Asia: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in Asia

In 2023, after three years of growth, there was decline in the Asian mould for mineral materials market, when its value decreased by X% to $X. In general, consumption, however, enjoyed a prominent increase. Over the period under review, the market reached the peak level at $X in 2022, and then fell slightly in the following year.

Production of Moulds For Mineral Materials in Asia

In value terms, mould for mineral materials production expanded modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2023.

Exports of Moulds For Mineral Materials

Exports in Asia

In 2023, mould for mineral materials exports in Asia totaled X units, rising by X% on 2022 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, mould for mineral materials exports shrank to $X in 2023. Total exports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 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. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, Malaysia (X units) was the key exporter of moulds for mineral materials, generating X% of total exports. South Korea (X units) took the second position in the ranking, distantly followed by Vietnam (X units), India (X units), Turkey (X units) and China (X units). All these countries together held near X% share of total exports. Thailand (X units) and Japan (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Japan (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2022, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Imports of Moulds For Mineral Materials

Imports in Asia

In 2023, overseas purchases of moulds for mineral materials decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Total imports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 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 reached the peak figure at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, mould for mineral materials imports reduced slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Malaysia (X units) and India (X units) were the largest importers of moulds for mineral materials in Asia, together making up X% of total imports. South Korea (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%). The following importers - Vietnam (X units), Mongolia (X units), Thailand (X units), Indonesia (X units), Bangladesh (X units) and the United Arab Emirates (X units) - together made up X% of total imports.

From 2012 to 2023, 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, the largest mould for mineral materials importing markets in Asia were India ($X), Malaysia ($X) and South Korea ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2023, the import price in Asia amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform