South-Eastern Asia: Copper Spring Market 2020

Copper Spring Market Size in South-Eastern Asia

The revenue of the copper spring market in South-Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The copper spring consumption continues to indicate a strong increase. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. The level of copper spring consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Copper Spring Production in South-Eastern Asia

In 2017, approx. X tons of copper springs were produced in South-Eastern Asia; reducing by -X% against the previous year. The copper spring production continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% year-to-year. Over the period under review, the copper spring production attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Copper Spring Exports in South-Eastern Asia

In 2017, the amount of copper springs exported in South-Eastern Asia amounted to X tons, going down by -X% against the previous year. The copper spring exports continue to indicate a strong expansion. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, copper spring exports stood at $X in 2017. The copper spring exports continue to indicate a strong expansion. Over the period under review, the copper spring exports reached its maximum level of $X in 2016, and then declined slightly in the following year.

Copper Spring Exports by Country in South-Eastern Asia

Thailand represented the main exporter of copper springs in South-Eastern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2017. Singapore (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%) and Malaysia (X%).

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia increased by X% percentage points, while Vietnam (-X%), Singapore (-X%) and Thailand (-X%) saw their share reduced.

In value terms, Thailand ($X) remains the largest copper spring supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

In Thailand, copper spring exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (-X% per year) and Vietnam (+X% per year).

Copper Spring Export Prices by Country in South-Eastern Asia

In 2017, the copper spring export price in South-Eastern Asia amounted to $X per kg, lowering by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. In that year, the export prices for copper springs reached their peak level of $X per kg. From 2011 to 2017, growth of the export prices for copper springs stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Malaysia ($X per kg), while Thailand ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Copper Spring Imports in South-Eastern Asia

The imports amounted to X tons in 2017, jumping by X% against the previous year. The copper spring imports continue to indicate a strong expansion. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the copper spring imports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, copper spring imports totaled $X in 2017. The copper spring imports continue to indicate a prominent growth. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Copper Spring Imports by Country in South-Eastern Asia

The countries with the highest levels of copper spring imports in 2017 were Vietnam (X tons), Thailand (X tons) and Malaysia (X tons), together resulting at X% of total import. The Philippines (X tons) ranks second in terms of the global imports with a X% share, followed by Singapore (X%) and Indonesia (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest copper spring markets worldwide were Thailand ($X), Vietnam ($X) and Singapore ($X), together accounting for X% of total imports.

Vietnam (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Copper Spring Import Prices by Country in South-Eastern Asia

The copper spring import price in South-Eastern Asia stood at $X per kg in 2017, therefore, remained relatively stable against the previous year. The copper spring import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for copper springs reached its maximum level of $X per kg in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Thailand ($X per kg), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform