China: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in China

The Chinese mould for mineral materials market expanded to $X.6B in 2022, surging by X% against the previous year. Over the period under review, the total consumption 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X.7B in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Moulds For Mineral Materials in China

In value terms, mould for mineral materials production rose slightly to $X.7B in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Mould for mineral materials production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Moulds For Mineral Materials

Exports from China

In 2022, the amount of moulds for mineral materials exported from China surged to X units, increasing by X% compared with the previous year's figure. In general, exports saw a modest expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, mould for mineral materials exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X units), Singapore (X units) and Taiwan (Chinese) (X units) were the main destinations of mould for mineral materials exports from China, with a combined X% share of total exports. Cambodia, Argentina, the United Arab Emirates, Kenya, Bangladesh, Russia, Ghana, Indonesia, Malaysia and Mongolia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Malaysia ($X) remains the key foreign market for moulds for mineral materials exports from China, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

The average mould for mineral materials export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price showed prominent growth. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

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 Malaysia ($X per unit), while the average price for exports to Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulds For Mineral Materials

Imports into China

In 2022, the amount of moulds for mineral materials imported into China dropped sharply to X units, declining by X% compared with 2021. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, mould for mineral materials imports reduced notably to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of mould for mineral materials to China, with a X% share of total imports. Moreover, mould for mineral materials imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Japan (X% per year).

In value terms, Japan ($X), the United States ($X) and Germany ($X) constituted the largest mould for mineral materials suppliers to China, together accounting for X% of total imports. Spain, France, Italy, Canada, South Korea, Taiwan (Chinese) and Malaysia lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mould for mineral materials import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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