South-Eastern Asia: Market for Copper Tubes And Pipes 2024

Market Size for Copper Tubes And Pipes in South-Eastern Asia

The Southeast Asian copper tube and pipe market shrank to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a slight shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Copper Tubes And Pipes in South-Eastern Asia

In value terms, copper tube and pipe production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Copper Tubes And Pipes

Exports in South-Eastern Asia

In 2022, approx. X tons of copper tubes and pipes were exported in South-Eastern Asia; growing by X% against 2021 figures. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, copper tube and pipe exports soared to $X in 2022. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Vietnam represented the major exporting country with an export of about X tons, which reached X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest copper tube and pipe supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Malaysia ($X), together accounting for X% of total exports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports in South-Eastern Asia

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper tubes and pipes, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, copper tube and pipe imports skyrocketed to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Thailand was the largest importing country with an import of about X tons, which amounted to X% of total imports. Malaysia (X tons) held the second position in the ranking, distantly followed by Indonesia (X tons) and Vietnam (X tons). All these countries together took near X% share of total imports. The following importers - the Philippines (X tons) and Singapore (X tons) - each recorded a X% share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Indonesia and Malaysia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported copper tubes and pipes in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Thailand, copper tube and pipe imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Vietnam ($X per ton) and Singapore ($X per ton), while Indonesia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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