Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia (FOB) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia (CIF) - 2022
3. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia
4. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $17,176 per ton in November 2021, increasing by 56% against the previous month. In general, export price indicated a buoyant increase from January 2021 to November 2021: its price increased at an average monthly rate of +5.9% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2021 figures, export price for copper; cast, moulded, stamped or forged, but not further worked increased by +134.3% against June 2021 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($19,506 per ton), while the average price for exports to China ($3,292 per ton) was amongst the lowest.

From January 2021 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $11,258 per ton in November 2021, surging by 144% against the previous month. In general, the import price recorded a slight expansion. The pace of growth was the most pronounced in April 2021 when the average import price increased by 175% month-to-month. Over the period under review, average import prices reached the peak figure in November 2021.

Average prices varied somewhat amongst the major supplying countries. In November 2021, the countries with the highest prices were Thailand ($14,293 per ton) and China ($12,121 per ton), while the price for Japan ($9,634 per ton) and the United States ($10,897 per ton) were amongst the lowest.

From January 2021 to November 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked exported from Malaysia skyrocketed to 1.4K tons, jumping by 31% against the previous year. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 275%. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked shrank significantly to $10M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 127%.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Malaysia in 2022:

1. Taiwan (Chinese) (558.8 tons)
2. China (513.0 tons)
3. Singapore (150.3 tons)
4. United Kingdom (115.8 tons)
5. South Korea (67.1 tons)
6. Thailand (26.5 tons)

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Malaysia

After three years of growth, overseas purchases of copper; cast, moulded, stamped or forged, but not further worked decreased by -25.4% to 330 tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of 443 tons, and then shrank notably in the following year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked contracted dramatically to $2.8M in 2022. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 84%. As a result, imports attained the peak of $3.6M, and then declined significantly in the following year.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Malaysia in 2022:

1. United States (99.3 tons)
2. China (92.1 tons)
3. Japan (51.2 tons)
4. United Kingdom (26.2 tons)
5. South Korea (21.6 tons)
6. Thailand (19.8 tons)
7. Singapore (17.4 tons)

Source: IndexBox Market Intelligence Platform