Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $12,571 per ton in 2022, with an increase of 6.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $13,470 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($23,011 per ton), while the price for Taiwan (Chinese) ($7,127 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia
In 2022, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) imported into Malaysia contracted dramatically to 80 tons, which is down by -33.2% against the year before. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 193%. As a result, imports attained the peak of 119 tons, and then contracted remarkably in the following year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank remarkably to $1,000K in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 261% against the previous year. As a result, imports reached the peak of $1.4M, and then fell rapidly in the following year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 158 | 98.2 | 330 | 353 | 30.7% |
| United Kingdom | 44.1 | 3.6 | 289 | 136 | 45.6% |
| Japan | 14.8 | 6.0 | 77.7 | 125 | 103.6% |
| Vietnam | N/A | N/A | 200 | 113 | -43.5% |
| South Korea | 137 | 115 | 115 | 98.5 | -10.4% |
| Singapore | 79.7 | 2.4 | 264 | 69.2 | -4.6% |
| Taiwan (Chinese) | 35.3 | 14.8 | 10.7 | 32.3 | -2.9% |
| Netherlands | 99.7 | 55.1 | 49.4 | 23.7 | -38.1% |
| India | 117 | 36.6 | 32.9 | 6.7 | -61.5% |
| Others | 160 | 57.0 | 34.4 | 42.3 | -35.8% |
| Total | 846 | 389 | 1,403 | 1,000 | 5.7% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Malaysia in 2022:
- China (35.0 tons)
- Japan (12.1 tons)
- Vietnam (8.9 tons)
- United Kingdom (5.9 tons)
- South Korea (5.1 tons)
- Taiwan (Chinese) (4.5 tons)
- Singapore (3.4 tons)
- Netherlands (1.3 tons)
- India (0.5 tons)
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