Which Country Exports the Most Insulated Wire and Cable in the World?

Other Electronic And Electric Wires And Cables May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, approx. 9.6M tonnes of wire and cable were exported worldwide; increasing by 4% against the previous year level. Overall, wire and cable exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when it surged by 7% against the previous year level. Over the period under review, global wire and cable exports attained its maximum volume of 11M tonnes in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.

In value terms, wire and cable exports amounted to $110B in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total exports value decreased at an average annual rate of -0.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, wire and cable exports decreased by -7.7% against its level of 2014. Global wire and cable export peaked of $119B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Wire And Cable Exporting Countries in the World

1. China (20.9 billion USD)

2. Mexico (11.3 billion USD)

3. Germany (6.9 billion USD)

4. Romania (4.2 billion USD)

5. South Korea (2.9 billion USD)

6. Italy (2.9 billion USD)

7. Czech Republic (2.6 billion USD)

8. Poland (2.6 billion USD)

9. France (2.0 billion USD)

10. Spain (2.0 billion USD)

11. Turkey (1.8 billion USD)

12. Egypt (0.7 billion USD)

Wire And Cable Exports By Country

China (2.4M tonnes) was the major exporting country with an export of around 2.4M tonnes, which reached 25% of total exports. Mexico (761K tonnes) held the second position in the ranking, followed by Germany (559K tonnes), and Italy (450K tonnes). All these countries together took approx. 18% share of total exports. Turkey (395K tonnes), Poland (346K tonnes), Romania (336K tonnes), South Korea (325K tonnes), Spain (274K tonnes), Czech Republic (243K tonnes), France (188K tonnes), and Egypt (187K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to wire and cable exports from China stood at +4.4%. At the same time, Egypt (+90.0%), Romania (+8.0%), Turkey (+4.5%), Spain (+2.8%), Mexico (+2.4%), and Czech Republic (+1.8%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing importer/exporter in the world, with a CAGR of +90.0% from 2007-2016. Italy, Germany, South Korea, and Poland experienced a relatively flat trend pattern. By contrast, France (-3.1%) illustrated a downward trend over the same period. Mexico (-1.5%), Romania (-1.7%), Egypt (-1.9%), and China (-8.0%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($21B), Mexico ($11B) and Germany ($6.9B) appeared as the countries with the highest levels of exports in 2016, together accounting for 36% of global exports.

China (+8.5% per year) recorded the highest rates of growth with regard to the wire and cable exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Wire And Cable Export Prices By Country

The average wire and cable export price stood at $11 per kg in 2016, descending by -4.4% against the previous year. Overall, it indicated a tangible increase from 2007 to 2016: the export price value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, wire and cable export price decreased by -12.9% against its level of 2011. The pace of growth appeared the most rapid in 2010, an increase of 28% against the previous year level. Global wire and cable export peaked of $13 per kg in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Mexico ($15 per kg), while Egypt ($3,972 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of wire and cable export prices was attained by China (+3.9% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global wire and cable market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • wire and cable market share
  • wire and cable prices
  • wire and cable industry
  • wire and cable sales
  • wire and cable import
  • wire and cable export
  • wire and cable market forecast
  • wire and cable price forecast
  • key wire and cable producers

All data provided in this article covers the following product: HS Code 8544 - Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors.

Source: World: Insulated Wire And Cable - Market Report. Analysis and Forecast to 2025