Thailand - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Copper Tube and Pipe in Thailand - 2023

Contents:

  1. Price for Copper Tube and Pipe in Thailand (FOB) - 2023
  2. Price for Copper Tube and Pipe in Thailand (CIF) - 2023
  3. Exports of Copper Tube and Pipe in Thailand
  4. Imports of Copper Tube and Pipe in Thailand

Price for Copper Tube and Pipe in Thailand (FOB) - 2023

In September 2023, the average copper tube and pipe export price amounted to $10,779 per ton, rising by 2.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 6.5% month-to-month. As a result, the export price reached the peak level of $11,595 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($19,492 per ton), while the average price for exports to South Korea ($9,301 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper Tube and Pipe in Thailand (CIF) - 2023

The average copper tube and pipe import price stood at $9,671 per ton in September 2023, remaining relatively unchanged against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 3.3% against the previous month. The import price peaked at $10,358 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Japan ($13,242 per ton) and Malaysia ($13,056 per ton), while the price for Hong Kong SAR ($8,919 per ton) and China ($9,551 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper Tube and Pipe in Thailand

After three years of growth, overseas shipments of copper tubes and pipes decreased by -3.1% to 55K tons in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, the exports attained the peak of 57K tons, and then declined modestly in the following year.

In value terms, copper tube and pipe exports fell to $622M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, the exports reached the peak of $630M, and then contracted in the following year.

Export of Copper Tube and Pipe in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.552.1139137106.8%
China3.714.6112116215.3%
Japan85.579.91251067.4%
Malaysia25.122.431.234.611.3%
India29.525.842.633.94.7%
Vietnam30.022.919.633.43.6%
Czech Republic27.423.935.330.13.2%
United Kingdom13.613.423.121.917.2%
South Korea2.03.94.321.0119.0%
Turkey4.65.916.714.345.9%
Indonesia6.66.38.38.810.1%
Belgium6.66.112.77.12.5%
Egypt5.36.89.46.99.2%
Others25.423.449.650.926.1%
Total28130763062230.3%

Top Export Markets for Copper Tube and Pipe from Thailand in 2022:

  1. United States (13.1K tons)
  2. China (10.9K tons)
  3. Japan (8.6K tons)
  4. Malaysia (3.3K tons)
  5. Vietnam (3.3K tons)
  6. India (3.2K tons)
  7. South Korea (1.9K tons)
  8. United Kingdom (1.7K tons)
  9. Czech Republic (1.6K tons)
  10. Turkey (1.2K tons)
  11. Indonesia (0.8K tons)
  12. Egypt (0.6K tons)
  13. Belgium (0.6K tons)

Imports of Copper Tube and Pipe in Thailand

For the fourth consecutive year, Thailand recorded growth in purchases abroad of copper tubes and pipes, which increased by 7.7% to 51K tons in 2022. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, copper tube and pipe imports surged to $542M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Copper Tube and Pipe in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22925434140120.5%
Vietnam13.312.826.148.654.0%
Hong Kong SARN/A0.117.428.51588.2%
Japan5.75.216.826.065.8%
Malaysia32.827.521.017.9-18.3%
South Korea15.116.922.714.3-1.8%
Others4.03.83.85.07.7%
Total30032044854221.8%

Top Suppliers of Copper Tube and Pipe to Thailand in 2022:

  1. China (38.4K tons)
  2. Vietnam (4.8K tons)
  3. Hong Kong SAR (2.7K tons)
  4. Japan (2.1K tons)
  5. Malaysia (1.5K tons)
  6. South Korea (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper tube and pipe in Thailand. 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 24442630 - Copper tubes and pipes

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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