Report Update: May 1, 2024

Malaysia - Base Metal Flexible Tubing, Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Base Metal Flexible Tubing in Malaysia - 2021

Price for Base Metal Flexible Tubing in Malaysia (CIF) - 2022

The average base metal flexible tubing import price stood at $9,425 per ton in 2022, falling by -6.1% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price 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. Based on 2022 figures, base metal flexible tubing import price increased by +39.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $13,482 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Thailand ($16,164 per ton), while the price for Germany ($3,509 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Base Metal Flexible Tubing in Malaysia (FOB) - 2022

In 2022, the average base metal flexible tubing export price amounted to $9,032 per ton, increasing by 9.3% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 52% against the previous year. The export price peaked at $14,889 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the Philippines ($24,023 per ton), while the average price for exports to Cambodia ($3,501 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 Philippines (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing in Malaysia

After three years of growth, supplies from abroad of base metal flexible tubing, iron or steel decreased by -16.3% to 440 tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year.

In value terms, base metal flexible tubing imports declined markedly to $4.2M in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of $5.3M, and then declined remarkably in the following year.

Import of Base Metal Flexible Tubing in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	263	1,720	2,244	1,585	82.0%
Singapore	221	581	1,823	1,287	79.9%
Thailand	911	6.9	30.0	423	-22.6%
United States	284	257	341	267	-2.0%
Germany	181	88.6	173	143	-7.6%
Switzerland	36.5	25.4	158	112	45.3%
Taiwan (Chinese)	68.6	92.6	57.6	65.9	-1.3%
Others	350	246	457	267	-8.6%
Total	2,314	3,017	5,284	4,150	21.5%

Top Suppliers of Base Metal Flexible Tubing to Malaysia in 2022:

China (195.2 tons)
Singapore (99.4 tons)
Germany (40.8 tons)
Thailand (26.2 tons)
Switzerland (23.2 tons)
United States (20.6 tons)
Taiwan (Chinese) (8.2 tons)

Exports of Base Metal Flexible Tubing in Malaysia

In 2022, after two years of decline, there was significant growth in shipments abroad of base metal flexible tubing, iron or steel, when their volume increased by 12% to 95 tons. In general, exports, however, saw a abrupt slump.

In value terms, base metal flexible tubing exports skyrocketed to $862K in 2022. Overall, exports, however, saw a noticeable decline.

Export of Base Metal Flexible Tubing in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	617	278	146	416	-12.3%
Indonesia	116	136	63.8	126	2.8%
Vietnam	89.7	173	26.0	116	8.9%
Cambodia	1.3	10.5	47.4	53.4	245.0%
Myanmar	3.5	42.0	47.0	53.0	147.4%
Philippines	23.2	5.9	34.0	38.3	18.2%
Papua New Guinea	11.0	2.4	20.6	23.2	28.2%
Belgium	N/A	N/A	147	N/A	0%
China	N/A	245	64.3	N/A	-73.8%
Others	109	129	107	35.5	-31.2%
Total	971	1,021	703	862	-3.9%

Top Export Markets for Base Metal Flexible Tubing from Malaysia in 2022:

Singapore (50.2 tons)
Cambodia (15.3 tons)
Vietnam (11.8 tons)
Indonesia (6.9 tons)
Myanmar (5.7 tons)
Papua New Guinea (2.5 tons)
Philippines (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for base metal flexible tubing in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25992985 - Base metal flexible tubing excluding rubber tubing incorporating/fitted with external metallic reinforcements, f lexible tubing (form of machinery/vehicle parts), iron or steel

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023