Price for Copper Alloy Tube or Pipe Fitting in Malaysia - 2024

Price for Copper Alloy Tube or Pipe Fitting in Malaysia (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $13,857 per ton, growing by 5% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($20,712 per ton), while the price for Belgium ($4,700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Malaysia (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $12,118 per ton, rising by 44% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 tube or pipe fittings, couplings, elbows, sleeves of copper alloys increased by +119.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 52%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($17,685 per ton), while the average price for exports to Australia ($2,648 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 the United Arab Emirates (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Malaysia

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Malaysia expanded slightly to 2.7K tons, with an increase of 4.9% compared with the previous year's figure. Overall, imports, however, recorded a pronounced descent.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys rose remarkably to $37M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +44.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper Alloy Tube or Pipe Fitting in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.4	20.5	26.4	30.0	15.6%
United States	0.9	0.9	1.3	1.3	13.0%
Singapore	0.7	0.9	1.7	1.0	12.6%
Japan	0.7	0.8	1.1	1.0	12.6%
Thailand	0.6	1.1	0.7	0.8	10.1%
South Korea	0.4	0.2	0.2	0.6	14.5%
Italy	0.3	0.3	0.3	0.3	0.0%
Taiwan (Chinese)	0.2	0.2	0.3	0.2	0.0%
Belgium	N/A	N/A	N/A	0.2	0%
Others	2.6	1.5	1.9	1.9	-9.9%
Total	25.9	26.4	33.9	37.4	13.0%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Malaysia in 2022:

China (2073.2 tons)
United States (124.2 tons)
Singapore (81.9 tons)
Japan (56.8 tons)
South Korea (49.3 tons)
Belgium (41.9 tons)
Taiwan (Chinese) (41.8 tons)
Thailand (38.1 tons)
Italy (29.4 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Malaysia

In 2022, approx. 694 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Malaysia; with an increase of 13% against 2021. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $8.4M in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper Alloy Tube or Pipe Fitting in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	359	849	1,523	3,414	111.9%
Singapore	346	398	491	2,324	88.7%
United Kingdom	139	132	152	610	63.7%
Vietnam	653	733	624	531	-6.7%
China	423	182	464	453	2.3%
Thailand	52.1	48.3	264	257	70.2%
Saudi Arabia	17.5	27.2	78.4	114	86.8%
Indonesia	201	88.5	191	96.9	-21.6%
Philippines	122	58.4	152	87.8	-10.4%
Australia	104	99.8	91.4	79.7	-8.5%
Egypt	185	113	286	76.2	-25.6%
Germany	203	104	70.6	63.9	-32.0%
Qatar	341	236	93.5	15.7	-64.2%
Others	546	587	655	283	-19.7%
Total	3,690	3,656	5,134	8,407	31.6%