Malaysia: Cement Pipe Market 2024

Cement Pipe Market Size in Malaysia

The Malaysian cement pipe market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cement Pipe Production in Malaysia

In value terms, cement pipe production reduced modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Cement Pipe Exports

Exports from Malaysia

In 2022, approx. X units of pipes and other articles of cement were exported from Malaysia; reducing by X% against 2021 figures. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement pipe exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Singapore (X units) was the main destination for cement pipe exports from Malaysia, accounting for a X% share of total exports. Moreover, cement pipe exports to Singapore exceeded the volume sent to the second major destination, Indonesia (X units), more than tenfold. The third position in this ranking was held by Bangladesh (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Bangladesh (X% per year).

In value terms, Singapore ($X) emerged as the key foreign market for pipes and other articles of cement exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average cement pipe export price stood at $X per unit in 2022, falling by X% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cement Pipe Imports

Imports into Malaysia

In 2022, after four years of growth, there was significant decline in purchases abroad of pipes and other articles of cement, when their volume decreased by X% to X units. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2021, and then declined sharply in the following year.

In value terms, cement pipe imports shrank significantly to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of cement pipe to Malaysia, with a X% share of total imports. Moreover, cement pipe imports from China exceeded the figures recorded by the second-largest supplier, Brunei Darussalam (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brunei Darussalam (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of pipes and other articles of cement to Malaysia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

In 2022, the average cement pipe import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell in the following year.

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 China ($X per unit), while the price for Brunei Darussalam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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