ASEAN: Market for Moulds For Mineral Materials 2024

Exports of Moulds For Mineral Materials

Exports in ASEAN

In 2022, the amount of moulds for mineral materials exported in ASEAN reduced markedly to X units, which is down by -18.7% compared with 2021 figures. Over the period under review, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, mould for mineral materials exports fell to $X in 2022. In general, exports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2018 with an increase of 102% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia prevails in exports structure, resulting at X units, which was approx. 74% of total exports in 2022. It was distantly followed by Vietnam (X units), Thailand (X units) and Singapore (X units), together generating a 23% share of total exports. Indonesia (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials exports from Malaysia stood at +6.8%. At the same time, Vietnam (+30.8%), Thailand (+25.6%) and Singapore (+3.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +30.8% from 2012-2022. By contrast, Indonesia (-2.8%) illustrated a downward trend over the same period. While the share of Vietnam (+8.2 p.p.) and Thailand (+6.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-2.3 p.p.), Indonesia (-3.4 p.p.) and Malaysia (-7.2 p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) remains the largest mould for mineral materials supplier in ASEAN, comprising 64% of total exports. The second position in the ranking was taken by Singapore ($X), with a 14% share of total exports. It was followed by Thailand, with a 10% share.

In Malaysia, mould for mineral materials exports increased at an average annual rate of +3.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+7.5% per year) and Thailand (+24.4% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, with an increase of 14% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by 29% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.4%), while the other leaders experienced a decline in the export price figures.

Imports of Moulds For Mineral Materials

Imports in ASEAN

In 2022, supplies from abroad of moulds for mineral materials increased by 7.8% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2013 when imports increased by 71%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, mould for mineral materials imports reached $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 55% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Malaysia was the key importing country with an import of about X units, which reached 51% of total imports. Vietnam (X units) held a 20% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (9.2%), Indonesia (7.4%), Cambodia (4.9%) and Singapore (4.9%). The Philippines (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials imports into Malaysia stood at +4.0%. At the same time, Thailand (+12.9%), Vietnam (+10.4%), Cambodia (+3.9%) and Singapore (+1.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +12.9% from 2012-2022. By contrast, the Philippines (-7.0%) and Indonesia (-9.4%) illustrated a downward trend over the same period. Vietnam (+10 p.p.), Malaysia (+6.6 p.p.) and Thailand (+5.7 p.p.) significantly strengthened its position in terms of the total imports, while the Philippines and Indonesia saw its share reduced by -4.4% and -18.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported moulds for mineral materials in ASEAN, comprising 44% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 17% share of total imports. It was followed by Singapore, with an 11% share.

In Malaysia, mould for mineral materials imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+10.5% per year) and Singapore (+0.7% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, with a decrease of -6.3% against the previous year. In general, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 20%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform