Asia-Pacific: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in Asia-Pacific

The Asia-Pacific mould for mineral materials market rose rapidly to $X.3B in 2022, picking up by X% against the previous year. Overall, consumption posted a prominent increase. As a result, consumption attained the peak level of $X.7B. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Moulds For Mineral Materials in Asia-Pacific

In value terms, mould for mineral materials production reached $X.5B in 2022 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.1B. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Moulds For Mineral Materials

Exports in Asia-Pacific

In 2022, overseas shipments of moulds for mineral materials increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed tangible growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, mould for mineral materials exports totaled $X in 2022. Total exports indicated a remarkable 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X units) was the largest exporter of moulds for mineral materials, mixing up X% of total exports. Malaysia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%) and India (X%). Singapore (X units) held a minor share of total exports.

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

In value terms, China ($X) remains the largest mould for mineral materials supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by South Korea, with an X% share.

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

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, therefore, remained relatively stable against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price 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, mould for mineral materials export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 a decline in the export price figures.

Imports of Moulds For Mineral Materials

Imports in Asia-Pacific

In 2022, purchases abroad of moulds for mineral materials increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, mould for mineral materials imports surged to $X in 2022. Total imports indicated strong growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X units), distantly followed by India (X units) and South Korea (X units) represented the major importers of moulds for mineral materials, together constituting X% of total imports. The following importers - Indonesia (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units), Bangladesh (X units), Thailand (X units), Sri Lanka (X units) and Australia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

The import price in Asia-Pacific stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Australia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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