South-Eastern Asia: Wire And Cable Market 2025

Wire And Cable Market Size in South-Eastern Asia

The Southeast Asian wire and cable market rose notably to $X in 2021, with an increase of 7.1% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Wire And Cable Production in South-Eastern Asia

In value terms, wire and cable production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 33%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Wire And Cable Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of insulated wire and cable increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 38% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wire and cable exports skyrocketed to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.6% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Vietnam (X tons), distantly followed by the Philippines (X tons), Thailand (X tons), Indonesia (X tons), Malaysia (X tons), Singapore (X tons) and Cambodia (X tons) were the largest exporters of insulated wire and cable, together mixing up 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Cambodia (with a CAGR of +42.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest wire and cable supplier in South-Eastern Asia, comprising 42% of total exports. The second position in the ranking was taken by the Philippines ($X), with an 18% share of total exports. It was followed by Thailand, with a 12% share.

In Vietnam, wire and cable exports increased at an average annual rate of +12.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Philippines (+6.4% per year) and Thailand (+6.3% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, increasing by 7.3% against the previous year. Export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wire and cable export price increased by +79.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 70%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.6%), while the other leaders experienced more modest paces of growth.

Wire And Cable Imports

Imports in South-Eastern Asia

Wire and cable imports totaled X tons in 2021, increasing by 10% compared with the previous year's figure. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.0% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 14%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, wire and cable imports surged to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.2% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of insulated wire and cable, namely Thailand, Vietnam and Singapore, represented more than half of total import. The Philippines (X tons) ranks next in terms of the total imports with an 11% share, followed by Malaysia (10%) and Indonesia (9.8%). Cambodia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Cambodia (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) were the countries with the highest levels of imports in 2021, together comprising 63% of total imports. Malaysia, the Philippines, Indonesia and Cambodia lagged somewhat behind, together comprising a further 36%.

Cambodia, with a CAGR of +21.1%, saw the highest growth rate of the value of imports, among the main importing countries 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 South-Eastern Asia stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :