Price for Moulding Boxes; for Metal Foundry in the UK - 2023

Contents:

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

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

The average export price for moulding boxes; for metal foundries stood at $40,504 per ton in 2022, increasing by 40% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $57,225 per ton in 2015; however, from 2016 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 Saudi Arabia ($101,459 per ton), while the average price for exports to the United Arab Emirates ($8,383 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 Ireland (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for moulding boxes; for metal foundries stood at $22,798 per ton in 2022, reducing by -19% against the previous year. Over the period under review, the import price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 130%. As a result, import price attained the peak level of $42,360 per ton. From 2016 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 Germany ($139,000 per ton), while the price for the Netherlands ($13,155 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Moulding Boxes; for Metal Foundry in the UK

Moulding boxes; for metal foundry exports from the UK dropped rapidly to 34 tons in 2022, with a decrease of -73% on the previous year's figure. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 288%. As a result, the exports reached the peak of 128 tons, and then contracted rapidly in the following year.

In value terms, moulding boxes; for metal foundry exports reduced remarkably to $1.4M in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 249%. As a result, the exports reached the peak of $3.7M, and then declined notably in the following year.

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

1. Germany (9.3 tons)
2. France (4.7 tons)
3. India (4.5 tons)
4. United States (3.6 tons)
5. Norway (2.0 tons)
6. Ireland (1.4 tons)
7. China (1.4 tons)
8. United Arab Emirates (1.1 tons)
9. Saudi Arabia (0.8 tons)
10. Switzerland (0.8 tons)
11. Canada (0.7 tons)
12. Angola (0.5 tons)
13. Argentina (0.5 tons)

Imports of Moulding Boxes; for Metal Foundry in the UK

In 2022, the amount of moulding boxes; for metal foundries imported into the UK soared to 60 tons, growing by 79% compared with the year before. In general, imports, however, showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 121% against the previous year.

In value terms, moulding boxes; for metal foundry imports skyrocketed to $1.4M in 2022. Overall, imports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 105%.

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

1. China (43.9 tons)
2. United States (9.2 tons)
3. Spain (2.9 tons)
4. Netherlands (0.9 tons)

Source: IndexBox Market Intelligence Platform