The process of injection mold price estimation:

1. First , we should choose the steel and manufacture process base on

customer requirement.
2. Afer choose the material, we should make a simple draft, then we will
get the mold size and weight.
3. Manufacture cost, the manufacture cost is 1.5-3 times of material cost
base on complexty.
4. Every mold should consider rist cost, it normally is 10% of mold price
5. Tax, it depend local policy.
6. Design fee, normally it is 10% of total mold cost
7. Trial fee, it is 3-5% of total mold price
 
The way of injection mold price calculation
1. Mold price=steel cost+design fee+manufacture cost+profit+tax+trial
cost+package and transport fee
2. The proportion
 Material cost:steel and standard spare part take 15%-30% mold price
 Manufacture and profit:normally 30-50% of mold cost
 Design fee:10-15% of mold cost
 Trial fee:within 3% for big size mold,5% for small mold
 Package and transport:real cost or 3% mold price
 VAT: 5%-17% of mold price

The tool is using this formula: Weight = L/1000 * W/1000 * T * S

 L = Length in mm

 W = Width in mm

 T = Thickness in mm

 S = Specific material density (Steel = 7.85)


o Mold Design
 o Mold Making
o Injection lding

 Cost Analysis

 "How To"

 Basics

Mold Manufacturer China

 sales@acomold.com

Home » Basics » Plastic Injection Mold Cost Analysis

Plastic Injection Mold Cost Analysis

Rapid Plastic Injection Mold Cost Calculation 
Mold price = materials cost + design cost + processing cost and profit + VAT + tryout cost + packing
and shipping costs 

The typical ratio is: 

Materials cost: materials and standard parts
proportion are 15% - 30% of total cost; 
Processing cost and profits: 30% - 50%; 
Designing cost: 10% - 15% of total cost; 
Tryout: large and medium size molds can be
controlled within 3%, small precision molds within
5%; 
Packing and shipping costs: according to the actual
calculation or by 3% of total cost; 
VAT: 17% 

Plastic Injection Molding Cost Analysis

The cost calculation is based on my own experience
in Shenzhen, China: 
Injection molded parts cost = plastic material cost
+ processing cost + packing cost + shipping cost 
Which: 
Material cost = [(1 + plastic material loss) * product weight * Batch + debug material lost weight +
normal rejection rate * product weight * Batch] * Material Unit Price / Batch. 
Where the plastic material loss is 3% -5% generally; general products of debug material lost weight
and normal rejection weight is 5000g - 15000g. 
Processing cost = (debug time / batch + molding time / mold cavities) * plastic injection molding
machine processing costs 
Which as far as I know, the plastic injection molding machine processing costs in Shenzhen region
are differ by the tonnage of the injection molding machine (China made equipment).
 Injection Molding Machine Cost Injection Molding Machine Cost
(T) (Yuan/hour) (T) (Yuan/hour)
80 35 - 45 200 110 - 160
100 45 - 60 250 150 - 200
120 65 - 85 300 180 - 220
150 80 - 110 350 200 - 250
180 95 - 140 400 250 - 350

Injection Molded Parts Cost Calculation 

Product Unit Price = material cost + processing costs 
Material cost = (actual weight + loss weight) * Material Unit Price 
Processing cost = molding cycle * Price (s) ÷ cavity number (means the price of each part) 
For special packaging requirements, add packaging costs. 

When you send an RFQ, it's important to share as many as possible with your supplier. Each of the
injection molded parts project are custom made to meet individual company's requirements. Here
are few points:

The drawings
It's best to provide drawings in 2D and 3D format, these are accuracy information that tell some
important factors such as part weight, molding cycle, mold making concerns.

The target price

Cost objectives could be achieved by eliminating unnecessary design or non-value-added items.
Suppose you need 20,000 plastic parts, do you need these plastic parts for life of this project? Or do
you need 20000 for the first stage and more for the next? The injection molder / mold maker base on
different requirements will provide different solutions.

The time
Let the injection mold maker know the schedule so they can plan the production well, nothing is rush
or fall behind.
The sample time?
The first batch of molded parts for testing?
The mass production time?

The surface requirement

The surface requirement will influence plastic injection mold design, such as gate location, parting
line or inserts, ejection, your supplier will need such information to decide the most economic mold
design.

The materials
Material selection depends on the requirement of the plastic parts, your injection molding
factory should be able to propose alternative material to reduce plastic part cost.

The required quantity

It's quit critical to give the expected volumes, it will affect the plastic injection mold making cost,
plastic part cost.
Dear Mold Manufacturer china, 

I have really enjoyed your article, thank you for taking the time for putting this kind of article in the web
that people could used and learn more about real cost that are involved in right pricing either directly or
indirectly for injection molding parts. 

I would really appropriated if you can help me littler more to better understand what you mean by "Batch"
and "debug time and "debug material"?

I would like to thank you in advance for your time and your help in this matter.

