Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Prices in China

China Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Export Price in September 2022

In September 2022, the machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids price stood at $1,265 per unit (FOB, China), increasing by 4.4% against the previous month. Over the period under review, export price indicated a notable expansion from January 2022 to September 2022: its price increased at an average monthly rate of +3.6% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by +37.8% against July 2022 indices. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 85% m-o-m. The export price peaked at $1,579 per unit in February 2022; afterwards, it flattened through to September 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($7,983 per unit), while the average price for exports to Spain ($16.1 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

China Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was machines for mixing mineral substances with bitumen ($312K per unit), while the average price for exports of concrete or mortar mixers ($327 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: bitumen mixer (+5.1%), while the prices for the other products experienced mixed trend patterns.

China Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Exports

In September 2022, overseas shipments of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -12.8% to 201K units, falling for the second month in a row after two months of growth. Overall, exports recorded a pronounced descent. The growth pace was the most rapid in June 2022 when exports increased by 68% against the previous month. The exports peaked at 269K units in July 2022; however, from August 2022 to September 2022, the exports remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced to $254M (IndexBox estimates) in September 2022. In general, total exports indicated a slight expansion from January 2022 to September 2022: its value increased at an average monthly rate of +1.4% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +71.2% against April 2022 indices. The growth pace was the most rapid in May 2022 when exports increased by 29% month-to-month. The exports peaked at 279M units in August 2022, and then contracted in the following month.

China Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Exports by Type

Concrete or mortar mixers (57K units) was the largest type of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from China, with a 77% share of total exports. Moreover, concrete or mortar mixers exceeded the volume of the second product type, machines; for crushing or grinding earth, stone, ores or other mineral substances (17K units), threefold.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of concrete or mortar mixers stood at -9.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: machines; for crushing or grinding earth, stone, ores or other mineral substances (+12.2% per month) and machines for mixing mineral substances with bitumen (-1.1% per month).

In value terms, machines; for crushing or grinding earth, stone, ores or other mineral substances ($101M) remains the largest type of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from China, comprising 76% of total exports. The second position in the ranking was taken by concrete or mortar mixers ($19M), with a 14% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of machines; for crushing or grinding earth, stone, ores or other mineral substances totaled +2.8%. With regard to the other exported products, the following average monthly rates of growth were recorded: concrete or mortar mixers (-7.1% per month) and machines for mixing mineral substances with bitumen (+4.0% per month).

China Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Exports by Country

Iran (43K units), the United States (29K units) and Singapore (16K units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China, with a combined 44% share of total exports. These countries were followed by Spain, Australia, Russia, Malaysia, Ghana, Liberia, India and Indonesia, which together accounted for a further 35%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Liberia (with a CAGR of +79.8%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($28M), Russia ($26M) and India ($12M) appeared to be the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from China worldwide, with a combined 26% share of total exports. These countries were followed by the United States, Australia, Malaysia, Liberia, Ghana, Iran, Singapore and Spain, which together accounted for a further 14%.

Among the main countries of destination, Liberia, with a CAGR of +86.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform