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India - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

India - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights

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Apr 22, 2023

India's Wire and Cable Prices Spike 13% to $15.0 per kg

India Wire And Cable Export Price in November 2022

In November 2022, the wire and cable price amounted to $14,976 per ton (FOB, India), increasing by 13% against the previous month. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In November 2022, the country with the highest price was the UK ($15,799 per ton), while the average price for exports to Tanzania ($10,490 per ton) was amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYNov 2021Dec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022
Export Price of Wire And Cable in India (USD per ton)
United Kingdom18,19517,23416,14116,48219,51314,30015,40214,74613,75315,87715,83914,32915,799
Oman14,26513,09927,23512,33612,98613,38811,45715,11314,90311,86612,78711,15815,477
Spain10,79813,35523,14614,28113,42914,84812,79412,68613,58613,82211,56713,12615,453
Nigeria10,68910,66611,07412,32711,36810,76110,85712,84012,95512,75012,26711,04613,897
United Arab Emirates12,48812,02213,09913,62711,98612,33011,14912,17711,74812,63713,18812,77713,795
United States15,44612,55313,31214,49812,98812,67811,89312,64412,45712,91212,94013,19113,642
Saudi Arabia12,13411,81313,15913,15112,56111,44011,69111,11011,73711,63611,79811,05512,252
Kuwait10,34911,15311,15011,65811,08611,11711,23811,42914,01011,16711,30411,24211,409
Australia10,78810,65910,77012,05710,61710,86810,85310,41510,54610,72311,51310,87511,149
Peru33,81213,53024,90713,60286,05814,23126,18110,10140,66540,67740,71217,75910,808
Tanzania10,81710,1569,76610,54610,1889,71210,3259,90610,1979,80410,0839,92610,490
Average14,27613,66414,40614,76513,83313,25512,77113,30113,14113,66613,90913,23414,976

India Wire And Cable Exports

For the fourth consecutive month, India recorded decline in overseas shipments of insulated wire and cable, which decreased by -9.8% to 8.7K tons in November 2022. The total export volume increased at an average monthly rate of +1.6% over the period from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in December 2021 when exports increased by 41% month-to-month.

In value terms, wire and cable exports reached $130M (IndexBox estimates) in November 2022. The total export value increased at an average monthly rate of +2.1% from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in December 2021 when exports increased by 35% against the previous month.

India Wire And Cable Exports by Country

The United States (2.2K tons) was the main destination for wire and cable exports from India, with a 26% share of total exports. Moreover, wire and cable exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (884 tons), threefold. The third position in this ranking was taken by the UK (567 tons), with a 6.6% share.

From November 2021 to November 2022, the average monthly growth rate of volume to the United States stood at +5.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+1.5% per month) and the UK (+3.2% per month).

In value terms, the United States ($30M) remains the key foreign market for wire and cable exports from India, comprising 23% of total exports. The second position in the ranking was taken by the United Arab Emirates ($12M), with a 9.4% share of total exports. It was followed by the UK, with a 6.9% share.

From November 2021 to November 2022, the average monthly rate of growth in terms of value to the United States amounted to +4.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+2.3% per month) and the UK (+2.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wire and cable market in India. 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 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

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

  9. 9. EXPORTS

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

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

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