Malaysia - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Seamless Pipe in Malaysia - 2021
Contents:
- Price for Stainless Steel Seamless Pipe in Malaysia (CIF) - 2021
- Price for Stainless Steel Seamless Pipe in Malaysia (FOB) - 2021
- Imports of Stainless Steel Seamless Pipe in Malaysia
- Exports of Stainless Steel Seamless Pipe in Malaysia
Price for Stainless Steel Seamless Pipe in Malaysia (CIF) - 2021
In December 2021, the average stainless steel seamless pipe import price amounted to $3,717 per ton, with an increase of 7.6% against the previous month. Overall, the import price continues to indicate noticeable growth. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 208% against the previous month. As a result, import price reached the peak level of $8,716 per ton. From June 2021 to December 2021, the average import prices remained 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 the United States ($9,971 per ton), while the price for Japan ($2,222 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 China (+7.8%), while the prices for the other major suppliers experienced a decline.
Price for Stainless Steel Seamless Pipe in Malaysia (FOB) - 2021
In December 2021, the average stainless steel seamless pipe export price amounted to $1,152 per ton, declining by -82.2% against the previous month. Overall, the export price showed a drastic downturn. The growth pace was the most rapid in April 2021 when the average export price increased by 302% against the previous month. The export price peaked at $6,474 per ton in November 2021, and then declined dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Trinidad and Tobago ($16,727 per ton), while the average price for exports to Singapore ($418 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 Trinidad and Tobago (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel Seamless Pipe in Malaysia
In 2022, imports of stainless steel seamless pipe for oil and gas into Malaysia soared to 18K tons, rising by 896% against the previous year. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel seamless pipe imports skyrocketed to $54M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Seamless Pipe in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.6 | 9.0 | 4.9 | 31.7 | 44.1% |
| China | 0.9 | 1.3 | 2.4 | 16.5 | 163.7% |
| Mexico | N/A | N/A | N/A | 1.5 | 0% |
| Singapore | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| Brazil | N/A | N/A | N/A | 0.5 | 0% |
| Others | 1.9 | 1.6 | 1.0 | 3.0 | 16.4% |
| Total | 13.5 | 12.0 | 8.4 | 54.3 | 59.0% |
Top Suppliers of Stainless Steel Seamless Pipe to Malaysia in 2022:
- Japan (10.1K tons)
- China (5.5K tons)
- Mexico (0.7K tons)
- Brazil (0.3K tons)
- Singapore (0.3K tons)
Exports of Stainless Steel Seamless Pipe in Malaysia
In 2022, shipments abroad of stainless steel seamless pipe for oil and gas decreased by -11.6% to 2.4K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, stainless steel seamless pipe exports soared to $5.9M in 2022. Over the period under review, exports showed a precipitous curtailment.
| Export of Stainless Steel Seamless Pipe in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.2 | 0.3 | 0.1 | 2.8 | 32.6% |
| Thailand | 0.3 | 0.1 | N/A | 2.7 | 108.0% |
| Norway | 15.0 | 10.5 | 5.0 | N/A | -42.3% |
| Others | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
| Total | 16.6 | 11.0 | 5.1 | 5.9 | -29.2% |
Top Export Markets for Stainless Steel Seamless Pipe from Malaysia in 2022:
- Thailand (1592.9 tons)
- Singapore (643.5 tons)
This report provides an in-depth analysis of the market for stainless steel seamless pipe 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 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless 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.
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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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