Asia: Copper Powder Market 2024

Copper Powder Market Size in Asia

The Asian copper powder market surged to $X in 2023, picking up by X% against the previous year. The total consumption indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Copper Powder Production in Asia

In value terms, copper powder production rose notably to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Copper Powder Exports

Exports in Asia

In 2023, shipments abroad of copper powders and flakes decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, copper powder exports dropped to $X in 2023. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Singapore (X tons), creating an X% share of total exports. The following exporters - Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) - together made up X% of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2023. At the same time, Singapore (X%), Hong Kong SAR (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Japan experienced a relatively flat trend pattern. From 2012 to 2023, the share of Malaysia and Singapore increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest copper powder supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Malaysia, copper powder exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced a decline in the export price figures.

Copper Powder Imports

Imports in Asia

In 2023, the amount of copper powders and flakes imported in Asia skyrocketed to X tons, picking up by X% against the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in years to come.

In value terms, copper powder imports rose remarkably to $X in 2023. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

Imports by Country

In 2023, Malaysia (X tons) represented the major importer of copper powders and flakes in Asia, comprising X% of total import.

Malaysia was also the fastest-growing in terms of the copper powders and flakes imports, with a CAGR of X% from 2012 to 2023. Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported copper powders and flakes in Asia.

From 2012 to 2023, the average annual growth rate of value in Malaysia stood at X%.

Import Prices by Country

In 2023, the import price in Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2023, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Source: IndexBox Platform