Copper Wire, Cable and Wirerod Monitor

20 November 2008

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Wire and Cable · Market Analysis · Copper Wire, Cable and Wirerod Monitor

Cables Industry Analyst

Market Analysis

Market Forecasts

Nov 2008 Issue

Cable Market Holds up in Q3 Despite Economic Worries

Our initial estimates for the first three quarters of 2008 show that global copper wire and cable production increased by 1.4% year-on-year, although with little official data for September available it is possible that the true picture is slightly worse than this as the impact of the credit crunch intensified towards the end of the quarter. The falling price of copper and deteriorating economic outlook is now causing many customers to run down stocks and delay orders and so Q4 is looking increasingly weak.
Q3 has turned out reasonably well in comparison to the weak Q3 in 2007, with year-on-year copper cable production growth of 2.1%. The North American and North East Asian markets remain weakest, although their position did not deteriorate any further in Q3. The European market has slowed and is now showing almost no growth in the first nine months. Thus all the global growth is coming from the developing Rest of the World.
For global copper wire and cable production to show negative growth in 2008 Q4 production would have to fall by at least 4.3% year-on-year and 6.5% compared to Q3. Whilst the rapidly deteriorating economic outlook and falling copper price means this is possible, we believe that there is a good chance that the year can still end in positive territory.

Copper Wire, Cable and Wirerod Monitor

Published every two months, Copper Wire, Cable and Wirerod Monitor provides you with independent analysis of regional and world market data on the three major segments of the insulated copper wire business:

Energy Cables - power cables, building, automotive and appliance wire
Communication Cables - external copper telecoms and internal telecom and data cables
Winding Wire - magnet wire and winding strip

Focusing also on the copper wirerod market, the monitor provides information and news on all major consumption segments in one publication. You will benefit from key quarterly indicators of wire and cable market production and consumption, and regional market analysis data for:

Europe
North America
North and East Asia
Rest of the world

Copper Wire, Cable and Wirerod Monitor is available in print, by email and online. With the online service you will have access to over eight years’ of back issues. It is a must for all manufacturers and marketing managers needing to improve their scope for analysing market developments in the largest and fastest growing national markets for copper wirerod and copper wire and cable.

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