Asia: Market for Moulds For Mineral Materials 2025

Market Size for Moulds For Mineral Materials in Asia

In 2022, the Asian mould for mineral materials market increased by 0.8% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the market value increased by 8.5%. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Moulds For Mineral Materials in Asia

In value terms, mould for mineral materials production fell slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Moulds For Mineral Materials

Exports in Asia

In 2022, overseas shipments of moulds for mineral materials increased by 8.5% to X units, rising for the second consecutive year after two years of decline. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.4% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 39%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, mould for mineral materials exports expanded remarkably to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China represented the main exporter of moulds for mineral materials in Asia, with the volume of exports amounting to X units, which was approx. 52% of total exports in 2022. It was distantly followed by South Korea (X units), Malaysia (X units) and India (X units), together achieving a 35% share of total exports. Turkey (X units), Vietnam (X units) and Thailand (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +5.5% from 2012 to 2022. At the same time, India (+36.1%), Vietnam (+30.8%), Thailand (+25.6%), Turkey (+19.9%), Malaysia (+6.8%) and South Korea (+1.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +36.1% from 2012-2022. From 2012 to 2022, the share of India, Turkey and Vietnam increased by +4.2, +2.8 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest mould for mineral materials supplier in Asia, comprising 47% of total exports. The second position in the ranking was held by Malaysia ($X), with an 11% share of total exports. It was followed by South Korea, with a 9.9% share.

In China, mould for mineral materials exports expanded at an average annual rate of +13.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+3.2% per year) and South Korea (-0.4% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 16%. The level of export peaked 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 Thailand ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Moulds For Mineral Materials

Imports in Asia

In 2022, supplies from abroad of moulds for mineral materials increased by 7.2% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 56%. 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 rose significantly to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 36%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

India (X units) and Malaysia (X units) represented the largest importers of moulds for mineral materials in 2022, resulting at approx. 31% and 21% of total imports, respectively. It was distantly followed by Vietnam (X units), committing an 8.2% share of total imports. Thailand (X units), Hong Kong SAR (X units), Indonesia (X units), the United Arab Emirates (X units), South Korea (X units), Mongolia (X units), Bangladesh (X units), Sri Lanka (X units), Israel (X units) and Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2022, together comprising 50% of total imports. The United Arab Emirates, Israel, Thailand, Indonesia, South Korea, Bangladesh, Hong Kong SAR, Sri Lanka, Cambodia and Mongolia lagged somewhat behind, together accounting for a further 24%.

Israel, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, remaining stable against the previous year. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Mongolia ($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

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