Malaysia: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Malaysia

The Malaysian copper pipe and fitting market contracted dramatically to $X in 2021, with a decrease of -39.5% against the previous year. Overall, consumption showed a abrupt slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Copper Tubes, Pipes And Fitting in Malaysia

In value terms, copper pipe and fitting production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt setback. The growth pace was the most rapid in 2018 when the production volume increased by 25% against the previous year. Copper pipe and fitting production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Malaysia

In 2021, shipments abroad of copper tubes, pipes and fitting was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, copper pipe and fitting exports surged to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons), Mexico (X tons) and Saudi Arabia (X tons) were the main destinations of copper pipe and fitting exports from Malaysia, with a combined 49% share of total exports. The United States, Turkey, Thailand, the United Arab Emirates, Poland, South Korea, Egypt, Kuwait, Russia and Italy lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +307.8%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Mexico ($X) and the United States ($X) constituted the largest markets for copper pipe and fitting exported from Malaysia worldwide, together comprising 48% of total exports. Saudi Arabia, Turkey, Thailand, Poland, the United Arab Emirates, South Korea, Egypt, Kuwait, Russia and Italy lagged somewhat behind, together accounting for a further 38%.

In terms of the main countries of destination, Russia, with a CAGR of +328.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, growing by 27% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Poland ($X per ton) and Italy ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Malaysia

In 2021, overseas purchases of copper tubes, pipes and fitting decreased by -15.5% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 29%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, copper pipe and fitting imports rose markedly to $X in 2021. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest copper pipe and fitting supplier to Malaysia, accounting for a 62% share of total imports. Moreover, copper pipe and fitting imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-13.0% per year) and Thailand (-3.6% per year).

In value terms, China ($X) constituted the largest supplier of copper tubes, pipes and fitting to Malaysia, comprising 63% of total imports. The second position in the ranking was taken by Japan ($X), with a 15% share of total imports. It was followed by Thailand, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.6% per year) and Thailand (-3.6% per year).

Import Prices by Country

In 2021, the average copper pipe and fitting import price amounted to $X per ton, growing by 33% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per ton) and Japan ($X per ton), while the price for Thailand ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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