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Wire and Cable Market

Wire and cable market: find recently published datasets powered by an Ai-driven market intelligence platform. Data contain exports, imports, production, companies, market size, consumption, trade, and market prices. There is a breakdown by country, including the U.K., the U.S., China, EU, Latin America, the Middle East, Russia, and Africa. Market trends and outlook to 2030 are also provided in the snapshots.


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Wire and Cable - World's Largest Markets

RatingCountry
1China
2United States
3Germany
4Indonesia
5Philippines

In value terms, the largest wire and cable markets worldwide were China, the United States and Germany, with a combined 38% share of the global market. These countries were followed by Indonesia, the Philippines, Japan, France, the UK, Egypt, Mexico, Saudi Arabia, Turkey and South Korea, which together accounted for a further 25%.

In terms of the main consuming countries, the Philippines saw the highest rates of growth with regard to market size, over the period under review, while wire and cable market for the other global leaders experienced more modest paces of growth.

Wire And Cable Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Turkey5658544864586.8%
China892694546865-12.3%
Italy7240718379304.7%
Spain8662842987970.8%
South Korea961491259362-1.3%
Poland1020410101112254.9%
Romania133541253912665-2.6%
Czech Republic1167812475131156.0%
Hungary137151433113643-0.3%
Mexico179792092815596-6.9%
Germany14326149131736910.1%
United States192971679318303-2.6%
Vietnam1965321397204692.1%
Average117791190511258-2.2%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($20,469 per tonne), while Turkey ($6,458 per tonne) was amongst the lowest.

From 2019 to 2021, 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.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Japan18054191972209910.6%
Hong Kong SAR187111827415368-9.4%
United States170401666814607-7.4%
Mexico154361641713883-5.2%
Germany1260312568128601.0%
Czech Republic126681200212285-1.5%
Italy120441306211940-0.4%
France1085110882110801.0%
Spain131151147910405-10.9%
Poland1029797769881-2.0%
United Kingdom9292929698743.1%
Vietnam896994158927-0.2%
Austria979976848447-7.2%
Average117661179411573-0.8%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($22,099 per tonne), while Austria ($8,447 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Wire and Cable - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States2118224.4%
Germany119.9127.9%
Japan7.36.78.25.9%
Mexico4.84.25.68.5%
France4.23.64.64.3%

In value terms, the largest wire and cable importing markets worldwide were the United States ($22.4B), Germany ($12.5B) and Japan ($8.2B), together accounting for 33% of global imports. Mexico, France, the UK, the Czech Republic, Hong Kong SAR, Spain, Italy, Poland, Austria and Vietnam lagged somewhat behind, together comprising a further 26%.

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

Wire and Cable - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
China2121234.9%
Mexico1210135.6%
Germany87.79.810.8%
United States8.97.38.7-1.2%
Vietnam5.255.1-1.0%

In value terms, the largest wire and cable supplying countries worldwide were China ($22.5B), Mexico ($12.9B) and Germany ($9.8B), with a combined 34% share of global exports. The United States, Vietnam, Italy, Romania, the Czech Republic, Poland, South Korea, Hungary, Spain and Turkey lagged somewhat behind, together accounting for a further 30%.

Among the main exporting countries, Italy saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Wire and Cable - Market Forecast

Driven by increasing demand for wire and cable worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Wire and Cable - Top Companies

Ape Indústria e Comércio Ltda, Taishan Group Tai'an Taishan Electric Vehicle Wire Co., Ltd., PANASONIC CORPORATION, JOHOKU DENSO K.K., SUMITOMO ELECTRIC INDUSTRIES, LTD., Lear Corporation, HINDALCO INDUSTRIES LIMITED, Arconic Inc., MURATA MANUFACTURING CO.,LTD., Alcoa Corporation, Novelis Inc., Bae Systems Holdings Inc., Akt America, Inc., KOITO MANUFACTURING CO., LTD., FUJIKURA LTD., AVIC Electromechanical System Co., Ltd., Hangzhou Hikvision Digital Technology Co., Ltd., Rockwell Automation Safety AG, Rockwell Automation Switzerland GmbH, Samsung SDI Co., Ltd.

