U.S. Aluminum Insulated Wire And Cable Market. Analysis And Forecast to 2030
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View PricingAluminum Insulated Wire Prices in the United States
U.S. Aluminum Insulated Wire Import Price in September 2022
In September 2022, the aluminum insulated wire price amounted to $4,941 per ton (CIF, US), remaining relatively unchanged against the previous month. Over the period under review, the import price, however, continues to indicate a modest increase. The pace of growth was the most pronounced in June 2022 when the average import price increased by 13% month-to-month. As a result, import price reached the peak level of $5,801 per ton. From July 2022 to September 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($8,510 per ton), while the price for Brazil ($2,886 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Aluminum Insulated Wire Imports
In September 2022, supplies from abroad of aluminum insulated wire and cable increased by 20% to 14K tons, rising for the third month in a row after two months of decline. Over the period under review, total imports indicated a buoyant expansion from January 2022 to September 2022: its volume increased at an average monthly rate of +5.2% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +57.6% against June 2022 indices. The most prominent rate of growth was recorded in April 2022 with an increase of 30% m-o-m. Imports peaked in September 2022.
In value terms, aluminum insulated wire imports surged to $70M (IndexBox estimates) in September 2022. In general, total imports indicated a remarkable increase from January 2022 to September 2022: its value increased at an average monthly rate of +6.3% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +38.3% against July 2022 indices. The pace of growth was the most pronounced in March 2022 with an increase of 26% against the previous month. Imports peaked in September 2022.
U.S. Aluminum Insulated Wire Imports by Country
India (4.5K tons), Mexico (3.5K tons) and Bahrain (1.9K tons) were the main suppliers of aluminum insulated wire imports to the United States, with a combined 69% share of total imports. Turkey, Brazil, Canada and China lagged somewhat behind, together accounting for a further 20%.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +106.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest aluminum insulated wire suppliers to the United States were India ($18M), Mexico ($17M) and Bahrain ($8.6M), with a combined 62% share of total imports. These countries were followed by Canada, Turkey, China and Brazil, which together accounted for a further 19%.
Brazil, with a CAGR of +74.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the aluminum insulated wire market in the U.S.. 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:
- NAICS 331318 - Other aluminum rolling, drawing, and extruding
Companies mentioned:
- Novelis Inc.
- Aleris International
- Logan Aluminum Inc.
- Alexandria Extrusion Company
- Trulite Glass & Aluminum Solutions
- Sapa Profiles
- Brazeway
- The William L Bonnell Company
- 80/20 Inc
- Keymark Corporation
- Arcadia
- SRS Industries
- Astro Shapes
- Wing Enterprises
- Sapa North America
- Aacoa Extrusions
- The Loxcreen Company
- Metals USA Building Products
- Shapes/Arch Holdings
- Century Aluminum of Kentucky
- Sapa Extrusions North America
- Franklin Aluminum Company
- Lapp Holding NA
- The Future Foundation
- Bon L Manufacturing Company
- Aleris Recycling Bens Run
- Aleris Holding Company
- The William L Bonnell Company
- Real Alloy Specialty Products
- Amh Holdings
- Amh Holdings II Inc
- Sapa Extruder
- Sapa Extrusions
- Aleris Corporation
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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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.
244
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.
234
In February 2023, the aluminum insulated wire price was around $4,435/ton (CIF, US), an amount similar to the previous month.
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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.
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The value of imports for Iron And Steel Pipe significantly decreased to $1.5M in August 2023.
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In February of 2023, the price of iron and steel pipes per ton (CIF, US) was $2,940, a decrease of -5.5% compared to the previous month.
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Imports of Secondary Aluminum decreased to $134M in August 2023.
