Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia - 2024
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (CIF) - 2022
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (FOB) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,351 per ton in 2022, with an increase of 28% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +50.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($15,244 per ton), while the price for Thailand ($6,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (FOB) - 2022
The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $10,526 per ton in 2022, falling by -5.1% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +104.9% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51%. Over the period under review, the average export prices reached the peak figure at $11,088 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($13,734 per ton), while the average price for exports to the Philippines ($8,298 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 China (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia
In 2022, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into Malaysia declined remarkably to 7.1K tons, which is down by -38.2% compared with 2021 figures. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of 12K tons, and then declined remarkably in the following year.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reduced dramatically to $81M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of $103M, and then fell rapidly in the following year.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 23.6 | 21.0 | 52.7 | 28.5 | 6.5% |
| South Korea | 18.5 | 13.9 | 16.1 | 20.2 | 3.0% |
| China | 6.3 | 9.5 | 12.1 | 10.4 | 18.2% |
| Taiwan (Chinese) | 2.7 | 3.3 | 5.3 | 6.3 | 32.6% |
| Singapore | 2.6 | 6.3 | 6.2 | 5.3 | 26.8% |
| Turkey | N/A | N/A | 0.5 | 2.9 | 480.0% |
| Germany | 6.6 | 3.8 | 3.0 | 1.4 | -40.4% |
| United States | 0.5 | 0.3 | 0.4 | 1.1 | 30.1% |
| Thailand | 1.6 | 0.5 | 0.7 | 1.1 | -11.7% |
| Others | 2.2 | 4.1 | 5.7 | 3.5 | 16.7% |
| Total | 64.8 | 62.7 | 103 | 80.8 | 7.6% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Malaysia in 2022:
- Japan (2101.2 tons)
- South Korea (1718.1 tons)
- China (1532.5 tons)
- Taiwan (Chinese) (414.2 tons)
- Singapore (393.3 tons)
- Turkey (251.4 tons)
- Thailand (173.9 tons)
- United States (118.7 tons)
- Germany (96.2 tons)
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia
In 2022, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -10.2% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 8.5% against the previous year. As a result, the exports attained the peak of 3.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reduced to $28M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of $33M, and then fell in the following year.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 12.0 | 11.8 | 12.2 | 12.8 | 2.2% |
| Hong Kong SAR | 4.1 | 4.2 | 5.5 | 5.6 | 11.0% |
| China | 0.2 | 0.3 | 1.2 | 2.2 | 122.4% |
| Taiwan (Chinese) | 0.4 | 0.3 | 2.5 | 1.8 | 65.1% |
| Philippines | 2.0 | 2.2 | 3.9 | 1.8 | -3.5% |
| Australia | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
| Kuwait | 0.9 | 0.1 | 0.1 | 0.8 | -3.9% |
| Thailand | 0.4 | 0.5 | 0.8 | 0.7 | 20.5% |
| Nigeria | 0.7 | 0.4 | 0.4 | 0.2 | -34.1% |
| India | 0.4 | 5.3 | 4.1 | 0.1 | -37.0% |
| South Korea | 0.8 | 1.1 | N/A | N/A | 37.5% |
| Others | 2.6 | 1.4 | 1.3 | 1.1 | -24.9% |
| Total | 25.2 | 28.0 | 32.6 | 27.8 | 3.3% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Malaysia in 2022:
- Singapore (1212.7 tons)
- Hong Kong SAR (512.7 tons)
- Philippines (215.1 tons)
- Taiwan (Chinese) (170.7 tons)
- China (156.7 tons)
- Kuwait (78.1 tons)
- Thailand (77.8 tons)
- Australia (73.3 tons)
- Nigeria (21.2 tons)
- India (5.9 tons)
- South Korea (1.5 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Malaysia.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