Wire and Cable - Product Coverage

  • HS 854411 - Insulated electric conductors; winding wire, of copper
  • HS 854419 - Insulated electric conductors; winding wire, (of other than copper)
  • HS 854420 - Insulated electric conductors; co-axial cable and other co-axial electric conductors
  • HS 854430 - Insulated electric conductors; ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
  • HS 854442 - Insulated electric conductors; for a voltage not exceeding 1000 volts, fitted with connectors
  • HS 854449 - Insulated electric conductors; for a voltage not exceeding 80 volts, not fitted with connectors
  • HS 854460 - Insulated electric conductors; for a voltage exceeding 1000 volts
Store
Blog
Event
World - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
3612

This report provides an in-depth analysis of the global wire and cable market.

Latin America and the Caribbean - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
231

This report provides an in-depth analysis of the wire and cable market in Latin America and the Caribbean.

Eastern Asia - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
226

This report provides an in-depth analysis of the wire and cable market in Eastern Asia.

Africa - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
224

This report provides an in-depth analysis of the wire and cable market in Africa.

Northern America - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
208

This report provides an in-depth analysis of the wire and cable market in Northern America.

South-Eastern Asia - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
205

This report provides an in-depth analysis of the wire and cable market in South-Eastern Asia.

Central Asia - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
198

This report provides an in-depth analysis of the wire and cable market in Central Asia.

Middle East - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
196

This report provides an in-depth analysis of the wire and cable market in the Middle East.

Australia and Oceania - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
177

This report provides an in-depth analysis of the wire and cable market in Australia and Oceania.

Southern Asia - Insulated Wire and Cable - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 22, 2022
145

This report provides an in-depth analysis of the wire and cable market in Southern Asia.

Category
Geography
U.S. Boosts Electric Cable Imports 28% to Over $19B on Strong Economic Recovery
Jan 25, 2022
231
The U.S., being the leading importer in the global electric cable market, sharply increased imports last year. In January-October 2021, American cable purchases rose by 43% to 920M tonnes or by 28% to $19B in value terms compared to the same period of 2020. 
The American Cable Market Will Shoot Up Thanks to Infrastructure Development for Electric Vehicles
Jun 22, 2021
395
Electric wires and cables may hit a record demand amid the infrastructure development for electric vehicles in the U.S., for which the Biden administration's infrastructure bill will allocate $174B. The active deployment of 5G networks and the expansion in the construction sector due to the rush demand for dwellings will also continue driving the market in the medium term.
The Expansion of Data Center Facilities and Telecom Drives the Global Wire and Cable Market While the Pandemic Hampers Construction and Industry
Dec 9, 2020
521
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
U.S. Rubber and Plastic Hoses and Belting Market | Mitsuboshi Belting Ltd., U.S. Rubber Corp., VIS USA, Uniband USA
Jul 5, 2019
641
The revenue of the rubber market in the U.S. amounted to $5B in 2018, therefore, remained relatively stable against the pr...
Steel Wire Market in the USA - Key Insights
Jun 28, 2019
655
The revenue of the steel wire market in the U.S. amounted to $3.2B in 2018, surging by 14% against the previous year. This...
The US Steel Wire Market to Begin Modest Growth
Jul 13, 2018
587
In 2016, in terms of wholesale prices, the market of steel wire stood at $X. From 2008 to 2016, the U.S. steel wire market indicated a mixed trend pattern. It dropped by X% to the bottom level of $X followed by recovery over the next two years,
U.S. Copper and Copper Alloys Products Market to Reach $20B Tonnes by 2025
Jun 22, 2018
570
In value terms, the US copper and copper alloy product market value decreased by X% to $X in 2016. From 2007 to 2016, the market was subject to significant fluctuations against changes in prices.
Which Country Imports the Most Insulated Wire and Cable in the World?
May 28, 2018
6060
Global wire and cable imports totaled X tonnes in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
Which Country Exports the Most Insulated Wire and Cable in the World?
May 28, 2018
931
Global wire and cable imports totaled X tonnes in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
China is the Key Steel Wire Supplier to the U.S.
Dec 3, 2015
1080
China was the main supplier of steel wire into the U.S., with a X% share of total U.S. imports in 2014. However, the fastest growing suppliers were Mexico (+X% per year) and Japan (+X% per year) in total imports from 2007 to 2014.
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