Tunisia: Wire And Cable Market 2024

Wire And Cable Market Size in Tunisia

In 2022, the Tunisian wire and cable market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption faced a precipitous shrinkage. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Wire And Cable Production in Tunisia

In value terms, wire and cable production contracted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Wire and cable production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wire And Cable Exports

Exports from Tunisia

In 2022, the amount of insulated wire and cable exported from Tunisia amounted to X tons, with an increase of X% on the previous year. In general, exports continue to indicate noticeable growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, wire and cable exports expanded notably to $X in 2022. Over the period under review, exports posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of wire and cable exports from Tunisia, with a combined X% share of total exports. Austria, Poland, Slovakia, Spain, Romania, Morocco and Algeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for insulated wire and cable exports from Tunisia, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average wire and cable export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into Tunisia

In 2022, overseas purchases of insulated wire and cable increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a tangible increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, wire and cable imports fell to $X in 2022. In general, imports enjoyed notable growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell modestly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of wire and cable imports to Tunisia, together comprising X% of total imports. Turkey, China, Spain, South Korea, Portugal, Hungary, Poland, the Czech Republic and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable suppliers to Tunisia were Germany ($X), Italy ($X) and France ($X), together comprising X% of total imports. Turkey, China, South Korea, the Czech Republic, Spain, Hungary, Portugal, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 2022, the average wire and cable import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, continues to indicate modest growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :