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Eastern Asia - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Wire And Cable Market Overview 2020

Wire And Cable Market Size in Eastern Asia

For the third consecutive year, the East Asian wire and cable market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.

Wire And Cable Production in Eastern Asia

In value terms, wire and cable production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, production reached the peak level in 2019 and is likely to see gradual growth in years to come.

Production By Country in Eastern Asia

China (X tonnes) remains the largest wire and cable producing country in Eastern Asia, accounting for X% of total volume. Moreover, wire and cable production in China exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), more than tenfold.

In China, wire and cable production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (-X% per year).

Wire And Cable Exports

Exports in Eastern Asia

For the fourth year in a row, Eastern Asia recorded growth in overseas shipments of insulated wire and cable, which increased by X% to X tonnes in 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in years to come.

In value terms, wire and cable exports amounted to $X in 2019. Total exports indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to see gradual growth in the immediate term.

Exports by Country

China prevails in wire and cable exports structure, amounting to X tonnes, which was near X% of total exports in 2019. It was distantly followed by South Korea (X tonnes), achieving a X% share of total exports. China, Hong Kong SAR (X tonnes), Japan (X tonnes) and Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the insulated wire and cable exports, with a CAGR of +X% from 2007 to 2019. South Korea and Taiwan, Chinese experienced a relatively flat trend pattern. Japan (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Japan (-X p.p.) and China, Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wire and cable supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2019, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The wire and cable export price in Eastern Asia stood at $X per tonne in 2019, approximately mirroring the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Wire And Cable Imports

Imports in Eastern Asia

In 2019, supplies from abroad of insulated wire and cable increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2016; afterwards, it flattened through to 2019.

In value terms, wire and cable imports rose modestly to $X in 2019. Total imports indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

Imports by Country

Japan (X tonnes) and China, Hong Kong SAR (X tonnes) represented the largest importers of insulated wire and cable in 2019, accounting for near X% and X% of total imports, respectively. China (X tonnes) held the next position in the ranking, followed by South Korea (X tonnes). All these countries together occupied approx. X% share of total imports. Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Japan, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest wire and cable importing markets in Eastern Asia were Japan ($X), China ($X) and China, Hong Kong SAR ($X), together comprising X% of total imports. These countries were followed by South Korea and Taiwan, Chinese, which together accounted for a further X Korea recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The wire and cable import price in Eastern Asia stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the import price increased by X% year-to-year. The level of import peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China ($X per tonne), while China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for insulated wire and cable in Eastern Asia?
+
China (7M tonnes) remains the largest wire and cable consuming country in Eastern Asia, comprising approx. 81% of total volume. Moreover, wire and cable consumption in China exceeded the figures recorded by the second-largest consumer, Japan (735K tonnes), ninefold. South Korea (493K tonnes) ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of insulated wire and cable in Eastern Asia?
+
The country with the largest volume of wire and cable production was China (9.3M tonnes), comprising approx. 89% of total volume. Moreover, wire and cable production in China exceeded the figures recorded by the second-largest producer, South Korea (599K tonnes), more than tenfold.
What are the leading exporters of insulated wire and cable in Eastern Asia?
+
In value terms, China ($23.1B) remains the largest wire and cable supplier in Eastern Asia, comprising 73% of total exports. The second position in the ranking was occupied by China, Hong Kong SAR ($3.1B), with a 9.9% share of total exports. It was followed by South Korea, with a 8.6% share.
What are the leading importers of insulated wire and cable in Eastern Asia?
+
In value terms, the largest wire and cable importing markets in Eastern Asia were Japan ($7.6B), China ($4.5B) and China, Hong Kong SAR ($3.5B), with a combined 80% share of total imports. These countries were followed by South Korea and Taiwan, Chinese, which together accounted for a further 19%.
What is the average export price for insulated wire and cable in Eastern Asia?
+
The wire and cable export price in Eastern Asia stood at $10,030 per tonne in 2019, almost unchanged from the previous year.
What is the average import price for insulated wire and cable in Eastern Asia?
+
In 2019, the wire and cable import price in Eastern Asia amounted to $15,887 per tonne, rising by 1.6% against the previous year.

Product coverage:
• Prodcom 27321130 -
• Prodcom 27321150 -
• Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
• Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
• Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
• Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
• Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships

This report provides an in-depth analysis of the wire and cable market in Eastern Asia. 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 2025.


Country coverage:
• China, Hong Kong SAR
• China, Macao SAR
• Taiwan, Chinese
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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