Aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), with steel core

In 2024, aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), with steel core trade exhibited significant decline, with global flows reaching $1,081,892,406 and a three-year compound annual growth rate of +14.7% (five-year: +8.8%). The all-time peak of $1,346,856,719 was recorded in 2023; the current level is 20% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+14.0% acceleration).

The World Trade Flows Characterization classifies aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), with steel core as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.157). The three largest exporters — India ($333.4M), China ($297.5M), and Bahrain ($124.6M) — collectively dominate supply flows. The leading exporter has grown at +25.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.087). The three largest import markets are United States ($259.4M), Germany ($124.7M), and Iraq ($96.1M). The largest importing market sources from 23 different supplying countries.

The dominant trade corridor is India → United States at $116.0M, representing 44.7% of the importer's total demand.

The volatility score for aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), with steel core is 12 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.