Malaysia: Copper Market 2024

Copper Market Size in Malaysia

The Malaysian copper market rose sharply to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a moderate expansion 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 2020 indices. Copper consumption peaked in 2022 and is expected to retain growth in the immediate term.

Copper Exports

Exports from Malaysia

In 2022, exports of refined copper from Malaysia reduced to X tons, falling by X% on the previous year. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, copper exports shrank remarkably to $X in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons), Bangladesh (X tons) and India (X tons) were the main destinations of copper exports from Malaysia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and Pakistan ($X) were the largest markets for copper exported from Malaysia worldwide, with a combined X% share of total exports. These countries were followed by India, which accounted for a further X%.

Among the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average copper export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India ($X 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 China (X%), while the prices for the other major destinations experienced a decline.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Copper Imports

Imports into Malaysia

In 2022, purchases abroad of refined copper increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports continue to indicate a tangible increase. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, copper imports totaled $X in 2022. In general, imports posted a pronounced expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia (X tons), Indonesia (X tons) and Japan (X tons) were the main suppliers of copper imports to Malaysia, together accounting for X% of total imports. South Korea, Chile, the Philippines, China and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Indonesia ($X) and Japan ($X) appeared to be the largest copper suppliers to Malaysia, with a combined X% share of total imports. South Korea, Chile, the Philippines, China and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, import price indicated a slight increase 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, copper import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :