South-Eastern Asia: Market for Moulds For Mineral Materials 2024

Exports of Moulds For Mineral Materials

Exports in South-Eastern Asia

In 2022, mould for mineral materials exports in South-Eastern Asia reduced notably to X units, with a decrease of -18.7% on the previous year. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 59%. The volume of export peaked 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 shrank to $X in 2022. In general, exports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of 102%. 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 dominates exports structure, resulting at X units, which was near 74% of total exports in 2022. It was distantly followed by Vietnam (X units), Thailand (X units) and Singapore (X units), together making up a 23% share of total exports. Indonesia (X units) held a minor 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 South-Eastern Asia, with a CAGR of +30.8% from 2012-2022. By contrast, Indonesia (-2.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Thailand increased by +8.2 and +6.2 percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Malaysia totaled +3.2%. 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 South-Eastern Asia amounted to $X per unit, surging by 14% against the previous year. Overall, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 29%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 South-Eastern Asia

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 enjoyed a measured expansion. The pace of growth appeared the most rapid in 2013 with an increase of 71% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, mould for mineral materials imports amounted to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 55%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia was the key importing country with an import of around X units, which recorded 51% of total imports. It was distantly followed by Vietnam (X units), Thailand (X units), Indonesia (X units), Cambodia (X units) and Singapore (X units), together achieving a 46% share of total imports. The Philippines (X units) followed a long way behind the leaders.

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 South-Eastern Asia, 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. While the share of Vietnam (+10 p.p.), Malaysia (+6.6 p.p.) and Thailand (+5.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (-4.4 p.p.) and Indonesia (-18.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia was relatively modest. 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, shrinking by -6.3% against the previous year. Over the period under review, the import price saw a slight decrease. The pace of growth was the most pronounced in 2014 an increase of 20% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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 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

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