ASEAN: Copper Chain Market 2024

Copper Chain Market Size in ASEAN

The ASEAN copper chain market fell rapidly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a pronounced downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Copper Chain Production in ASEAN

In value terms, copper chain production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Copper Chain Exports

Exports in ASEAN

In 2022, copper chain exports in ASEAN skyrocketed to X tons, growing by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper chain exports skyrocketed to $X in 2022. In general, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore represented the main exporting country with an export of about X tons, which accounted for X% of total exports. Vietnam (X tons) held the second position in the ranking, followed by Malaysia (X tons) and Thailand (X tons). All these countries together held approx. X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of chain and parts thereof of copper. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%), Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Vietnam and Thailand increased by X, X and X percentage points, respectively.

In value terms, Singapore ($X) remains the largest copper chain supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Singapore, copper chain exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a pronounced decline. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Copper Chain Imports

Imports in ASEAN

Copper chain imports reduced to X tons in 2022, waning by X% compared with the previous year's figure. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, copper chain imports rose sharply to $X in 2022. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia represented the key importer of chain and parts thereof of copper in ASEAN, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Malaysia (X tons), comprising a X% share of total imports. The following importers - Vietnam (X tons) and the Philippines (X tons) - each reached a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Indonesia ($X) constitutes the largest market for imported chain and parts thereof of copper in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform