South-Eastern Asia: Electrical Strip Market 2020

Electrical Strip Market Size in South-Eastern Asia

The revenue of the electrical strip market in South-Eastern Asia amounted to $X in 2017, jumping 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). The electrical strip consumption continues to indicate a strong increase. The pace of growth appeared the most rapid in 2012, when market value increased by X% against the previous year. The level of electrical strip consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Electrical Strip Exports in South-Eastern Asia

In 2017, the amount of electrical sheet and strip exported in South-Eastern Asia totaled X tons, shrinking by -X% against the previous year. The electrical strip exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, electrical strip exports amounted to $X in 2017. The electrical strip exports continue to indicate an abrupt reduction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Electrical Strip Exports by Country in South-Eastern Asia

Vietnam was the key exporting country with an export of around X tons, which finished at X% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Singapore (X tons) and Thailand (X tons). All these countries together took near X% share of total exports.

Exports from Vietnam decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Malaysia (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%) illustrated a downward trend over the same period. Vietnam (X%) and Thailand (X%) significantly strengthened its position in terms of the global exports, while Singapore and Malaysia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Vietnam ($X) remains the largest electrical strip supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Vietnam amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+X% per year) and Malaysia (+X% per year).

Electrical Strip Export Prices by Country in South-Eastern Asia

The electrical strip export price in South-Eastern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The electrical strip export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. Over the period under review, the export prices for electrical sheet and strip reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Singapore ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Electrical Strip Imports in South-Eastern Asia

In 2017, approx. X tons of electrical sheet and strip were imported in South-Eastern Asia; growing by X% against the previous year. The electrical strip imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2014, when imports increased by X% y-o-y. Over the period under review, the electrical strip imports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, electrical strip imports stood at $X in 2017. The total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrical strip imports increased by +X% against 2014 indices. Over the period under review, the electrical strip imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Electrical Strip Imports by Country in South-Eastern Asia

In 2017, Vietnam (X tons) represented the largest importer for electrical sheet and strip, constituting X% of total imports. Thailand (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Indonesia (X%), Malaysia (X%) and the Philippines (X%). Singapore (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Malaysia, the Philippines and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , the Philippines (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Strip Import Prices by Country in South-Eastern Asia

The electrical strip import price in South-Eastern Asia stood at $X per ton in 2017, surging by X% against the previous year. The electrical strip import price continues to indicate a measured descent. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, the import prices for electrical sheet and strip attained its maximum level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform