Price for Winding Wire of Copper in Malaysia - 2021
Contents:
- Price for Winding Wire of Copper in Malaysia (FOB) - 2021
- Price for Winding Wire of Copper in Malaysia (CIF) - 2021
- Exports of Winding Wire of Copper in Malaysia
- Imports of Winding Wire of Copper in Malaysia
Price for Winding Wire of Copper in Malaysia (FOB) - 2021
The average winding wire of copper export price stood at $12,278 per ton in December 2021, picking up by 3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in February 2021 an increase of 12% m-o-m. Over the period under review, the average export prices attained the maximum at $12,290 per ton in July 2021; afterwards, it flattened through to December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($20,852 per ton), while the average price for exports to Vietnam ($10,770 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 Turkey (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire of Copper in Malaysia (CIF) - 2021
In December 2021, the average winding wire of copper import price amounted to $16,893 per ton, jumping by 23% against the previous month. Over the period under review, import price indicated a resilient increase from December 2020 to December 2021: its price increased at an average monthly rate of +9.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, winding wire of copper import price increased by +23.0% against November 2021 indices. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 137% against the previous month. Over the period under review, average import prices reached the peak figure at $17,302 per ton in August 2021; however, from September 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($31,781 per ton), while the price for Cambodia ($2,275 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 (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Malaysia
In 2022, approx. 29K tons of winding wire of coppers were exported from Malaysia; reducing by -13.7% on 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 38%. As a result, the exports attained the peak of 34K tons, and then reduced in the following year.
In value terms, winding wire of copper exports plummeted to $315M in 2022. Overall, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% 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 +30.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports reached the peak of $389M, and then fell markedly in the following year.
| Export of Winding Wire of Copper in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 2.9 | 2.6 | 1.4 | 315 | 377.1% |
| Hong Kong SAR | 9.7 | 9.5 | 16.7 | N/A | 31.2% |
| Thailand | 44.7 | 43.8 | 69.4 | N/A | 24.6% |
| China | 16.2 | 13.3 | 24.0 | N/A | 21.7% |
| Vietnam | 21.6 | 19.6 | 31.7 | N/A | 21.1% |
| Japan | 58.3 | 56.6 | 80.2 | N/A | 17.3% |
| India | 18.3 | 17.2 | 31.4 | N/A | 31.0% |
| Indonesia | 8.3 | 6.2 | 10.3 | N/A | 11.4% |
| Philippines | 19.5 | 15.9 | 27.4 | N/A | 18.5% |
| Singapore | 21.1 | 18.3 | 31.0 | N/A | 21.2% |
| Others | 52.6 | 38.3 | 65.0 | N/A | 11.2% |
| Total | 273 | 241 | 389 | 315 | 4.9% |
Top Export Markets for Winding Wire of Copper from Malaysia in 2022:
- Myanmar (29.4K tons)
Imports of Winding Wire of Copper in Malaysia
In 2022, approx. 6.9K tons of winding wire of coppers were imported into Malaysia; jumping by 22% compared with the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 8.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, winding wire of copper imports fell to $58M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $64M, and then contracted in the following year.
| Import of Winding Wire of Copper in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.8 | 10.8 | 16.2 | 30.7 | 30.5% |
| Singapore | 8.3 | 6.3 | 8.0 | 7.8 | -2.0% |
| India | 3.4 | 2.1 | 3.7 | 5.2 | 15.2% |
| United States | 2.4 | 2.5 | 2.1 | 2.3 | -1.4% |
| South Korea | 2.0 | 2.2 | 5.8 | 1.9 | -1.7% |
| Germany | 1.6 | 1.9 | 2.8 | 1.6 | 0.0% |
| Australia | 4.7 | 9.2 | 2.3 | 0.8 | -44.6% |
| Thailand | 1.1 | 1.5 | 2.8 | N/A | 59.5% |
| Indonesia | 0.4 | 6.6 | 9.4 | N/A | 384.8% |
| Others | 10.7 | 8.7 | 10.9 | 7.5 | -11.2% |
| Total | 48.4 | 51.6 | 63.9 | 57.8 | 6.1% |
Top Suppliers of Winding Wire of Copper to Malaysia in 2022:
- China (4218.6 tons)
- India (659.1 tons)
- United States (450.7 tons)
- Singapore (420.7 tons)
- Australia (298.3 tons)
- South Korea (268.8 tons)
- Germany (155.7 tons)
2724
This report provides an in-depth analysis of the wire and cable market in Malaysia.
460
This report provides an in-depth analysis of the winding wire market in Malaysia.
1237
This report provides an in-depth analysis of the optical fiber cables market in Malaysia.
450
This report provides an in-depth analysis of the insulated coaxial cable market in Malaysia.
317
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Malaysia.
600
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Malaysia.
134
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Malaysia.
5885
This report provides an in-depth analysis of the global wire and cable market.
806
This report provides an in-depth analysis of the global winding wire market.
3703
This report provides an in-depth analysis of the global optical fiber cables market.
714
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
966
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12470
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
2140
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
69
The global market for optical fiber cables is projected to experience continuous growth over the next seven years, driven by increasing demand worldwide. With an anticipated CAGR of +3.9% in volume and +5.7% in value, the market is expected to reach 2.2M tons and $29.6B by the end of 2030 respectively.
440
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
1009
As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables. In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.
960
The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...
475
The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close
171
Explore the top import markets for insulated coaxial cable and discover key statistics on countries driving the global demand. Learn about the latest trends and opportunities in the industry.
