South-Eastern Asia: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in South-Eastern Asia

In 2019, the Southeast Asian market for tube or pipe fittings of non-malleable cast iron increased by X% to $X, rising for the fourth year in a row after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The level of consumption peaked in 2019 and is likely to continue growth in the near future.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in South-Eastern Asia

In value terms, non-malleable cast iron pipe fittings production stood at $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Production By Country in South-Eastern Asia

The country with the largest volume of non-malleable cast iron pipe fittings production was Indonesia (X tons), comprising approx. X% of total volume. Moreover, non-malleable cast iron pipe fittings production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X tons), threefold.

In Indonesia, non-malleable cast iron pipe fittings production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-X% per year) and Vietnam (+X% per year).

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports in South-Eastern Asia

In 2019, after two years of growth, there was decline in shipments abroad of tube or pipe fittings of non-malleable cast iron, when their volume decreased by -X% to X tons. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The volume of export peaked at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, non-malleable cast iron pipe fittings exports reached $X in 2019. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

Indonesia (X tons), Thailand (X tons) and Malaysia (X tons) represented roughly X% of total exports of tube or pipe fittings of non-malleable cast iron in 2019. It was distantly followed by Singapore (X tons), making up a X% share of total exports. Vietnam (X tons) occupied a minor share of total exports.

From 2007 to 2019, the biggest increases were in Indonesia, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Indonesia ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

Indonesia recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price for tube or pipe fittings of non-malleable cast iron in South-Eastern Asia stood at $X per ton in 2019, surging by X% against the previous year. Export price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, non-malleable cast iron pipe fittings export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of export peaked at $X per ton in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports in South-Eastern Asia

In 2019, approx. X tons of tube or pipe fittings of non-malleable cast iron were imported in South-Eastern Asia; picking up by X% on 2018 figures. Total imports indicated a temperate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, non-malleable cast iron pipe fittings imports rose rapidly to $X in 2019. Total imports indicated a resilient expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of tube or pipe fittings of non-malleable cast iron, namely Singapore, Malaysia and the Philippines, represented more than two-thirds of total import. Vietnam (X tons) took the next position in the ranking, followed by Thailand (X tons). All these countries together held near X% share of total imports. The following importers - Myanmar (X tons) and Brunei Darussalam (X tons) - each amounted to a X% share of total imports.

From 2007 to 2019, the biggest increases were in Vietnam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Vietnam, Thailand, Myanmar and Brunei Darussalam lagged somewhat behind, together comprising a further X the main importing countries, Myanmar saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price for tube or pipe fittings of non-malleable cast iron in South-Eastern Asia amounted to $X per ton, remaining stable against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Myanmar ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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