Malaysia - Plastics Pipes And Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastics Pipe and Pipe Fitting in Malaysia - 2021
Contents:
- Price for Plastics Pipe and Pipe Fitting in Malaysia (FOB) - 2021
- Price for Plastics Pipe and Pipe Fitting in Malaysia (CIF) - 2021
- Exports of Plastics Pipe and Pipe Fitting in Malaysia
- Imports of Plastics Pipe and Pipe Fitting in Malaysia
Price for Plastics Pipe and Pipe Fitting in Malaysia (FOB) - 2021
The average export price for plastics pipes and pipe fittings stood at $2,873 per ton in December 2021, picking up by 4.1% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average export price increased by 16% m-o-m. The export price peaked at $3,011 per ton in October 2021; however, from November 2021 to December 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was China ($5,007 per ton), while the average price for exports to Singapore ($1,688 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plastics Pipe and Pipe Fitting in Malaysia (CIF) - 2021
In December 2021, the average import price for plastics pipes and pipe fittings amounted to $5,827 per ton, falling by -7.8% against the previous month. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in June 2021 an increase of 33% month-to-month. Over the period under review, average import prices hit record highs at $9,045 per ton in February 2021; however, from March 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($14,342 per ton), while the price for Colombia ($3,555 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plastics Pipe and Pipe Fitting in Malaysia
Plastics pipe and pipe fitting exports from Malaysia dropped to 33K tons in 2022, waning by -11.7% compared with the year before. Over the period under review, exports recorded a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of 37K tons, and then fell in the following year.
In value terms, plastics pipe and pipe fitting exports shrank to $105M in 2022. Overall, exports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $117M, and then shrank in the following year.
Export of Plastics Pipe and Pipe Fitting in Malaysia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 32.3 | 25.1 | 37.1 | 31.7 | -0.6% |
United States | 5.2 | 5.5 | 13.7 | 12.0 | 32.1% |
China | 7.9 | 10.1 | 4.9 | 11.5 | 13.3% |
Indonesia | 8.3 | 7.0 | 7.2 | 6.1 | -9.8% |
Vietnam | 8.0 | 8.3 | 7.5 | 5.8 | -10.2% |
Thailand | 7.7 | 4.2 | 6.0 | 5.5 | -10.6% |
Australia | 3.9 | 3.2 | 4.8 | 3.6 | -2.6% |
Philippines | 4.3 | 3.2 | 5.2 | 3.0 | -11.3% |
Cambodia | 4.0 | 1.6 | 1.0 | 2.1 | -19.3% |
Brunei Darussalam | 1.4 | 1.1 | 1.8 | 0.7 | -20.6% |
Myanmar | 3.6 | 2.6 | 1.7 | 0.6 | -45.0% |
Qatar | 0.9 | 0.6 | 0.6 | 0.4 | -23.7% |
Others | 21.0 | 21.3 | 25.5 | 22.6 | 2.5% |
Total | 109 | 93.9 | 117 | 105 | -1.2% |
Top Export Markets for Plastics Pipe and Pipe Fitting from Malaysia in 2022:
- Singapore (18.5K tons)
- Indonesia (1.9K tons)
- Thailand (1.8K tons)
- Vietnam (1.6K tons)
- China (1.3K tons)
- United States (1.0K tons)
- Australia (0.9K tons)
- Cambodia (0.9K tons)
- Myanmar (0.5K tons)
- Philippines (0.5K tons)
- Brunei Darussalam (0.4K tons)
- Qatar (0.3K tons)
Imports of Plastics Pipe and Pipe Fitting in Malaysia
Plastics pipe and pipe fitting imports into Malaysia fell to 11K tons in 2022, which is down by -6.3% on the previous year. Overall, imports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when imports increased by 14%.
In value terms, plastics pipe and pipe fitting imports shrank to $69M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of $73M, and then dropped in the following year.
Import of Plastics Pipe and Pipe Fitting in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.1 | 17.6 | 22.8 | 28.3 | 16.1% |
Singapore | 4.6 | 6.0 | 7.0 | 7.6 | 18.2% |
United States | 7.5 | 7.1 | 10.1 | 7.0 | -2.3% |
Germany | 4.0 | 4.8 | 3.3 | 5.1 | 8.4% |
Japan | 12.1 | 11.1 | 10.1 | 4.0 | -30.9% |
Taiwan (Chinese) | 4.4 | 1.6 | 2.3 | 2.3 | -19.4% |
South Korea | 1.8 | 0.9 | 1.6 | 1.6 | -3.9% |
Colombia | 0.4 | 1.1 | 1.2 | 0.9 | 31.0% |
Indonesia | 1.2 | 0.7 | 0.7 | 0.7 | -16.4% |
Norway | 2.0 | 1.1 | 0.5 | 0.2 | -53.6% |
Others | 14.3 | 11.9 | 13.6 | 11.0 | -8.4% |
Total | 70.4 | 63.9 | 73.2 | 68.6 | -0.9% |
Top Suppliers of Plastics Pipe and Pipe Fitting to Malaysia in 2022:
- Norway (undefinedK tons)
- China (5.4K tons)
- Singapore (0.9K tons)
- United States (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- Germany (0.5K tons)
- Japan (0.4K tons)
- Colombia (0.4K tons)
- South Korea (0.3K tons)
- Indonesia (0.2K tons)
This report provides an in-depth analysis of the market for plastics pipe and pipe fitting 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
- Prodcom 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
- Prodcom 22212157 - Rigid tubes, pipes and hoses of polymers of vinyl chloride
- Prodcom 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)
- Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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