Global Aluminium Stranded Wire Market 2020

Aluminium Stranded Wire Market Size

The global aluminium stranded wire market revenue amounted to $X in 2017, increasing by X% against the previous year. In general, aluminium stranded wire consumption continues to indicate a deep drop. The growth pace was the most rapid in 2011, when market value increased by X% year-to-year. Over the period under review, the global aluminium stranded wire market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Aluminium Stranded Wire Production

Global aluminium stranded wire production totaled X tons in 2017, standing approx. at the previous year. Overall, aluminium stranded wire production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the global aluminium stranded wire production attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Aluminium Stranded Wire Exports

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were exported worldwide; declining by -X% against the previous year. In general, the total exports indicated a notable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium stranded wire exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014, when exports increased by X% against the previous year. In that year, the global aluminium stranded wire exports attained their peak volume of X tons. From 2015 to 2017, growth of the global aluminium stranded wire exports stood at a somewhat lower level.

In value terms, aluminium stranded wire exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Global exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Aluminium Stranded Wire Exports by Country

China represented the key exporter of aluminium stranded wire, cables and plaited bands in the world, with the volume of exports resulting at X tons, which was near X% of total exports in 2017. India (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Bahrain (X%). Turkey (X tons), Mexico (X tons), Belgium (X tons), Canada (X tons) and Spain (X tons) followed a long way behind the leaders.

China was also the fastest growing in terms of the aluminium stranded wire, cables and plaited bands exports, with a CAGR of +X% from 2007 to 2017. At the same time, Mexico (+X%), India (+X%), Spain (+X%) and Turkey (+X%) displayed positive paces of growth. By contrast, Bahrain (-X%), Belgium (-X%) and Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mexico (-X%), India (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium stranded wire supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Bahrain, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Bahrain (-X% per year).

Aluminium Stranded Wire Export Prices by Country

In 2017, the average aluminium stranded wire export price amounted to $X per ton, remaining stable against the previous year. Overall, aluminium stranded wire export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% year-to-year. Over the period under review, the average export prices for aluminium stranded wire, cables and plaited bands attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belgium ($X per ton) and Spain ($X per ton), while Turkey ($X per ton) and China ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other global leaders experienced a decline in the export price figures.

Aluminium Stranded Wire Imports

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were imported worldwide; surging by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Over the period under review, the global aluminium stranded wire imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, aluminium stranded wire imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. Global imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Aluminium Stranded Wire Imports by Country

In 2017, Saudi Arabia (X tons), distantly followed by the U.S. (X tons), Egypt (X tons), Indonesia (X tons) and Lao People's Democratic Republic (X tons) were the major importers of aluminium stranded wire, cables and plaited bands, together creating X% of total imports. The following importers - Myanmar (X tons), Oman (X tons), the Philippines (X tons), Ethiopia (X tons), Germany (X tons), Cambodia (X tons) and Nigeria (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to aluminium stranded wire imports into Saudi Arabia stood at +X%. At the same time, Lao People's Democratic Republic (+X%), Indonesia (+X%), Cambodia (+X%), Germany (+X%), Egypt (+X%), the Philippines (+X%), Oman (+X%), Ethiopia (+X%), Myanmar (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Nigeria (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Oman, the Philippines, Germany, Cambodia, the U.S., Egypt, Indonesia, Lao People's Democratic Republic and Saudi Arabia decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the U.S. ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of global imports. Ethiopia, Germany, Lao People's Democratic Republic, Myanmar, Oman, Nigeria, the Philippines, Cambodia and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Lao People's Democratic Republic (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Aluminium Stranded Wire Import Prices by Country

In 2017, the average aluminium stranded wire import price amounted to $X per ton, leveling off at the previous year. Overall, aluminium stranded wire import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Global import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Ethiopia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Germany (-X% per year), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform