Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia - 2024

Contents:

  1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (CIF) - 2024
  2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (FOB) - 2022
  3. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia
  4. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (CIF) - 2024

In April 2024, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $8,491 per ton, reducing by -5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 7.6% month-to-month. The import price peaked at $9,257 per ton in April 2023; however, from May 2023 to April 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In April 2024, the highest price was recorded for prices from Democratic Republic of the Congo ($8,685 per ton) and Tanzania ($8,565 per ton), while the price for China ($8,246 per ton) and Chile ($8,265 per ton) were amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (FOB) - 2022

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $6,800 per ton in 2022, dropping by -23.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. As a result, the export price reached the peak level of $8,927 per ton, and then fell markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,075 per ton), while the average price for exports to India ($2,409 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia

Imports of copper; refined, unwrought, cathodes and sections of cathodeses into Malaysia soared to 541K tons in 2022, rising by 16% on the year before. Overall, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 45%.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses expanded significantly to $5B in 2022. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 124%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia7013587378074.8%
Indonesia34421776978631.7%
Japan16519820925916.2%
South Korea306114363226-9.6%
Chile9.83.32.5160153.7%
Philippines40.618.826.096.633.5%
Zambia43.42.535.240.0-2.7%
China12654.830.236.9-33.6%
Others1,9531,0452,3292,60110.0%
Total3,6882,0114,5025,01410.8%

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Malaysia in 2022:

  1. Australia (86.6K tons)
  2. Indonesia (85.0K tons)
  3. Japan (27.9K tons)
  4. South Korea (23.8K tons)
  5. Chile (16.3K tons)
  6. Philippines (10.5K tons)
  7. Zambia (4.2K tons)
  8. China (4.1K tons)

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia

In 2022, exports of copper; refined, unwrought, cathodes and sections of cathodeses from Malaysia shrank rapidly to 8K tons, which is down by -47.3% on 2021 figures. Over the period under review, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses shrank significantly to $55M in 2022. In general, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 78%.

Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1.48.624.820.8145.8%
PakistanN/A2.6N/A5.140.1%
China53.924.034.60.9-74.4%
IndiaN/AN/AN/A0.40%
Thailand7.80.2N/AN/A-97.4%
Vietnam6.7N/A3.3N/A-29.8%
Singapore2.31.80.4N/A-58.3%
Taiwan (Chinese)N/AN/A4.4N/A0%
Others72.839.068.327.3-27.9%
Total14576.113654.6-27.8%

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Malaysia in 2022:

  1. Bangladesh (2.7K tons)
  2. Pakistan (0.8K tons)
  3. India (0.2K tons)
  4. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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