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 ton
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 ton), while Turkey ($6,458 per ton) 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 ton
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 ton), while Austria ($8,447 per ton) 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

Source: IndexBox Market Intelligence Platform

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