In 2023, China led the global export market for aluminium alloys wire with a 21.49% share, followed by Italy with 15.01% and the United States at 14.14%. Germany and Canada rounded out the top five exporters. The market showed significant growth for the Czech Republic with a 23.92% increase, Slovakia with 18.37%, and Chile with 25.35%. Conversely, Belgium, Japan, and Indonesia experienced notable declines in their market shares. The year-on-year change illustrates dynamic shifting amongst smaller markets, with Ireland seeing substantial growth, while the UK faced a substantial decrease.
Future trends to watch include potential further rises in exports from rapidly growing markets like Chile and Slovakia, alongside fluctuations in major markets such as China and the US, whose percentage changes indicate robust activity. Developing geopolitical factors and technological advancements in manufacturing and logistics could further impact these trends.
Top countries in Export of Aluminium Alloys Wire of a Thickness Not Exceeding 7 Mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21.49 | 2023 | +3.07% | +2.54% | View data |
| 2 | 2 Italy | 15.01 | 2023 | +2.09% | +1.55% | View data |
| 3 | 3 United States | 14.14 | 2023 | +1.97% | +2.36% | View data |
| 4 | 4 Germany | 8.07 | 2023 | +1.16% | +1.25% | View data |
| 5 | 5 Canada | 6.92 | 2023 | +2.08% | +3.18% | View data |
| 6 | 6 Singapore | 6.16 | 2023 | +4.23% | -1.95% | View data |
| 7 | 7 Hungary | 5.06 | 2023 | +2.35% | +2.59% | View data |
| 8 | 8 India | 4.34 | 2023 | +4.11% | +3.8% | View data |
| 9 | 9 France | 3.62 | 2023 | -1.49% | -1.09% | View data |
| 10 | 10 Spain | 3.17 | 2023 | +2.66% | +2.03% | View data |
