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Imports of Aluminum Insulated Wire peaked at 795K tons in 2022 before declining in the subsequent year. In terms of value, imports decreased to $3.3B in 2023.
The growth of Aluminum Insulated Wire imports from April 2023 to December 2023 remained low, with imports falling to $230M in December 2023.
During the period from April 2023 to November 2023, the growth of imports for Aluminum Insulated Wire could not regain momentum. In terms of value, imports of aluminum insulated wire fell modestly to $255M in November 2023.
The price of Aluminum Insulated Wire in June 2023 was $4,436 per ton (CIF, US), showing a decrease of -2.4% compared to the previous month.
In February 2023, the aluminum insulated wire price was around $4,435/ton (CIF, US), an amount similar to the previous month.
In October 2022, the aluminum insulated wire price amounted to $8,030 per ton (FOB, US), with an increase of 6.3% against the previous month.