Price for Moulding Boxes; for Metal Foundry in Thailand - 2023

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in Thailand (CIF) - 2022
  2. Price for Moulding Boxes; for Metal Foundry in Thailand (FOB) - 2022
  3. Imports of Moulding Boxes; for Metal Foundry in Thailand
  4. Exports of Moulding Boxes; for Metal Foundry in Thailand

Price for Moulding Boxes; for Metal Foundry in Thailand (CIF) - 2022

The average import price for moulding boxes; for metal foundries stood at $11,874 per ton in 2022, growing by 1.6% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $31,807 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($21,778 per ton), while the price for China ($3,535 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Moulding Boxes; for Metal Foundry in Thailand (FOB) - 2022

In 2022, the average export price for moulding boxes; for metal foundries amounted to $18,908 per ton, jumping by 40% against the previous year. In general, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 89%. The export price peaked at $30,425 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($27,581 per ton), while the average price for exports to the United States ($3,218 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 Australia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulding Boxes; for Metal Foundry in Thailand

For the fourth consecutive year, Thailand recorded growth in purchases abroad of moulding boxes; for metal foundries, which increased by 176% to 1.1K tons in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 skyrocketed to $13M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Moulding Boxes; for Metal Foundry in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.3N/AN/A6.7181.6%
Japan2.94.83.24.112.2%
China0.80.30.72.035.7%
Taiwan (Chinese)0.90.90.90.7-8.0%
OthersN/AN/AN/AN/A0%
Total4.96.14.813.439.8%

Top Suppliers of Moulding Boxes; for Metal Foundry to Thailand in 2022:

  1. China (565.0 tons)
  2. South Korea (308.1 tons)
  3. Japan (227.4 tons)
  4. Taiwan (Chinese) (31.6 tons)

Exports of Moulding Boxes; for Metal Foundry in Thailand

In 2022, shipments abroad of moulding boxes; for metal foundries decreased by -44% to 121 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. As a result, the exports attained the peak of 223 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, moulding boxes; for metal foundry exports fell dramatically to $2.3M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 42%. As a result, the exports reached the peak of $3.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Moulding Boxes; for Metal Foundry in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9251,4151,0439430.6%
Cambodia11.55.68.3231171.8%
China1.110966.2153418.1%
Indonesia208638562147-10.9%
Malaysia142618103109-8.4%
Australia17017532180.7-22.0%
United Arab EmiratesN/A39.440.764.928.3%
Philippines12028.762.750.6-25.0%
United StatesN/AN/A31.348.354.3%
Taiwan (Chinese)73.398.325.514.0-42.4%
Vietnam44816748.92.9-81.4%
Others561483595439-7.8%
Total2,6603,7772,9082,282-5.0%

Top Export Markets for Moulding Boxes; for Metal Foundry from Thailand in 2022:

  1. Japan (34.2 tons)
  2. Indonesia (19.7 tons)
  3. United States (15.0 tons)
  4. Malaysia (10.5 tons)
  5. Cambodia (9.2 tons)
  6. China (7.0 tons)
  7. Philippines (5.7 tons)
  8. United Arab Emirates (5.0 tons)
  9. Australia (4.8 tons)
  10. Taiwan (Chinese) (1.2 tons)
  11. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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