Northern America: Moulds For Metal Market 2024

Moulds For Metal Market Size in Northern America

The North American moulds for metal market stood at $X in 2022, rising by 5.8% against the previous year. Over the period under review, consumption, however, continues to indicate a buoyant expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Moulds For Metal Production in Northern America

In value terms, moulds for metal production rose remarkably to $X in 2022 estimated in export price. In general, production, however, showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Moulds For Metal Exports

Exports in Northern America

In 2022, after six years of decline, there was significant growth in shipments abroad of moulds for metals, when their volume increased by 39% to X tons. Over the period under review, exports, however, continue to indicate a deep slump. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports surged to $X in 2022. Overall, exports, however, continue to indicate a perceptible curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Canada (X tons) represented the key exporter of moulds for metals, generating 73% of total exports. It was distantly followed by the United States (X tons), generating a 27% share of total exports.

Canada experienced a relatively flat trend pattern with regard to volume of exports of moulds for metals. The United States (-14.4%) illustrated a downward trend over the same period. While the share of Canada (+39 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-38.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest moulds for metal supplier in Northern America, comprising 75% of total exports. The second position in the ranking was taken by Canada ($X), with a 25% share of total exports.

In the United States, moulds for metal exports plunged by an average annual rate of -4.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, which is down by -10.6% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal export price decreased by -23.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 41% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

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 the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.3%).

Moulds For Metal Imports

Imports in Northern America

In 2022, the amount of moulds for metals imported in Northern America rose markedly to X tons, growing by 14% on the previous year. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, moulds for metal imports stood at $X in 2022. Overall, imports, however, recorded a slight descent. The pace of growth appeared the most rapid in 2014 with an increase of 12%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The United States was the key importer of moulds for metals in Northern America, with the volume of imports recording X tons, which was approx. 73% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a 27% share of total imports.

Imports into the United States increased at an average annual rate of +3.2% from 2012 to 2022. At the same time, Canada (+4.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.2% from 2012-2022. From 2012 to 2022, the share of Canada increased by +2 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported moulds for metals in Northern America, comprising 83% of total imports. The second position in the ranking was held by Canada ($X), with a 17% share of total imports.

In the United States, moulds for metal imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, which is down by -12.2% against the previous year. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of 7.6% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton 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 the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).

Source: IndexBox Platform

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