U.S. - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWiring sets used in vehicles, aircraft or ships Prices in the United States
U.S. Wiring sets used in vehicles, aircraft or ships Import Price per Ton in July 2022
In July 2022, the wiring sets used in vehicles, aircraft or ships price per ton stood at $11.1K (CIF, US), rising by 24% against the previous month. In general, the import price, however, showed a slight contraction. The import price peaked at $12.9K per ton in February 2022; however, from March 2022 to July 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Nicaragua ($34.0K per ton), while the price for South Korea ($379.0 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Honduras (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Wiring sets used in vehicles, aircraft or ships Imports
In August 2022, approximately 95K tons of wiring sets used in vehicles, aircraft or ships were imported into the United States; growing by 1.8% against the previous month's figure. The total import volume increased at an average monthly rate of +3.5% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2022 when imports increased by 24% m-o-m.
In value terms, imports of wiring sets used in vehicles, aircraft or ships expanded notably to $1.2B (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +3.6% over the period from January 2022 to August 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain months. The growth pace was the most rapid in March 2022 when imports increased by 23% month-to-month. Imports peaked in August 2022.
U.S. Wiring sets used in vehicles, aircraft or ships Imports by Country
In July 2022, Mexico (47K tons) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to the United States, accounting for a 50% share of total imports. Moreover, imports of wiring sets used in vehicles, aircraft or ships from Mexico exceeded the figures recorded by the second-largest supplier, South Korea (17K tons), threefold. Honduras (12K tons) ranked third in terms of total imports with a 13% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: South Korea (+30.9% per month) and Honduras (+3.1% per month).
In value terms, Mexico ($727M) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to the United States, comprising 70% of total imports. The second position in the ranking was held by Honduras ($72M), with a 6.9% share of total imports. It was followed by Nicaragua, with a 5.5% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from Mexico amounted to +1.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Honduras (+8.5% per month) and Nicaragua (+4.8% per month).
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships 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:
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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In July 2022, the wire and cable price per ton stood at $4,989, rising by 4.7% against the previous month.
The U.S., being the leading importer in the global electric cable market, sharply increased imports last year. In January-October 2021, American cable purchases rose by 43% to 920M tons or by 28% to $19B in value terms compared to the same period of 2020.
Electric wires and cables may hit a record demand amid the infrastructure development for electric vehicles in the U.S., for which the Biden administration's infrastructure bill will allocate $174B. The active deployment of 5G networks and the expansion in the construction sector due to the rush demand for dwellings will also continue driving the market in the medium term.
In July 2022, the winding wire price per ton stood at $12,107, approximately reflecting the previous month.
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