Eastern Asia: Aluminium Stranded Wire Market 2020

Aluminium Stranded Wire Market Size in Eastern Asia

The revenue of the aluminium stranded wire market in Eastern Asia amounted to $X in 2017, flattening at the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. In that year, the aluminium stranded wire market reached their peak level of $X. From 2012 to 2017, growth of the aluminium stranded wire market stood at a somewhat lower level.

Aluminium Stranded Wire Production in Eastern Asia

The aluminium stranded wire production amounted to X tons in 2017, jumping by X% against the previous year. The aluminium stranded wire production continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the aluminium stranded wire production attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Aluminium Stranded Wire Exports in Eastern Asia

The exports stood at X tons in 2017, surging by X% against the previous year. The aluminium stranded wire exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, aluminium stranded wire exports totaled $X in 2017. The aluminium stranded wire exports continue to indicate a strong expansion. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Aluminium Stranded Wire Exports by Country in Eastern Asia

China prevails in aluminium stranded wire exports structure, amounting to X tons, which was approx. X% of total exports in 2017. South Korea (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. While the share of South Korea (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium stranded wire supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports.

In China, aluminium stranded wire exports increased at an average annual rate of +X% over the period from 2007-2017.

Aluminium Stranded Wire Export Prices by Country in Eastern Asia

In 2017, the aluminium stranded wire export price in Eastern Asia amounted to $X per ton, lowering by -X% against the previous year. The aluminium stranded wire export price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2011, when the export prices increased by X% against the previous year. In that year, the export prices for aluminium stranded wire, cables and plaited bands reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for aluminium stranded wire, cables and plaited bands stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (-X% per year).

Aluminium Stranded Wire Imports in Eastern Asia

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were imported in Eastern Asia; surging by X% against the previous year. The aluminium stranded wire imports continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. Over the period under review, the aluminium stranded wire imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, aluminium stranded wire imports stood at $X in 2017. The aluminium stranded wire imports continue to indicate a deep decline. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Aluminium Stranded Wire Imports by Country in Eastern Asia

South Korea was the major importing country with an import of about X tons, which reached X% of total imports. China (X tons) ranks second in terms of the global imports with a X% share, followed by China, Hong Kong SAR (X%). The following importers - Taiwan, Chinese (X tons) and Japan (X tons) together made up X% of total imports.

South Korea was also the fastest growing in terms of the aluminium stranded wire, cables and plaited bands imports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) displayed positive paces of growth. By contrast, China, Hong Kong SAR (-X%), Japan (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Japan and China, Hong Kong SAR increased by X%, X% and X% percentage points, while South Korea (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported aluminium stranded wire, cables and plaited bands in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Korea was relatively modest. In the other countries, the average annual rates were as follows: China (-X% per year) and China, Hong Kong SAR (-X% per year).

Aluminium Stranded Wire Import Prices by Country in Eastern Asia

The aluminium stranded wire import price in Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. The aluminium stranded wire import price continues to indicate a temperate curtailment. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform