Price for Winding Wire, Other than of Copper in Malaysia - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Malaysia (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Malaysia (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Malaysia
- Exports of Winding Wire, Other than of Copper in Malaysia
Price for Winding Wire, Other than of Copper in Malaysia (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $17,531 per ton in 2022, rising by 16% against the previous year. Overall, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 237% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 United States ($72,964 per ton), while the price for South Korea ($6,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Malaysia (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $9,587 per ton in 2022, picking up by 6.9% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 winding wire, other than of coppers increased by +77.9% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $11,773 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,530 per ton), while the average price for exports to China ($4,926 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 Singapore (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Malaysia
Imports of winding wire, other than of coppers into Malaysia fell to 4.2K tons in 2022, with a decrease of -12.1% on the year before. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 4.8K tons, and then contracted in the following year.
In value terms, imports of winding wire, other than of coppers fell slightly to $70M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $73M, and then dropped in the following year.
| Import of Winding Wire, Other than of Copper in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.0 | 26.5 | 37.2 | 37.6 | 7.8% |
| Singapore | 3.6 | 3.3 | 7.5 | 6.9 | 24.2% |
| United States | 4.4 | 4.8 | 4.6 | 6.9 | 16.2% |
| Taiwan (Chinese) | 2.1 | 4.0 | 4.7 | 4.6 | 29.9% |
| Thailand | 4.7 | 4.1 | 5.1 | 4.1 | -4.5% |
| Vietnam | 1.8 | 0.7 | 0.6 | 2.1 | 5.3% |
| South Korea | 3.7 | 4.6 | 2.2 | 1.0 | -35.3% |
| India | 0.5 | 0.3 | 0.5 | 0.8 | 17.0% |
| Others | 9.2 | 11.1 | 10.2 | 5.7 | -14.7% |
| Total | 60.1 | 59.4 | 72.5 | 69.6 | 5.0% |
Top Suppliers of Winding Wire, Other than of Copper to Malaysia in 2022:
- China (3019.4 tons)
- Singapore (274.6 tons)
- Thailand (167.7 tons)
- Vietnam (158.6 tons)
- South Korea (157.4 tons)
- United States (94.0 tons)
- Taiwan (Chinese) (88.6 tons)
- India (80.5 tons)
Exports of Winding Wire, Other than of Copper in Malaysia
For the third consecutive year, Malaysia recorded decline in shipments abroad of winding wire, other than of coppers, which decreased by -14.5% to 2.8K tons in 2022. Overall, exports continue to indicate a deep slump. The smallest decline of -13% was in 2021.
In value terms, exports of winding wire, other than of coppers declined to $27M in 2022. In general, exports recorded a deep setback. The smallest decline of -2.4% was in 2021.
| Export of Winding Wire, Other than of Copper in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 19.4 | 19.2 | 19.3 | 20.4 | 1.7% |
| Hong Kong SAR | 7.4 | 5.2 | 3.3 | 1.3 | -44.0% |
| China | 0.8 | 0.2 | N/A | 0.6 | -9.1% |
| Philippines | 3.4 | 0.4 | 0.4 | 0.4 | -51.0% |
| Nigeria | N/A | 0.9 | 1.5 | N/A | 66.7% |
| United Arab Emirates | 1.3 | 0.4 | 0.2 | N/A | -60.8% |
| Others | 3.8 | 3.7 | 4.5 | 4.0 | 1.7% |
| Total | 36.1 | 29.9 | 29.2 | 26.6 | -9.7% |
Top Export Markets for Winding Wire, Other than of Copper from Malaysia in 2022:
- Japan (2384.5 tons)
- China (121.1 tons)
- Hong Kong SAR (72.0 tons)
- Philippines (38.0 tons)
- United Arab Emirates (3.3 tons)
- Nigeria (0.1 tons)
2836
This report provides an in-depth analysis of the wire and cable market in Malaysia.
467
This report provides an in-depth analysis of the winding wire market in Malaysia.
1277
This report provides an in-depth analysis of the optical fiber cables market in Malaysia.
454
This report provides an in-depth analysis of the insulated coaxial cable market in Malaysia.
327
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Malaysia.
617
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Malaysia.
139
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Malaysia.
5985
This report provides an in-depth analysis of the global wire and cable market.
852
This report provides an in-depth analysis of the global winding wire market.
3739
This report provides an in-depth analysis of the global optical fiber cables market.
925
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
983
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12758
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
2200
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
25
Explore the top import markets for winding wire in 2023, including the United States, Japan, Germany, and more. Learn about the key statistics and trends driving the global trade of this essential product.
132
The global market for optical fiber cables is projected to experience continuous growth over the next seven years, driven by increasing demand worldwide. With an anticipated CAGR of +3.9% in volume and +5.7% in value, the market is expected to reach 2.2M tons and $29.6B by the end of 2030 respectively.
511
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
1054
As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables. In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.
975
The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...
489
The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close
