Wire And Cable Market in the United States
In value terms, wire and cable production rose notably to $ in . In general, production, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2010 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production failed to regain momentum.
The size of the wire and cable market in the United States surged to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. Wire and cable consumption peaked in and is likely to continue growth in the near future.