Overview of the Global Market for Moulds For Mineral Materials

Market Size for Moulds For Mineral Materials

The global mould for mineral materials market was estimated at $X in 2022, growing by 4.8% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by 8.9%. Over the period under review, the global market reached the peak level in 2022 and is likely to continue growth in years to come.

Production of Moulds For Mineral Materials

In value terms, mould for mineral materials production declined to $X in 2022 estimated in export price. Overall, production showed a mild downturn. The growth pace was the most rapid in 2018 when the production volume increased by 15%. Over the period under review, global production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Moulds For Mineral Materials

Exports

In 2022, overseas shipments of moulds for mineral materials increased by 3.7% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 25% against the previous year. Over the period under review, the global exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, mould for mineral materials exports reached $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, the global exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X units) represented the key exporter of moulds for mineral materials, mixing up 30% of total exports. It was distantly followed by Germany (X units), South Korea (X units), Malaysia (X units), Canada (X units) and Italy (X units), together making up a 39% share of total exports. Belgium (X units), India (X units), Switzerland (X units), Turkey (X units) and the United States (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 exports from China stood at +5.5%. At the same time, India (+36.1%), Turkey (+19.9%), Belgium (+19.4%), Canada (+10.8%), Malaysia (+6.8%), Italy (+3.0%), South Korea (+1.7%) and Switzerland (+1.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +36.1% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, the United States (-14.4%) illustrated a downward trend over the same period. While the share of China (+6.2 p.p.), Canada (+3.2 p.p.), Belgium (+2.6 p.p.), Malaysia (+2.6 p.p.), India (+2.5 p.p.) and Turkey (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-2.7 p.p.) and the United States (-8.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, together comprising 42% of global exports. Canada, the United States, Malaysia, South Korea, India, Belgium, Turkey and Switzerland lagged somewhat behind, together accounting for a further 31%.

In terms of the main exporting countries, India, with a CAGR of +29.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average mould for mineral materials export price stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 16%. The global export price peaked at $X per unit in 2021, and then reduced modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.3%), while the other global leaders experienced more modest paces of growth.

Imports of Moulds For Mineral Materials

Imports

In 2022, supplies from abroad of moulds for mineral materials increased by 6.4% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +19.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. Global imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, mould for mineral materials imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X units), India (X units) and Malaysia (X units) represented roughly 42% of total imports in 2022. It was distantly followed by Canada (X units), making up a 5.9% share of total imports. Vietnam (X units), Germany (X units), Brazil (X units), the UK (X units), Thailand (X units) and Russia (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of +21.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported moulds for mineral materials worldwide, comprising 24% of global imports. The second position in the ranking was taken by India ($X), with a 10% share of global imports. It was followed by Canada, with an 8.1% share.

In the United States, mould for mineral materials imports increased at an average annual rate of +11.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+11.7% per year) and Canada (+1.8% per year).

Import Prices by Country

The average mould for mineral materials import price stood at $X per unit in 2022, picking up by 4.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 10% against the previous year. Global import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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