Germany: Stranded Wire Market 2025

Stranded Wire Market Size in Germany

In 2021, after two years of decline, there was significant growth in the German stranded wire market, when its value increased by 46% to $X. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Stranded Wire Production in Germany

In value terms, stranded wire production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. Stranded wire production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Stranded Wire Exports

Exports from Germany

In 2021, after two years of decline, there was significant growth in overseas shipments of stranded wire, ropes and cables, when their volume increased by 5.3% to X tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, stranded wire exports skyrocketed to $X in 2021. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of stranded wire exports from Germany, with a combined 25% share of total exports. These countries were followed by Austria, France, the United States, Switzerland, the Czech Republic, Italy, Denmark, Sweden, Finland and the UK, which together accounted for a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +4.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stranded wire exported from Germany were Switzerland ($X), France ($X) and China ($X), together comprising 24% of total exports. Austria, the Netherlands, Poland, the United States, the Czech Republic, Sweden, Finland, Italy, the UK and Denmark lagged somewhat behind, together comprising a further 48%.

Poland, with a CAGR of +10.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average stranded wire export price amounted to $X per ton, with an increase of 21% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Stranded Wire Imports

Imports into Germany

In 2021, overseas purchases of stranded wire, ropes and cables increased by 12% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 16%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, stranded wire imports surged to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Romania (X tons) and Belgium (X tons) were the main suppliers of stranded wire imports to Germany, with a combined 33% share of total imports. These countries were followed by Luxembourg, Hungary, Italy, Poland, Belarus, China, Turkey, Spain, Austria and India, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +50.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stranded wire suppliers to Germany were Poland ($X), Turkey ($X) and Belgium ($X), together comprising 29% of total imports. These countries were followed by the Netherlands, Hungary, Romania, China, Austria, Luxembourg, Italy, Belarus, Spain and India, which together accounted for a further 47%.

India, with a CAGR of +24.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average stranded wire import price amounted to $X per ton, surging by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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