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World - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends and Insights

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Global Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size

The global aluminium alloy wire market dropped modestly to $X in 2022, approximately mirroring the previous year. In general, consumption recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Aluminium Alloy Wire Production

In value terms, aluminium alloy wire production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production showed a slight decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, global production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Aluminium Alloy Wire Exports

Exports

Global aluminium alloy wire exports reduced to X tons in 2022, waning by X% against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then reduced modestly in the following year.

In value terms, aluminium alloy wire exports expanded notably 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Canada (X tons), followed by China (X tons), Bahrain (X tons), Spain (X tons), Malaysia (X tons), France (X tons) and Austria (X tons) represented the key exporters of aluminium alloy wire, together mixing up X% of total exports. The following exporters - the United States (X tons), Egypt (X tons), the Netherlands (X tons), Japan (X tons), India (X tons) and Hungary (X tons) - together made up X% of total exports.

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

In value terms, the largest aluminium alloy wire supplying countries worldwide were Canada ($X), China ($X) and Spain ($X), together comprising X% of global exports. France, the United States, Malaysia, Bahrain, the Netherlands, Egypt, Japan, Hungary, India and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Austria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium alloy wire export price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

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

Aluminium Alloy Wire Imports

Imports

After two years of growth, supplies from abroad of aluminium alloy wire decreased by X% to X tons in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy wire imports surged to $X in 2022. The total import 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% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons), distantly followed by France (X tons), Cambodia (X tons) and Germany (X tons) represented the largest importers of aluminium alloy wire, together committing X% of total imports. The following importers - Tanzania (X tons), Finland (X tons), Malaysia (X tons), Italy (X tons), China (X tons), Turkey (X tons), Brazil (X tons), Japan (X tons) and Spain (X tons) - together made up X% of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of aluminium alloy wire. At the same time, Cambodia (X%), Finland (X%), Tanzania (X%), Japan (X%), France (X%), China (X%), Turkey (X%), Malaysia (X%) and Spain (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%), Germany (X%) and Italy (X%) illustrated a downward trend over the same period. Cambodia (X p.p.), France (X p.p.), Tanzania (X p.p.), Finland (X p.p.), Japan (X p.p.), the United States (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the global imports, while Brazil, Italy and Germany saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported aluminium alloy wire worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with an X% share of global imports. It was followed by China, with a X% share.

In the United States, aluminium alloy wire imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average aluminium alloy wire import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, 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 destination: amid the top importers, the country with the highest price was France ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of aluminium alloy wire consumption, comprising approx. 27% of total volume. Moreover, aluminium alloy wire consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was held by the United States, with an 11% share.
The country with the largest volume of aluminium alloy wire production was China, comprising approx. 28% of total volume. Moreover, aluminium alloy wire production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was held by the United States, with an 8.2% share.
In value terms, Canada, China and Spain were the countries with the highest levels of exports in 2022, with a combined 36% share of global exports. France, the United States, Malaysia, Bahrain, the Netherlands, Egypt, Japan, Hungary, India and Austria lagged somewhat behind, together comprising a further 39%.
In value terms, the United States constitutes the largest market for imported aluminium alloy wire worldwide, comprising 19% of global imports. The second position in the ranking was taken by France, with an 8.6% share of global imports. It was followed by China, with a 4.3% share.
The average aluminium alloy wire export price stood at $4,067 per ton in 2022, surging by 11% against the previous year.
In 2022, the average aluminium alloy wire import price amounted to $4,276 per ton, rising by 18% against the previous year.

This report provides an in-depth analysis of the global aluminium alloy wire market. 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 2030.

Product coverage:

  • Prodcom 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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