Asia: Copper Powder Market 2024

Copper Powder Market Size in Asia

In 2022, the Asian copper powder market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Powder Production in Asia

In value terms, copper powder production declined to $X in 2022 estimated in export price. Over the period under review, production showed a slight decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Copper Powder Exports

Exports in Asia

In 2022, exports of copper powders and flakes in Asia expanded modestly to X tons, growing by X% against the previous year. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, copper powder exports contracted slightly to $X in 2022. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced modestly in the following year.

Exports by Country

Malaysia dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Singapore (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) took a relatively small share of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. Malaysia (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia stood at X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Copper Powder Imports

Imports in Asia

In 2022, the amount of copper powders and flakes imported in Asia surged to X tons, growing by X% against the previous year. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper powder imports soared to $X in 2022. Over the period under review, imports saw a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) represented the major importer of copper powders and flakes, committing X% of total imports. It was distantly followed by China (X tons), creating a X% share of total imports. The following importers - Thailand (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) - each accounted for a X% share of total imports.

Malaysia was also the fastest-growing in terms of the copper powders and flakes imports, with a CAGR of X% from 2012 to 2022. At the same time, China (X%) displayed positive paces of growth. By contrast, South Korea (X%), Taiwan (Chinese) (X%) and Thailand (X%) illustrated a downward trend over the same period. Malaysia (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), South Korea and Thailand saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest copper powder importing markets in Asia were China ($X), Malaysia ($X) and South Korea ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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