Malta: Wire And Cable Market 2020

Wire And Cable Market Size in Malta

The revenue of the wire and cable market in Malta amounted to $X in 2018, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wire and cable consumption, however, continues to indicate slight growth. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the wire and cable market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Wire And Cable Exports

Exports from Malta

In 2018, the exports of insulated wire and cable from Malta amounted to X tons, coming down by -X% against the previous year. Overall, wire and cable exports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Malta exports peaked at X tons in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, wire and cable exports amounted to $X in 2018. Over the period under review, wire and cable exports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. In that year, wire and cable exports reached their peak of $X. From 2011 to 2018, the growth of wire and cable exports remained at a lower figure.

Exports by Country

China represented the major exporter of insulated wire and cable in the world, with the volume of exports accounting for X tons, which was near X% of total exports in 2018. It was distantly followed by Mexico (X tons), Germany (X tons) and the U.S. (X tons), together achieving an X% share of total exports. Italy (X tons), Turkey (X tons), Romania (X tons), the Czech Republic (X tons), Spain (X tons), South Korea (X tons), Poland (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to wire and cable exports from China stood at +X%. At the same time, Romania (+X%), Turkey (+X%), the Czech Republic (+X%), Spain (+X%), Mexico (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy, Germany and the U.S. experienced a relatively flat trend pattern. By contrast, Poland (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Romania (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wire and cable markets from Malta were China ($X), Mexico ($X) and Germany ($X), with a combined X% share of total exports.

China recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wire and cable export price in Malta stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the wire and cable export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, the export prices for insulated wire and cable reached their maximum in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Wire And Cable Imports

Imports into Malta

In 2018, the wire and cable imports into Malta stood at X tons, coming down by -X% against the previous year. In general, wire and cable imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. In that year, wire and cable imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, wire and cable imports totaled $X in 2018. In general, the total imports indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wire and cable imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, wire and cable imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. (X tons) and Germany (X tons) were the major importers of insulated wire and cable in 2018, amounting to near X% and X% of total imports, respectively. Mexico (X tons) ranks next in terms of the total imports with a X% share, followed by the UK (X%). France (X tons), Japan (X tons), China, Hong Kong SAR (X tons), China (X tons), the Czech Republic (X tons), Canada (X tons), Taiwan, Chinese (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable importing markets into Malta were the U.S. ($X), Germany ($X) and Japan ($X), together accounting for X% of total imports. These countries were followed by Mexico, the UK, France, China, China, Hong Kong SAR, Canada, Spain, the Czech Republic, Taiwan, Chinese and Malta, which together accounted for a further X terms of the main importing countries, the Czech Republic recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wire and cable import price in Malta amounted to $X per ton, jumping by X% against the previous year. In general, the import price indicated a slight expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for insulated wire and cable attained their maximum at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform