Price for Moulding Boxes; for Metal Foundry in Myanmar - 2022

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in Myanmar (CIF) - 2022
  2. Imports of Moulding Boxes; for Metal Foundry in Myanmar

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

The average import price for moulding boxes; for metal foundries stood at $1,795 per ton in 2022, jumping by 27% against the previous year. In general, the import price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 111%. As a result, import price attained the peak level of $2,578 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($8,631 per ton), while the price for Germany ($487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Moulding Boxes; for Metal Foundry in Myanmar

In 2022, purchases abroad of moulding boxes; for metal foundries increased by 276% to 479 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports surged to $859K in 2022. Overall, imports saw 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 Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4.13.535.8472386.5%
China26410187.63206.6%
Malaysia31.538.631.255.520.8%
GermanyN/AN/AN/A10.90%
Others38.922.224.90.5-76.6%
Total33816518085936.5%

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

  1. China (381.9 tons)
  2. Thailand (54.7 tons)
  3. Germany (22.4 tons)
  4. Malaysia (19.7 tons)

Source: IndexBox Market Intelligence Platform

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