Netherlands: Stranded Wire Market 2024

Stranded Wire Market Size in the Netherlands

In 2022, the Dutch stranded wire market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a pronounced slump. Stranded wire consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Stranded Wire Production in the Netherlands

In value terms, stranded wire production plummeted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Stranded Wire Exports

Exports from the Netherlands

In 2022, overseas shipments of stranded wire, ropes and cables decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, stranded wire exports rose rapidly to $X in 2022. Overall, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X tons) was the main destination for stranded wire exports from the Netherlands, accounting for a X% share of total exports. Moreover, stranded wire exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Spain (X% per year).

In value terms, Germany ($X) remains the key foreign market for stranded wire, ropes and cables exports from the Netherlands, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Belgium (X% per year).

Export Prices by Country

The average stranded wire export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stranded Wire Imports

Imports into the Netherlands

In 2022, after three years of growth, there was significant decline in supplies from abroad of stranded wire, ropes and cables, when their volume decreased by X% to X tons. Overall, imports saw a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, stranded wire imports rose modestly to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of stranded wire to the Netherlands, with a X% share of total imports. Moreover, stranded wire imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was held by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of stranded wire, ropes and cables to the Netherlands, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average stranded wire import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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