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

In 2024, aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), other than steel core trade exhibited significant decline, with global flows reaching $945,073,095 and a three-year compound annual growth rate of +7.6% (five-year: +6.2%). The all-time peak of $1,091,693,824 was recorded in 2022; the current level is 13% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.9% acceleration).

The World Trade Flows Characterization classifies aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), other than 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 diversified (Herfindahl-Hirschman Index 0.139). The three largest exporters — China ($247.7M), India ($245.4M), and Bahrain ($98.7M) — collectively dominate supply flows. The leading exporter has grown at +2.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.035). The three largest import markets are United States ($111.5M), Bangladesh ($75.0M), and Ghana ($51.7M). The largest importing market sources from 45 different supplying countries.

The dominant trade corridor is India → Bangladesh at $74.8M, representing 99.7% of the importer's total demand.

The volatility score for aluminium: stranded wire, cables, plaited bands and the like, (not electrically insulated), other than steel core is 6 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. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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