Thank you so much,

Eddie
- - - -> by: Eddie xx
Hello Eddie,

Material cost = [(1 + plastic material loss) * product weight * Batch + debug material lost weight + normal
rejection rate * product weight * Batch] * Material Unit Price / Batch. 
Where the plastic material loss is 3% -5% generally; general products of debug material lost weight and
normal rejection weight is 5000g - 15000g. 

By batch, it means production volume per order. Actually you can delete the "batch" factor to understand
it. It becomes:
Material cost = [(1 + plastic material loss) * product weight + debug material lost weight/batch + normal
rejection rate * product weight] * Material Unit Price.

By debug, it means: to adjust the mold /injection machine to the best condition for production. As you
know for all the molding process, you need first to adjust the injection parameter, the first few shots of
molded parts comes out of the mold are usually not the correct one, you get the correct parts after the
molding parameter are adjusted to optimization. Optimization condition means: fulfilled parts, correct
color, clean surface, no deformation, no flash, no sink mark... no any defects, and proper cooling
condition, shortest cycle time you are able to achieve etc. During debugging, you will waste some material
for nothing, that's why we call is "debug material lost weight". As the article indicated 5KG or 15KG, for
a small part, it would less but for a huge size part, it could be more than 15kg, such as the auto bumper
part/door part. Debug time would depends on mold condition itself and the injection machine condition, a
well-designed and well manufactured mold plus a good condition injection machine allow you to get them
into right working situation soon, of courses you need a well trained and experienced technician. if setting
right parameter and spend a half day on a small mold but don't see correct parts come out, you need to
record the problems and pull the molds off ---fix the mold first. if the mold are in good condition, but the
technician just can get it work right, you need to get a good technician.---that's just waste the
material/machine /electricity.

So you can see "Debugs cost" are actually are a set-up-production-line cost. Hope this helped.
- - - -> by: ACO Mold
Dear Mold Manufacturer china,

I appreciate that this is a very helpful article, but could you help to illustrate further more with example for
the below.

Injection Molded Parts Cost Calculation 

Product Unit Price = material cost + processing costs 
Material cost = (actual weight + loss weight) * Material Unit Price 
Processing cost = molding cycle * Price (s) ÷ cavity number (means the price of each part) 
For special packaging requirements, add packaging costs.
 Molding cycle are referring to mold cycle time? and what is Price (s)?

Thank you very much

Augustine
- - - -> by: Augustine
Hello sir,

could you help me for costing of plastic part in thermoforming cup?

may i use same formula for that as used in injection molding part

need your help please.

thanking you 
by santosh
- - - -> by: SANTOSH MADANE
Hi Boss 
Its Good for the learners Can u please explain simple Example 

machine hr rate = 30 $
Material cost = 30 $/kg
cycle time =12 Sec
no of cavity =2
weight/unit =20 gm 

what will be cost/unit

ikiHow to Estimate the Cost of the

Fabrication of Metal Sheets
Estimating the costs for fabrication of metal sheets is important prior to giving or taking
an order. A structured plan helps eliminate redundancy and lower overall costs. Your
costs are dependent on several factors like overhead costs, time taken, machine being
used, etc. These need to be effectively calculated in order to correctly estimate the
overall cost.

Steps
1.
Calculate the Quantity: Based on your requirement and end use of the product, decide on the
number of sheets you will need per part. These two factors will help you decide the exact
quantity needed for the entire project. Once you decide on the material to be used, you will be
able to ascertain the budget of the raw materials. Let this total cost be ‘A’.
2
Get A Quote. Contact your fabricator and get a quote according to the material, quality, and the
job to be performed. The supplier will provide a quote based on the number of sheets to be
fabricated, the equipment to be used, the skill set required for the job, and the time taken to
fabricate the sheets. Let this total cost be ‘B’.

3
Calculate Shipping Costs. The shipping costs either will have to be borne by you, or will be
factored into your entire fabrication and raw material cost. It is important to determine the cost
that the supplier and manufacturer are charging you. If you think this is excessive, you can
choose to outsource the shipping to a different service provider. Let this total cost be ‘C’.

4
Determine any costs that might be charged other than the ones mentioned above. For
example, you might have to pay extra for quality certificates. Let this total cost be ‘D’.

5
Calculate Total Cost. Calculate your overall cost by adding the estimations worked out in Step
1, Step 2, Step 3, and Step 4. Therefore, Total Cost = A + B + C + D.

6
Determine Your Profit Percentage. This step applies if you are acting as a supplier yourself
and the final product will be sold to a third party.Decide on your profit percentage. Calculate the
exact profit of your total cost. For example: If you decide that your profit percentage should be
20% of your overall cost and your overall cost is $1000.Then, profit is (20 ÷ 100) × 1000 = $200.
Therefore, your total cost, after factoring in your profit will be = Overall Cost + Profit Which is:
1000 + 200 = 1200Therefore, your overall cost would be $1200.