Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia - 2024

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $7,240 per ton, growing by 1.6% against the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 65%. The import price peaked at $14,076 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 ($23,207 per ton), while the price for China ($3,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $11,012 per ton, picking up by 37% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 tubing; flexible, with or without fittings, of base metals increased by +82.8% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 145%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($42,328 per ton), while the average price for exports to Cambodia ($2,434 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 States (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia

In 2022, approx. 2.4K tons of tubing; flexible, with or without fittings, of base metals were imported into Malaysia; increasing by 15% on 2021 figures. Over the period under review, imports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 40%.

In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $18M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +96.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Malaysia in 2022:

1. China (1390.7 tons)
2. India (244.8 tons)
3. United States (242.5 tons)
4. United Kingdom (161.9 tons)
5. Singapore (104.7 tons)
6. Germany (76.1 tons)
7. Taiwan (Chinese) (41.0 tons)
8. South Korea (27.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Malaysia

In 2022, approx. 944 tons of tubing; flexible, with or without fittings, of base metals were exported from Malaysia; rising by 20% against the year before. Over the period under review, exports, however, recorded a abrupt downturn.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $10M in 2022. Overall, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Malaysia in 2022:

1. Japan (292.6 tons)
2. Brunei Darussalam (224.1 tons)
3. Singapore (122.1 tons)
4. United States (78.5 tons)
5. Taiwan (Chinese) (73.6 tons)
6. Indonesia (50.5 tons)
7. Cambodia (15.6 tons)
8. China (15.0 tons)
9. Qatar (13.5 tons)
10. India (8.2 tons)
11. South Korea (3.8 tons)
12. Vietnam (3.5 tons)

Source: IndexBox Market Intelligence Platform