Analysis of the world's major importers of wires and cables and China's exports from January to June 2022
Writer： Hengfeng you electric Time：2023-04-12 views：times
In 2019, a total of 205 countries / regions worldwide purchased cables from China, with a total purchase amount of US $13.9 billion, of which Australia was the largest market, accounting for 12.02%, and the purchase amount was US $1.67 billion, followed by Singapore, accounting for 6.8%, and Indonesia, accounting for 6.8%. In 2020, the export amount of China's wires and cables was 18474.604 million US dollars (the sales revenue of China's wire and cable industry in 2020 was about 1076.9 billion yuan).
Although the wire and cable industry is only a supporting industry, it accounts for 1/4 of the output value of China's electrical industry (in 2020, the output value of China's electrical industry was close to 4trillion yuan). It has a wide range of products and applications, involving power, construction, communications, manufacturing, mining and other industries, and is closely related to all sectors of the national economy. Wires and cables are also known as the "arteries" and "nerves" of the national economy. They are indispensable basic equipment for transmitting electric energy, transmitting information, manufacturing various motors, instruments and meters, and realizing electromagnetic energy conversion. They are also essential basic products in the future electrification, informatization and IOT society.
Secondly, the wire and cable industry is the second largest industry in China after the automobile industry, with the product variety satisfaction rate and domestic market share of more than 90%. Worldwide, China's total output value of wires and cables has surpassed that of the United States, becoming the world's largest wire and cable producer. With the rapid development of China's wire and cable industry, the number of new enterprises such as hengfengyou cable is rising, and the overall technical level of the industry has been greatly improved. Now let us hengfengyou electric Martin take you to see which countries China exports wires and cables.
How about the export situation of Chinese cables in 2022 under the epidemic? Martin of hengfengyou cable has compiled some data for you for reference only:
1. From January to June 2022, the export volume of wires and cables in China was 1.15 million tons, an increase of 30000 tons compared with the same period in 2021, with a year-on-year increase of 2.5%; The export amount was 12459.478 million US dollars, an increase of 1450.486 million US dollars compared with the same period in 2021, an increase of 13.4% year-on-year.
2. The average export price of China's wires and cables from January to June 2022 was 108.3433 million US dollars / 10000 tons, and the average export price of wires and cables from January to June 2021 was 98.2946 million US dollars / 10000 tons.
3. In June 2022, the export volume of wires and cables in China was 210000 tons, a decrease of 10000 tons compared with the same period in 2021, a year-on-year decrease of 3.3%; The export amount was 2375592000 US dollars, an increase of 290.533 million US dollars compared with the same period in 2021, an increase of 14.1% year-on-year; The average export price is 113.1234 million dollars / 10000 tons.
Qingdao hengfengyou electric group is an export-oriented enterprise focusing on power transmission and distribution products, integrating product R & D, manufacturing and trade. It is the designated supplier of the world's top 500 enterprises. The main products are power transformers, medium and low voltage switchgear, distribution boards, circuit breakers, transmission towers, wires and cables and other transmission and distribution equipment. It has been successfully sold to more than 50 countries around the world. Product certification is complete. Hengfengyou Electric will provide you with the best electrical product solutions. https://www.hengfengyou.com ； info@hengfengyou.com ； WhatsApp：+86158 5325 2696（Jack） +86158 5326 5269（Alisa）
(source of the above data: China Customs)
