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From 2016 to 2023, the growth of imports for Wire And Cable failed to regain momentum, reaching a value of $539M in 2023.
The most notable growth rate was in March 2023, with wire and cable exports increasing by 32% month-to-month. The value of wire and cable exports reached $216M in November 2023.
Wire And Cable exports surged by 32% in March 2023, reaching a total value of $216M in November 2023.
Wire And Cable imports in November 2023 decreased to $760M, while the most rapid growth pace was observed in March 2023 with a 21% increase compared to the previous month.
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
The rate of expansion was most notable in February 2023 with a 57% month-to-month increase in imports. In terms of value, Wire And Cable imports experienced a significant decline to $382M in July 2023.
In July 2023, the Wire And Cable price reached $18,243 per ton (CIF, Brazil), experiencing a 4.3% increase compared to the previous month.
In May 2023, the Wire And Cable price was $13,255 per ton (FOB, Poland), showing a 2.8% decrease compared to the previous month.
In May 2023, the price of Wire And Cable was $35,421 per ton (FOB, Hong Kong), showing a decrease of -10.3% compared to the previous month.
In January 2023, the wire and cable price stood at $6,991 per ton (FOB, Turkey), surging by 5.3% against the previous month.
In value terms, wire and cable exports surged to $2.5B in March 2023.
In November 2022, the price of wire and cable was $14,976 per ton (FOB, India), showing an increase of 13% compared to the previous month.
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