Macedonia: Wire And Cable Market 2020

Wire And Cable Market Size in Macedonia

The revenue of the wire and cable market in Macedonia amounted to $X in 2018, growing by X% against the previous year. In general, wire and cable consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the wire and cable market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Wire And Cable Production in Macedonia

In value terms, wire and cable production totaled $X in 2018 estimated in export prices. In general, wire and cable production continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, wire and cable production reached its peak level of $X. From 2017 to 2018, wire and cable production growth failed to regain its momentum.

Wire And Cable Exports

Exports from Macedonia

In 2018, the wire and cable exports from Macedonia amounted to X tons, picking up by X% against the previous year. In general, wire and cable exports continue to indicate a prominent increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Macedonia exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, wire and cable exports totaled $X in 2018. Over the period under review, wire and cable exports continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Macedonia exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

China represented the largest exporter of insulated wire and cable exported in the world, with the volume of exports amounting to X tons, which was near X% of total exports in 2018. Mexico (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%) and the U.S. (X%). Italy (X tons), Turkey (X tons), Romania (X tons), South Korea (X tons), the Czech Republic (X tons), Spain (X tons), Poland (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Romania (+X%), Turkey (+X%), the Czech Republic (+X%), Spain (+X%), Mexico (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. Germany, Italy and the U.S. experienced a relatively flat trend pattern. By contrast, Poland (-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 Macedonia were China ($X), Mexico ($X) and Germany ($X), together accounting for X% of total exports. The U.S., Romania, Vietnam, Italy, the Czech Republic, South Korea, Poland, Spain, Turkey and Macedonia lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to market size, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The wire and cable export price in Macedonia stood at $X per ton in 2018, growing by X% against the previous year. Overall, the wire and cable export price continues to indicate remarkable growth. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. Macedonia export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

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

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

Wire And Cable Imports

Imports into Macedonia

Wire and cable imports into Macedonia amounted to X tons in 2018, growing by X% against the previous year. In general, wire and cable imports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, wire and cable imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, wire and cable imports totaled $X in 2018. Over the period under review, wire and cable imports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Macedonia imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons), followed by Germany (X tons), Mexico (X tons) and the UK (X tons) represented the major importers of insulated wire and cable, together mixing up X% of total imports. Japan (X tons), France (X tons), China, Hong Kong SAR (X tons), China (X tons), Canada (X tons), the Czech Republic (X tons), Spain (X tons) and Romania (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 Macedonia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable importing markets into Macedonia were the U.S. ($X), Germany ($X) and Japan ($X), together comprising X% of total imports. Mexico, the UK, France, China, China, Hong Kong SAR, Canada, Spain, the Czech Republic, Romania and Macedonia lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to market size, in terms of the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wire and cable import price in Macedonia amounted to $X per ton, going up by X% against the previous year. Overall, the import price indicated a pronounced increase 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. Based on 2018 figures, wire and cable import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for insulated wire and cable reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Mexico ($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