Asia-Pacific: Compression Type Mould Market 2024

Compression Type Mould Market Size in Asia-Pacific

The Asia-Pacific compression type mould market declined remarkably to $X in 2022, reducing by X% against the previous year. In general, consumption, however, recorded a buoyant increase. The level of consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Compression Type Mould Production in Asia-Pacific

In value terms, compression type mould production declined to $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Compression Type Mould Exports

Exports in Asia-Pacific

In 2022, after two years of decline, there was significant growth in overseas shipments of injection or compression type moulds for rubber or plastics, when their volume increased by X% to X units. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, compression type mould exports declined slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced slightly in the following year.

Exports by Country

China (X units) and South Korea (X units) dominates exports structure, together creating X% of total exports. It was distantly followed by Japan (X units), committing a X% share of total exports. Taiwan (Chinese) (X units), Hong Kong SAR (X units) and India (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, China ($X) remains the largest compression type mould supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Compression Type Mould Imports

Imports in Asia-Pacific

In 2022, the amount of injection or compression type moulds for rubber or plastics imported in Asia-Pacific shrank slightly to X units, flattening at the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, compression type mould imports shrank to $X in 2022. Overall, imports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), India (X units), Indonesia (X units) and Taiwan (Chinese) (X units) were the major importers of injection or compression type moulds for rubber or plastics, together committing X% of total imports. The following importers - Malaysia (X units), South Korea (X units), Vietnam (X units), Thailand (X units), Hong Kong SAR (X units), Bangladesh (X units) and Cambodia (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and India ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Vietnam, Indonesia, Hong Kong SAR, Malaysia, South Korea, Taiwan (Chinese), Bangladesh and Cambodia lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, dropping by X% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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