Australia and Oceania: Wire And Cable Market 2025

Wire And Cable Market Size in Australia and Oceania

The wire and cable market in Australia and Oceania skyrocketed to $X in 2021, with an increase of 32% against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wire And Cable Production in Australia and Oceania

In value terms, wire and cable production shrank to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 35%. As a result, production reached the peak level of $X, and then contracted in the following year.

Wire And Cable Exports

Exports in Australia and Oceania

For the fourth year in a row, Australia and Oceania recorded decline in shipments abroad of insulated wire and cable, which decreased by -29.9% to X tons in 2021. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 29% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, wire and cable exports expanded remarkably to $X in 2021. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 when exports increased by 15%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, recording X tons, which was approx. 92% of total exports in 2021. It was distantly followed by New Zealand (X tons), achieving a 7% share of total exports.

Australia was also the fastest-growing in terms of the insulated wire and cable exports, with a CAGR of -3.3% from 2012 to 2021. New Zealand (-26.0%) illustrated a downward trend over the same period. While the share of Australia (+38 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-38.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest wire and cable supplier in Australia and Oceania, comprising 89% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total exports.

In Australia, wire and cable exports shrank by an average annual rate of -1.5% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, surging by 61% against the previous year. Overall, the export price showed a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+12.3%).

Wire And Cable Imports

Imports in Australia and Oceania

In 2021, purchases abroad of insulated wire and cable increased by 32% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, wire and cable imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) was the key importer of insulated wire and cable, constituting 76% of total imports. It was distantly followed by New Zealand (X tons), achieving a 20% share of total imports. Papua New Guinea (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of insulated wire and cable. At the same time, New Zealand (+9.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +9.6% from 2012-2021. By contrast, Papua New Guinea (-9.4%) illustrated a downward trend over the same period. While the share of New Zealand (+11 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Papua New Guinea (-2.4 p.p.) and Australia (-8.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported insulated wire and cable in Australia and Oceania, comprising 80% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 17% share of total imports.

In Australia, wire and cable imports increased at an average annual rate of +2.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+8.3% per year) and Papua New Guinea (-7.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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