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The European wire and cable market

Published: - 03/07/2017 Author: Di Maggio, EIC
The European wire and cable market

At the Europacable General Assembly 2017 in Brussels, Belgium, Integer Wire & Cable Director Philip Radbourne gave the closing presentation, discussing the current state of the European wire and cable market and the impact of of Brexit.

The global wire & cable demand in 2017 is expected to grow significantly, driven by an improved demand for low voltage energy cables (less than 1kV). The production is expected to increase again, after a slight y-o-y reduction in 2016 – the first dip in global volumes since 2009.

As regards the global geographical distribution, China is dominant with more than 8000 wire & cable manufacturing plants. Between 2003 and 2010 more than 30 new factories were built every month in the country. At the second place in this ranking there's India, where Integer mapped 1000 cablemakers, 600 just small scale – but some adding capacity. Far below the two Asian giants, there are USA, Japan, Taiwan, South Korea. The leading global wire and cable makers in 2016 were Prysmian, heading towards 8000 US$ million, and Nexans (just below 7000 US$ million). Southwire and SEI at the 3rd and 4th place showed analogous values, above 4000 US$ million.

Europe has a complex footprint in the cable sector. In 2015, Italy topped the list of countries with more cable plants, closely followed by Germany. The ranking of the production by country saw the two countries with inverted positions.

More information on the full presentation. Check out this link >



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