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.
Get FREE access to the latest data and statistics on the Wire and Cable Market.
Wire and Cable - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Germany |
4 | Indonesia |
5 | Philippines |
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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per tonne | ||||
Turkey | 5658 | 5448 | 6458 | 6.8% |
China | 8926 | 9454 | 6865 | -12.3% |
Italy | 7240 | 7183 | 7930 | 4.7% |
Spain | 8662 | 8429 | 8797 | 0.8% |
South Korea | 9614 | 9125 | 9362 | -1.3% |
Poland | 10204 | 10101 | 11225 | 4.9% |
Romania | 13354 | 12539 | 12665 | -2.6% |
Czech Republic | 11678 | 12475 | 13115 | 6.0% |
Hungary | 13715 | 14331 | 13643 | -0.3% |
Mexico | 17979 | 20928 | 15596 | -6.9% |
Germany | 14326 | 14913 | 17369 | 10.1% |
United States | 19297 | 16793 | 18303 | -2.6% |
Vietnam | 19653 | 21397 | 20469 | 2.1% |
Average | 11779 | 11905 | 11258 | -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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per tonne | ||||
Japan | 18054 | 19197 | 22099 | 10.6% |
Hong Kong SAR | 18711 | 18274 | 15368 | -9.4% |
United States | 17040 | 16668 | 14607 | -7.4% |
Mexico | 15436 | 16417 | 13883 | -5.2% |
Germany | 12603 | 12568 | 12860 | 1.0% |
Czech Republic | 12668 | 12002 | 12285 | -1.5% |
Italy | 12044 | 13062 | 11940 | -0.4% |
France | 10851 | 10882 | 11080 | 1.0% |
Spain | 13115 | 11479 | 10405 | -10.9% |
Poland | 10297 | 9776 | 9881 | -2.0% |
United Kingdom | 9292 | 9296 | 9874 | 3.1% |
Vietnam | 8969 | 9415 | 8927 | -0.2% |
Austria | 9799 | 7684 | 8447 | -7.2% |
Average | 11766 | 11794 | 11573 | -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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
United States | 21 | 18 | 22 | 4.4% |
Germany | 11 | 9.9 | 12 | 7.9% |
Japan | 7.3 | 6.7 | 8.2 | 5.9% |
Mexico | 4.8 | 4.2 | 5.6 | 8.5% |
France | 4.2 | 3.6 | 4.6 | 4.3% |
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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 21 | 21 | 23 | 4.9% |
Mexico | 12 | 10 | 13 | 5.6% |
Germany | 8 | 7.7 | 9.8 | 10.8% |
United States | 8.9 | 7.3 | 8.7 | -1.2% |
Vietnam | 5.2 | 5 | 5.1 | -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
This report provides an in-depth analysis of the global wire and cable market.
This report provides an in-depth analysis of the wire and cable market in Latin America and the Caribbean.
This report provides an in-depth analysis of the wire and cable market in Eastern Asia.
This report provides an in-depth analysis of the wire and cable market in Africa.
This report provides an in-depth analysis of the wire and cable market in Northern America.
This report provides an in-depth analysis of the wire and cable market in South-Eastern Asia.
This report provides an in-depth analysis of the wire and cable market in Central Asia.
This report provides an in-depth analysis of the wire and cable market in the Middle East.
This report provides an in-depth analysis of the wire and cable market in Australia and Oceania.
This report provides an in-depth analysis of the wire and cable market in Southern Asia.