South-Eastern Asia: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2024

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in South-Eastern Asia

The Southeast Asian market for tubes, pipes and hollow profiles (of iron or steel) declined slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in South-Eastern Asia

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports in South-Eastern Asia

In 2022, after three years of decline, there was significant growth in overseas shipments of tubes, pipes and hollow profiles (of iron or steel), when their volume increased by X% to X tons. Overall, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2022. In general, exports, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Vietnam (X tons), Thailand (X tons), Indonesia (X tons), Singapore (X tons) and Malaysia (X tons) was the key exporter of tubes, pipes and hollow profiles (of iron or steel) in South-Eastern Asia, making up X% of total export. The Philippines (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

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

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

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports in South-Eastern Asia

In 2022, overseas purchases of tubes, pipes and hollow profiles (of iron or steel) were finally on the rise to reach X tons after three years of decline. Overall, imports, however, continue to indicate a perceptible curtailment. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2022. Over the period under review, imports, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of tubes, pipes and hollow profiles (of iron or steel) in 2022 were Indonesia (X tons), Thailand (X tons), Singapore (X tons), the Philippines (X tons), Malaysia (X tons), Myanmar (X tons), Vietnam (X tons) and Cambodia (X tons), together reaching X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel pipe and tube importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total imports. Malaysia, Vietnam, the Philippines, Myanmar and Cambodia lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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