Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia - 2024
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (CIF) - 2024
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (CIF) - 2024
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $11,879 per ton in December 2023, increasing by 12% against the previous month. In general, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 23% month-to-month. Over the period under review, average import prices attained the peak figure at $14,210 per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($15,555 per ton), while the price for South Korea ($4,015 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $11,816 per ton, surging by 19% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
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 Spain ($16,349 per ton), while the average price for exports to Australia ($2,624 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 the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia
In 2022, after two years of decline, there was growth in supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume increased by 4.2% to 2.9K tons. Over the period under review, imports, however, saw a perceptible descent.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose rapidly to $40M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.8 | 20.9 | 27.1 | 30.8 | 15.9% |
| Japan | 2.5 | 1.5 | 1.6 | 1.5 | -15.7% |
| United States | 1.0 | 0.9 | 1.4 | 1.4 | 11.9% |
| Singapore | 0.8 | 1.0 | 1.7 | 1.1 | 11.2% |
| South Korea | 0.6 | 0.6 | 0.5 | 0.9 | 14.5% |
| Thailand | 0.6 | 1.1 | 0.7 | 0.8 | 10.1% |
| India | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| United Kingdom | 0.2 | 0.5 | 0.4 | 0.4 | 26.0% |
| Italy | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 2.8 | 1.8 | 2.3 | 2.4 | -5.0% |
| Total | 29.0 | 28.8 | 36.2 | 40.0 | 11.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Malaysia in 2022:
- China (2149.9 tons)
- United States (128.8 tons)
- Singapore (87.8 tons)
- Japan (78.2 tons)
- South Korea (66.8 tons)
- India (53.7 tons)
- Thailand (42.7 tons)
- United Kingdom (35.9 tons)
- Italy (29.7 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 23% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $16M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,285 | 1,808 | 3,647 | 5,877 | 37.0% |
| Singapore | 1,916 | 2,069 | 2,346 | 3,596 | 23.4% |
| United States | 359 | 849 | 1,655 | 3,414 | 111.9% |
| China | 423 | 182 | 464 | 627 | 14.0% |
| United Kingdom | 139 | 132 | 152 | 610 | 63.7% |
| Vietnam | 655 | 733 | 624 | 533 | -6.6% |
| Thailand | 68.7 | 55.2 | 267 | 410 | 81.4% |
| Indonesia | 228 | 94.9 | 205 | 102 | -23.5% |
| Australia | 104 | 99.8 | 91.4 | 79.7 | -8.5% |
| Egypt | 185 | 113 | 286 | 76.2 | -25.6% |
| Germany | 203 | 104 | 70.6 | 63.9 | -32.0% |
| Qatar | 341 | 236 | 93.5 | 15.7 | -64.2% |
| Others | 780 | 771 | 1,016 | 573 | -9.8% |
| Total | 7,687 | 7,247 | 10,916 | 15,978 | 27.6% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Malaysia in 2022:
- Spain (359.5 tons)
- Singapore (300.0 tons)
- United States (255.0 tons)
- China (115.0 tons)
- Thailand (64.3 tons)
- Vietnam (61.2 tons)
- United Kingdom (52.1 tons)
- Australia (30.4 tons)
- Indonesia (18.3 tons)
- Egypt (18.1 tons)
- Germany (7.7 tons)
- Qatar (1.4 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Malaysia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
