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India - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 22, 2023

India's Wire and Cable Prices Spike 13% to $15.0 per kg

India Wire And Cable Export Price in November 2022

In November 2022, the wire and cable price amounted to $14,976 per ton (FOB, India), increasing by 13% against the previous month. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In November 2022, the country with the highest price was the UK ($15,799 per ton), while the average price for exports to Tanzania ($10,490 per ton) was amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Nov 2021	Dec 2021	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022
COUNTRY	Export Price of Wire And Cable in India (USD per ton)
United Kingdom	18,195	17,234	16,141	16,482	19,513	14,300	15,402	14,746	13,753	15,877	15,839	14,329	15,799
Oman	14,265	13,099	27,235	12,336	12,986	13,388	11,457	15,113	14,903	11,866	12,787	11,158	15,477
Spain	10,798	13,355	23,146	14,281	13,429	14,848	12,794	12,686	13,586	13,822	11,567	13,126	15,453
Nigeria	10,689	10,666	11,074	12,327	11,368	10,761	10,857	12,840	12,955	12,750	12,267	11,046	13,897
United Arab Emirates	12,488	12,022	13,099	13,627	11,986	12,330	11,149	12,177	11,748	12,637	13,188	12,777	13,795
United States	15,446	12,553	13,312	14,498	12,988	12,678	11,893	12,644	12,457	12,912	12,940	13,191	13,642
Saudi Arabia	12,134	11,813	13,159	13,151	12,561	11,440	11,691	11,110	11,737	11,636	11,798	11,055	12,252
Kuwait	10,349	11,153	11,150	11,658	11,086	11,117	11,238	11,429	14,010	11,167	11,304	11,242	11,409
Australia	10,788	10,659	10,770	12,057	10,617	10,868	10,853	10,415	10,546	10,723	11,513	10,875	11,149
Peru	33,812	13,530	24,907	13,602	86,058	14,231	26,181	10,101	40,665	40,677	40,712	17,759	10,808
Tanzania	10,817	10,156	9,766	10,546	10,188	9,712	10,325	9,906	10,197	9,804	10,083	9,926	10,490
Average	14,276	13,664	14,406	14,765	13,833	13,255	12,771	13,301	13,141	13,666	13,909	13,234	14,976

India Wire And Cable Exports

For the fourth consecutive month, India recorded decline in overseas shipments of insulated wire and cable, which decreased by -9.8% to 8.7K tons in November 2022. The total export volume increased at an average monthly rate of +1.6% over the period from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in December 2021 when exports increased by 41% month-to-month.

In value terms, wire and cable exports reached $130M (IndexBox estimates) in November 2022. The total export value increased at an average monthly rate of +2.1% from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in December 2021 when exports increased by 35% against the previous month.

India Wire And Cable Exports by Country

The United States (2.2K tons) was the main destination for wire and cable exports from India, with a 26% share of total exports. Moreover, wire and cable exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (884 tons), threefold. The third position in this ranking was taken by the UK (567 tons), with a 6.6% share.

From November 2021 to November 2022, the average monthly growth rate of volume to the United States stood at +5.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+1.5% per month) and the UK (+3.2% per month).

In value terms, the United States ($30M) remains the key foreign market for wire and cable exports from India, comprising 23% of total exports. The second position in the ranking was taken by the United Arab Emirates ($12M), with a 9.4% share of total exports. It was followed by the UK, with a 6.9% share.

From November 2021 to November 2022, the average monthly rate of growth in terms of value to the United States amounted to +4.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+2.3% per month) and the UK (+2.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wire and cable market in India. 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 27321130 -
Prodcom 27321150 -
Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

India - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights

India's Wire and Cable Prices Spike 13% to $15.0 per kg

India Wire And Cable Export Price in November 2022

India Wire And Cable Exports

India Wire And Cable Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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