Price for Moulding Boxes; for Metal Foundry in Vietnam - 2022
Contents:
- Price for Moulding Boxes; for Metal Foundry in Vietnam (CIF) - 2022
- Price for Moulding Boxes; for Metal Foundry in Vietnam (FOB) - 2022
- Imports of Moulding Boxes; for Metal Foundry in Vietnam
- Exports of Moulding Boxes; for Metal Foundry in Vietnam
Price for Moulding Boxes; for Metal Foundry in Vietnam (CIF) - 2022
In 2022, the average import price for moulding boxes; for metal foundries amounted to $15,252 per ton, growing by 5.4% against the previous year. Overall, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 32%. Over the period under review, average import prices attained the maximum at $75,693 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($27,639 per ton), while the price for the Netherlands ($2,413 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 (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Moulding Boxes; for Metal Foundry in Vietnam (FOB) - 2022
In 2022, the average export price for moulding boxes; for metal foundries amounted to $34,504 per ton, declining by -10% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulding boxes; for metal foundry export price increased by +39.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 44% against the previous year. The export price peaked at $38,356 per ton in 2021, and then dropped 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 Japan ($89,348 per ton), while the average price for exports to South Korea ($21,399 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 Japan (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Moulding Boxes; for Metal Foundry in Vietnam
Moulding boxes; for metal foundry imports into Vietnam soared to 673 tons in 2022, with an increase of 17% on the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, moulding boxes; for metal foundry imports soared to $10M in 2022. In general, imports, however, saw a deep contraction.
| Import of Moulding Boxes; for Metal Foundry in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.9 | 3.8 | 2.1 | 4.0 | -12.2% |
| South Korea | 3.4 | 2.0 | 1.4 | 3.8 | 3.8% |
| China | 3.6 | 4.0 | 3.4 | 1.0 | -34.8% |
| Thailand | 0.6 | 0.5 | 0.4 | 0.4 | -12.6% |
| Japan | 1.9 | 1.3 | 0.6 | 0.3 | -46.0% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Indonesia | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
| Others | 0.9 | 0.4 | 0.4 | 0.5 | -17.8% |
| Total | 16.5 | 12.2 | 8.3 | 10.3 | -14.5% |
Top Suppliers of Moulding Boxes; for Metal Foundry to Vietnam in 2022:
- South Korea (291.7 tons)
- Taiwan (Chinese) (182.7 tons)
- China (83.7 tons)
- Netherlands (29.6 tons)
- Thailand (24.9 tons)
- Indonesia (12.5 tons)
- Japan (10.0 tons)
Exports of Moulding Boxes; for Metal Foundry in Vietnam
In 2022, exports of moulding boxes; for metal foundries from Vietnam reduced modestly to 30 tons, which is down by -4.4% against 2021 figures. Overall, exports recorded a dramatic setback. The smallest decline of -1% was in 2021.
In value terms, moulding boxes; for metal foundry exports declined to $1M in 2022. In general, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year.
| Export of Moulding Boxes; for Metal Foundry in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 402 | 262 | 376 | 457 | 4.4% |
| Philippines | 187 | 95.9 | 263 | 251 | 10.3% |
| South Korea | 20.7 | 41.2 | 265 | 107 | 72.9% |
| Thailand | 140 | 5.7 | 14.4 | 53.3 | -27.5% |
| China | 62.5 | 40.2 | 39.3 | 47.7 | -8.6% |
| Hong Kong SAR | 11.9 | 12.6 | 6.1 | 34.3 | 42.3% |
| Taiwan (Chinese) | 23.0 | 31.2 | 22.2 | 30.2 | 9.5% |
| Japan | 2,084 | 344 | 180 | 12.3 | -81.9% |
| Others | 58.2 | 25.0 | 25.0 | 32.5 | -17.7% |
| Total | 2,989 | 858 | 1,192 | 1,025 | -30.0% |
Top Export Markets for Moulding Boxes; for Metal Foundry from Vietnam in 2022:
- Malaysia (17.5 tons)
- South Korea (5.0 tons)
- Philippines (3.8 tons)
- Thailand (1.0 tons)
- Hong Kong SAR (0.7 tons)
- China (0.6 tons)
- Taiwan (Chinese) (0.5 tons)
- Japan (0.1 tons)
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