France: Wire And Cable Market 2024

Wire And Cable Market Size in France

The French wire and cable market fell dramatically to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wire and cable consumption peaked at $X in 2021, and then dropped remarkably in the following year.

Wire And Cable Production in France

In value terms, wire and cable production rose sharply to $X in 2022 estimated in export price. In general, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Wire and cable production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Wire And Cable Exports

Exports from France

In 2022, the amount of insulated wire and cable exported from France expanded sharply to X tons, with an increase of X% on the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wire and cable exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for wire and cable exports from France, accounting for a X% share of total exports. Moreover, wire and cable exports to Germany exceeded the volume sent to the second major destination, Spain (X tons), threefold. Belgium (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: Spain (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) remains the key foreign market for insulated wire and cable exports from France, comprising X% of total exports. The second position in the ranking was taken by Spain ($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 amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average wire and cable export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Norway ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into France

In 2022, imports of insulated wire and cable into France rose slightly to X tons, with an increase of X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, wire and cable imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Spain (X tons), Italy (X tons) and Tunisia (X tons) were the main suppliers of wire and cable imports to France, with a combined X% share of total imports. Germany, China, Morocco, Belgium, Portugal, Turkey, the Netherlands, Austria, the Czech Republic and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable suppliers to France were Spain ($X), Tunisia ($X) and Morocco ($X), with a combined X% share of total imports. Italy, Germany, China, Belgium, Romania, the Netherlands, Portugal, Turkey, the Czech Republic and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wire and cable import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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