Asia-Pacific: Copper Foil Market 2025

Copper Foil Market Size in Asia-Pacific

In 2022, the Asia-Pacific copper foil market decreased by -19.4% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank sharply in the following year.

Copper Foil Production in Asia-Pacific

In value terms, copper foil production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Copper Foil Exports

Exports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in shipments abroad of copper foil, when their volume decreased by -7.9% to X tons. In general, exports saw a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports dropped to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Taiwan (Chinese) (X tons), distantly followed by China (X tons), South Korea (X tons), Japan (X tons) and Malaysia (X tons) were the major exporters of copper foil, together making up 92% of total exports. The following exporters - Hong Kong SAR (X tons) and Thailand (X tons) - each accounted for a 4.3% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by South Korea (with a CAGR of +5.4%), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 72% share of total exports. South Korea, Malaysia, Hong Kong SAR and Thailand lagged somewhat behind, together comprising a further 25%.

South Korea, with a CAGR of +11.0%, recorded the highest growth rate of 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 Asia-Pacific stood at $X per ton in 2022, shrinking by -1.9% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil export price increased by +52.1% against 2014 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 18%. As a result, the export price attained the peak level of $X per ton, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Thailand ($X 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 (+13.9%), while the other leaders experienced more modest paces of growth.

Copper Foil Imports

Imports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in supplies from abroad of copper foil, when their volume decreased by -17% to X tons. In general, imports saw a slight slump. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, copper foil imports dropped rapidly to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value 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, imports increased by +21.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

China represented the key importer of copper foil in Asia-Pacific, with the volume of imports reaching X tons, which was near 43% of total imports in 2022. It was distantly followed by South Korea (X tons), Japan (X tons), Taiwan (Chinese) (X tons), Thailand (X tons) and India (X tons), together comprising a 43% share of total imports. Vietnam (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to copper foil imports into China stood at -1.6%. At the same time, Vietnam (+15.9%), India (+8.9%), Thailand (+6.7%), Japan (+4.7%), South Korea (+3.0%) and Taiwan (Chinese) (+2.6%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +15.9% from 2012-2022. South Korea (+6 p.p.), Japan (+3.7 p.p.), Thailand (+3.7 p.p.), India (+3.5 p.p.), Vietnam (+3 p.p.) and Taiwan (Chinese) (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported copper foil in Asia-Pacific, comprising 49% of total imports. The second position in the ranking was held by South Korea ($X), with a 15% share of total imports. It was followed by Taiwan (Chinese), with a 10% share.

In China, copper foil imports increased at an average annual rate of +2.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+4.8% per year) and Taiwan (Chinese) (+2.6% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by 2% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2021 an increase of 16% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform