MENA: Wire And Cable Market 2025

Wire And Cable Market Size in MENA

The MENA's wire and cable market rose significantly to $X in 2021, with an increase of 13% against the previous year. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.1% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wire And Cable Production in MENA

In value terms, wire and cable production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by 60% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wire And Cable Exports

Exports in MENA

After two years of decline, shipments abroad of insulated wire and cable increased by 21% to X tons in 2021. The total export volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, wire and cable exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the major exporting country with an export of about X tons, which amounted to 40% of total exports. Tunisia (X tons) ranks second in terms of the total exports with a 21% share, followed by Morocco (16%), Saudi Arabia (8.2%), the United Arab Emirates (5.1%) and Oman (4.7%). Egypt (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Morocco (with a CAGR of +16.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Morocco ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 83% of total exports.

In terms of the main exporting countries, Morocco, with a CAGR of +14.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, surging by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+7.5%), while the other leaders experienced more modest paces of growth.

Wire And Cable Imports

Imports in MENA

For the fifth consecutive year, MENA recorded decline in overseas purchases of insulated wire and cable, which decreased by -3.2% to X tons in 2021. In general, imports saw a slight setback. The pace of growth appeared the most rapid in 2013 with an increase of 18% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, wire and cable imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons), distantly followed by Iraq (X tons), Turkey (X tons), Morocco (X tons), Saudi Arabia (X tons), Israel (X tons) and Kuwait (X tons) were the key importers of insulated wire and cable, together committing 71% of total imports. Bahrain (X tons), Libya (X tons), Qatar (X tons), Tunisia (X tons), Oman (X tons) and Egypt (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of +13.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Morocco ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2021, with a combined 49% share of total imports.

Among the main importing countries, Morocco, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, rising by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform