World - Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Stranded Wire Market

Stranded wire market: enjoy recently published statistics powered by an Ai-driven market intelligence tool. Facts and figures contain imports, production, market size, exports, consumption, companies, trade, and market prices. There is a breakdown by region, including China, the U.K., the Middle East, EU, Africa, Russia, the U.S., and Latin America. Market trends and outlook to 2030 are also provided in the snapshots.


Get FREE access to the latest data and statistics on the Stranded Wire Market.

Stranded Wire - World's Largest Markets

RatingCountry
1Japan
2China
3India
4United States
5Brazil

In value terms, Japan, China and India constituted the countries with the highest levels of market value in 2020, with a combined 48% share of the global market. The United States, Brazil, Germany, Indonesia, Vietnam, Poland, Spain, Russia and Turkey lagged somewhat behind, together accounting for a further 23%.

Vietnam saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while stranded wire market for the other global leaders experienced more modest paces of growth.

Stranded Wire Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Portugal142313741176-9.1%
Malaysia140913821354-2.0%
Hungary164614701377-8.5%
Thailand193118031447-13.4%
China208716861648-11.1%
Italy260724632250-7.1%
South Korea243925202406-0.7%
India19432020244412.2%
Vietnam20401984288518.9%
Belgium433940712910-18.1%
Turkey413736183237-11.5%
Germany5247520653000.5%
United States737373016566-5.6%
Average263323722338-5.8%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($6,566 per ton), while Portugal ($1,176 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Canada442431073161-15.5%
Germany2919282030352.0%
France354234382889-9.7%
Vietnam269724492616-1.5%
Spain267127182520-2.9%
Poland2426247924991.5%
Netherlands2302240423040.0%
Japan227422572151-2.7%
Brazil210023462095-0.1%
United States226422062052-4.8%
India228922741950-7.7%
South Korea180516641648-4.4%
Thailand200121031638-9.5%
Average253724552428-2.2%

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($3,161 per ton), while Thailand ($1,638 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Need a Better Market Strategy?

Find out how to improve your business.
Book a free 30-minute chat with our expert.

Book Your Free Call
Aleksandr Romanenko
Aleksandr Romanenko

Stranded Wire - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States1.21.21-10.8%
Germany0.70.60.5-13.5%
Canada0.40.30.3-7.9%
France0.30.30.3-9.4%
Vietnam0.20.20.29.5%

In value terms, the United States ($954M), Germany ($488M) and Canada ($305M) appeared to be the countries with the highest levels of imports in 2020, with a combined 19% share of global imports. France, Vietnam, Poland, Thailand, South Korea, Japan, the Netherlands, Spain, India and Brazil lagged somewhat behind, together accounting for a further 24%.

In terms of the main importing countries, the Netherlands saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Stranded Wire - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China2.52.52.2-5.7%
Germany0.80.70.7-4.9%
Turkey0.70.60.6-8.7%
United States0.80.70.5-17.1%
South Korea0.60.60.5-12.5%

In value terms, China ($2.2B) remains the largest stranded wire supplier worldwide, comprising 25% of global exports. The second position in the ranking was occupied by Germany ($682M), with a 7.6% share of global exports. It was followed by Turkey, with a 6.3% share.

From 2018 to 2020, the average annual growth rate of value in China stood at -5.7%. In the other countries, the average annual rates were as follows: Germany (-4.9% per year) and Turkey (-8.7% per year).

Stranded Wire - Market Forecast

Driven by rising demand for stranded wire worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Stranded Wire - Top Companies

Taishan Group Tai'an Taishan Electric Vehicle Wire Co., Ltd., JOHOKU DENSO K.K., HINDALCO INDUSTRIES LIMITED, Arconic Inc., Alcoa Corporation, Novelis Inc., FUJIKURA LTD., UACJ CORPORATION, WALSIN LIHWA CORPORATION, DAIDO STEEL CO., LTD., Zhejiang Hailiang Co., Ltd., Jiangsu Zhongtian Technology Co.,Ltd, General Cable Corporation, Shanxi Huali Shengda Industry & Trade Co., Ltd., Baosheng Science and Technology Innovation Co., Ltd., Novelis Deutschland GmbH, Liaoning Zhongwang Group Co., Ltd., Jiangsu Zhongli Group Co., Ltd., Aleris Corporation, Hydro Aluminium Rolled Products GmbH

Stranded Wire - Product Coverage

  • HS 7312 - Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated
  • HS 7413 - Copper; stranded wire, cables, plaited bands and the like, not electrically insulated
  • HS 7614 - Aluminium; stranded wire, cables, plaited bands and the like, (not electrically insulated)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global stranded wire market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
  • Prodcom 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
  • Prodcom 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
  • Prodcom 25931270 - Aluminium stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
Free Data: Stranded Wire, Ropes And Cables - World