U.S. Aluminum Insulated Wire And Cable Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAluminum Insulated Wire Price in the United States - 2023
Contents:
- Aluminum Insulated Wire Price in the United States (CIF) - 2023
- Aluminum Insulated Wire Price in the United States (FOB) - 2023
- Aluminum Insulated Wire Imports in the United States
- Aluminum Insulated Wire Exports in the United States
Aluminum Insulated Wire Price in the United States (CIF) - 2023
The average aluminum insulated wire import price stood at $4,368 per ton in August 2023, approximately mirroring the previous month. Over the period under review, the import price, however, continues to indicate a mild setback. The growth pace was the most rapid in May 2023 when the average import price increased by 4.7% month-to-month. The import price peaked at $4,905 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($10,833 per ton), while the price for India ($3,198 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminum Insulated Wire Price in the United States (FOB) - 2023
In August 2023, the average aluminum insulated wire export price amounted to $6,936 per ton, with a decrease of -5.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average export price increased by 4.7% month-to-month. The export price peaked at $7,373 per ton in July 2023, and then shrank in the following month.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was China ($13,019 per ton), while the average price for exports to Israel ($5,817 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminum Insulated Wire Imports in the United States
For the fourth consecutive year, the United States recorded growth in overseas purchases of aluminum insulated wire and cable, which increased by 10% to 793K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, aluminum insulated wire imports soared to $3.8B in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Aluminum Insulated Wire in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 642 | 714 | 1,094 | 1,359 | 28.4% |
| Mexico | 164 | 172 | 287 | 510 | 46.0% |
| India | 51.3 | 72.6 | 159 | 310 | 82.1% |
| Vietnam | 63.2 | 66.5 | 141 | 239 | 55.8% |
| Turkey | 46.0 | 59.0 | 108 | 219 | 68.2% |
| Bahrain | 173 | 125 | 165 | 164 | -1.8% |
| Indonesia | 55.2 | 43.3 | 68.5 | 94.0 | 19.4% |
| Ecuador | 28.0 | 37.2 | 55.2 | 88.3 | 46.6% |
| Russia | 65.7 | 64.0 | 78.3 | 60.5 | -2.7% |
| Dominican Republic | 14.6 | 11.6 | 49.4 | 57.3 | 57.7% |
| China | 51.0 | 50.4 | 56.0 | 50.7 | -0.2% |
| Others | 441 | 373 | 483 | 664 | 14.6% |
| Total | 1,795 | 1,789 | 2,744 | 3,816 | 28.6% |
Top Suppliers of Aluminum Insulated Wire to the United States in 2022:
- Canada (283.6K tons)
- Mexico (95.8K tons)
- India (84.3K tons)
- Vietnam (55.8K tons)
- Bahrain (46.5K tons)
- Turkey (44.1K tons)
- Indonesia (21.5K tons)
- Russia (21.4K tons)
- Ecuador (18.8K tons)
- Dominican Republic (12.2K tons)
- China (8.1K tons)
Aluminum Insulated Wire Exports in the United States
In 2022, the amount of aluminum insulated wire and cable exported from the United States amounted to 247K tons, increasing by 1.9% on the year before. In general, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, aluminum insulated wire exports soared to $1.6B in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminum Insulated Wire in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 730 | 553 | 659 | 771 | 1.8% |
| Canada | 324 | 285 | 383 | 462 | 12.6% |
| China | 56.6 | 50.5 | 47.6 | 56.2 | -0.2% |
| United Kingdom | 41.4 | 33.1 | 30.6 | 45.1 | 2.9% |
| Israel | 39.5 | 55.6 | 39.9 | 32.0 | -6.8% |
| South Korea | 53.6 | 45.9 | 20.1 | 29.4 | -18.1% |
| United Arab Emirates | 2.3 | 3.9 | 10.3 | 15.9 | 90.5% |
| Others | 237 | 180 | 196 | 237 | 0.0% |
| Total | 1,484 | 1,207 | 1,386 | 1,649 | 3.6% |
Top Export Markets for Aluminum Insulated Wire from the United States in 2022:
- Mexico (131.1K tons)
- Canada (66.8K tons)
- China (6.3K tons)
- Israel (5.7K tons)
- United Arab Emirates (5.3K tons)
- United Kingdom (4.2K tons)
- South Korea (3.0K tons)
This report provides an in-depth analysis of the aluminum insulated wire market in the U.S.. 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:
- NAICS 331318 - Other aluminum rolling, drawing, and extruding
Companies mentioned:
- Novelis Inc.
- Aleris International
- Logan Aluminum Inc.
- Alexandria Extrusion Company
- Trulite Glass & Aluminum Solutions
- Sapa Profiles
- Brazeway
- The William L Bonnell Company
- 80/20 Inc
- Keymark Corporation
- Arcadia
- SRS Industries
- Astro Shapes
- Wing Enterprises
- Sapa North America
- Aacoa Extrusions
- The Loxcreen Company
- Metals USA Building Products
- Shapes/Arch Holdings
- Century Aluminum of Kentucky
- Sapa Extrusions North America
- Franklin Aluminum Company
- Lapp Holding NA
- The Future Foundation
- Bon L Manufacturing Company
- Aleris Recycling Bens Run
- Aleris Holding Company
- The William L Bonnell Company
- Real Alloy Specialty Products
- Amh Holdings
- Amh Holdings II Inc
- Sapa Extruder
- Sapa Extrusions
- Aleris Corporation
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
1057
This report provides an in-depth analysis of the aluminum insulated wire market in the U.S..
980
This report provides an in-depth analysis of the market for iron and steel pipe in the U.S..
1485
This report provides an in-depth analysis of the steel wire market in the U.S..
919
This report provides an in-depth analysis of the steel foundry market in the U.S..
1583
This report provides an in-depth analysis of the secondary aluminum market in the U.S..
916
This report provides an in-depth analysis of the nonferrous metal market in the U.S..
910
This report provides an in-depth analysis of the market for nonferrous metal die-casting foundry in the U.S..
1238
This report provides an in-depth analysis of the market for iron, steel and ferroalloy in the U.S..
860
This report provides an in-depth analysis of the iron foundry market in the U.S..
781
This report provides an in-depth analysis of the rolled steel shape market in the U.S..
50
Imports of Aluminum Insulated Wire peaked at 795K tons in 2022 before declining in the subsequent year. In terms of value, imports decreased to $3.3B in 2023.
81
The growth of Aluminum Insulated Wire imports from April 2023 to December 2023 remained low, with imports falling to $230M in December 2023.
160
During the period from April 2023 to November 2023, the growth of imports for Aluminum Insulated Wire could not regain momentum. In terms of value, imports of aluminum insulated wire fell modestly to $255M in November 2023.
296
The price of Aluminum Insulated Wire in June 2023 was $4,436 per ton (CIF, US), showing a decrease of -2.4% compared to the previous month.
285
In February 2023, the aluminum insulated wire price was around $4,435/ton (CIF, US), an amount similar to the previous month.
369
In October 2022, the aluminum insulated wire price amounted to $8,030 per ton (FOB, US), with an increase of 6.3% against the previous month.
327
The value of imports for Iron And Steel Pipe significantly decreased to $1.5M in August 2023.
151
In February of 2023, the price of iron and steel pipes per ton (CIF, US) was $2,940, a decrease of -5.5% compared to the previous month.
354
Steel Wire imports declined to $179M in June 2023.
756
Discover the latest update on US steel wire prices, as they experience a modest decline to $1,830 per ton, and learn about factors influencing the market
