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France - Iron Or Steel Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrance Sees Significant Drop in Steel Stranded Wire Imports, Falling to $168M in 2023
France Steel Stranded Wire Imports
In 2023, approx. 64K tons of iron or steel stranded wire, ropes and cables were imported into France; reducing by -22.1% against the previous year's figure. Overall, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 19%. Imports peaked at 84K tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, steel stranded wire imports contracted significantly to $168M (IndexBox estimates) in 2023. Over the period under review, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Imports peaked at $217M in 2022, and then plummeted in the following year.
COUNTRY | Import Value of Steel Stranded Wire in France (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Spain | 20.7 | 23.0 | 21.8 | 23.9 | 27.6 | 33.0 | 29.1 | 18.3 | 20.4 | 33.5 | 26.3 |
Italy | 55.1 | 39.5 | 15.0 | 13.4 | 12.7 | 21.0 | 17.7 | 14.2 | 22.4 | 29.5 | 21.5 |
Germany | 17.2 | 17.1 | 12.4 | 13.6 | 12.8 | 14.1 | 15.4 | 14.3 | 18.1 | 19.4 | 20.4 |
China | 13.0 | 14.6 | 12.2 | 14.6 | 14.3 | 15.8 | 16.5 | 10.5 | 14.0 | 15.9 | 13.5 |
Thailand | 8.2 | 7.2 | 10.1 | 10.1 | 11.4 | 12.8 | 10.9 | 10.6 | 11.6 | 13.1 | 11.9 |
Portugal | 4.8 | 6.2 | 3.8 | 6.9 | 10.3 | 17.8 | 9.9 | 4.8 | 7.4 | 11.6 | 8.8 |
Belgium | 5.4 | 5.9 | 3.7 | 2.7 | 3.2 | 4.2 | 4.0 | 5.9 | 8.7 | 11.3 | 8.5 |
Romania | 17.6 | 15.1 | 13.4 | 18.2 | 18.7 | 17.8 | 13.3 | 11.3 | 13.8 | 9.2 | 3.4 |
Others | 63.2 | 58.2 | 49.3 | 42.1 | 42.1 | 52.5 | 47.4 | 39.7 | 61.2 | 74.0 | 53.8 |
Total | 205 | 187 | 142 | 146 | 153 | 189 | 164 | 130 | 178 | 217 | 168 |
Imports by Country
Spain (14K tons), Italy (9.8K tons) and Thailand (7.8K tons) were the main suppliers of steel stranded wire imports to France, together comprising 50% of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +9.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest steel stranded wire suppliers to France were Spain ($26M), Italy ($21M) and Germany ($20M), together comprising 41% of total imports. China, Thailand, Portugal, Belgium and Romania lagged somewhat behind, together comprising a further 27%.
Portugal, with a CAGR of +6.2%, recorded the highest growth rate of 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 2023, the steel stranded wire price amounted to $2,635 per ton (CIF, France), approximately mirroring the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. The import price peaked at $2,656 per ton in 2022, and then reduced modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($6,370 per ton), while the price for Hungary ($1,328 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the steel stranded wire market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023