Price for Moulding Boxes; for Metal Foundry in South Korea (FOB) - 2022
In 2022, the average export price for moulding boxes; for metal foundries amounted to $9,298 per ton, increasing by 9.4% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 23%. The export price peaked at $16,192 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($34,100 per ton), while the average price for exports to Germany ($2,527 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 China (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Moulding Boxes; for Metal Foundry in South Korea (CIF) - 2022
The average import price for moulding boxes; for metal foundries stood at $4,706 per ton in 2022, declining by -29.7% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 62% against the previous year. As a result, import price reached the peak level of $16,123 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 the United States ($227,333 per ton), while the price for China ($3,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+39.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Moulding Boxes; for Metal Foundry in South Korea
In 2022, approx. 1.7K tons of moulding boxes; for metal foundries were exported from South Korea; with a decrease of -37.2% against 2021 figures. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 55%.
In value terms, moulding boxes; for metal foundry exports contracted notably to $15M in 2022. Over the period under review, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 21%.
| Export of Moulding Boxes; for Metal Foundry in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.7 | 4.4 | 7.0 | 5.5 | -17.2% |
| Vietnam | 5.9 | 5.1 | 6.8 | 3.8 | -13.6% |
| China | 2.8 | 3.6 | 3.6 | 2.5 | -3.7% |
| Mexico | 8.3 | 1.8 | 1.0 | 0.6 | -58.3% |
| Poland | 0.3 | 0.6 | 0.1 | 0.6 | 26.0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Cambodia | N/A | 0.3 | N/A | N/A | 0% |
| Others | 3.6 | 2.7 | 4.0 | 2.4 | -12.6% |
| Total | 30.5 | 18.7 | 22.5 | 15.5 | -20.2% |
Top Export Markets for Moulding Boxes; for Metal Foundry from South Korea in 2022:
- Japan (1185.4 tons)
- Vietnam (229.0 tons)
- China (73.8 tons)
- Mexico (30.5 tons)
- Germany (28.1 tons)
- Poland (27.0 tons)
Imports of Moulding Boxes; for Metal Foundry in South Korea
In 2022, purchases abroad of moulding boxes; for metal foundries was finally on the rise to reach 602 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
In value terms, moulding boxes; for metal foundry imports declined to $2.8M in 2022. Overall, imports, however, saw a abrupt decline. The smallest decline of -0.7% was in 2020.
| Import of Moulding Boxes; for Metal Foundry in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.0 | 2.1 | 1.8 | -11.5% |
| Japan | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Vietnam | 0.1 | 0.4 | 0.2 | 0.1 | 0.0% |
| Others | 0.6 | 0.3 | 0.2 | 0.3 | -20.6% |
| Total | 4.2 | 4.1 | 3.3 | 2.8 | -12.6% |
Top Suppliers of Moulding Boxes; for Metal Foundry to South Korea in 2022:
- China (546.1 tons)
- Japan (42.2 tons)
- Vietnam (11.6 tons)
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