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Q1 2025
In the first quarter of 2025, Aluminium Wire prices experienced a modest uptick, rising to USD 3310/MT with a 1.23% increase from Q4 2024. This growth was supported by steady demand from the construction and electrical sectors, which gained momentum as infrastructure projects resumed the post-holiday season. Manufacturers ramped up operations, leading to a gradual rise in procurement activities. Supply remained stable with minimal disruptions, allowing the market to maintain equilibrium while showing a mild upward trend.
Q4 2024
In Quarter 4 of 2024, the global market for aluminum wire has experienced a notable upward trend, with China leading the charge. China’s demand for aluminum wire continues to surge, driven by robust industrial growth, especially in the automotive and electronics sectors, alongside an expanding infrastructure push. This surge in demand has influenced pricing and availability across global markets. South Korea and Vietnam are also seeing growing trends in their aluminum wire markets, fueled by increasing manufacturing activities and export demands. These countries, particularly South Korea, which is strengthening its role in high-tech manufacturing, and Vietnam, which benefits from a growing industrial base, are expected to further contribute to the demand for aluminum wire.
Q3 2024
In Quarter 3 of 2024, the global aluminium wire market experienced a notable decline, with significant downward trends in key regions, including China, South Korea, and Vietnam. In China, the market faced reduced demand due to lower industrial activity and slowing infrastructure projects, leading to decreased production and sales. Similarly, South Korea and Vietnam saw weaker market conditions as domestic consumption shrank, partly due to economic uncertainties and a slowdown in key manufacturing sectors. The combined effect of these factors resulted in a contraction in the aluminium wire market across these regions, with prices and production volumes dropping in tandem, reflecting a broader regional and global cooling of demand.
Q2 2024
In Quarter 2 of 2024, the global market for aluminium wire is seeing notable upward trends, particularly driven by increasing demand in China, South Korea, and Vietnam. China, as the largest market, continues to experience robust industrial growth, particularly in renewable energy and electric vehicles, which are driving up the demand for aluminium wire in various sectors, including power transmission and construction. South Korea and Vietnam are also contributing to this increase, with South Korea’s advanced manufacturing sector relying heavily on aluminium for its electronics and automotive industries, while Vietnam benefits from expanding infrastructure and energy projects.
Q1 2024
In Q1 2024, the global aluminum wire market experienced a notable upward trend, driven primarily by a surge in demand from China, South Korea, and Vietnam. China’s continued industrial growth, alongside strong infrastructure and construction activity, has bolstered the demand for aluminum wire, reflecting an increasing trend in both production and consumption. Similarly, South Korea and Vietnam have seen growing demand for aluminum wire due to advancements in their manufacturing sectors, particularly in electronics, automotive, and renewable energy industries. This combined growth across these key regions is contributing to a tight supply and rising prices, with a continued focus on sustainability and innovation in aluminum production techniques.
PriceWatch is your trusted resource for tracking global aluminium wire price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the aluminium wire market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence aluminium wire prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely aluminium wire market data.
Track PriceWatch's aluminium wire price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
These events highlight the aluminium wire market’s susceptibility to global economic and geopolitical disruptions, emphasizing the importance of closely monitoring market trends and supply-demand dynamics.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Aluminum wire is a versatile product used in various applications, including electrical wiring, power transmission, telecommunications, and automotive industries. It is lightweight, corrosion-resistant, and has excellent electrical conductivity, making it ideal for energy-efficient solutions. Aluminium wire is available in various grades depending on the intended application, including bare, tinned, and coated wire.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Carbon Content (%) | ≤ 0.25 |
| Yield Strength (MPa) | 160 – 250 |
| Tensile Strength (MPa) | 250 – 350 |
| Elongation (%) | ≥ 12 (for a gauge length of 200 mm) |
| Hardness (HB) | 50 – 70 |
| Density (g/cm³) | 2.7 |
| Modulus of Elasticity (GPa) | 70 |
| Melting Point (°C) | ~660 |
| Thickness (mm) | |
| Width (mm) | 100 – 2000 |
| Surface Finish | Mill Finish, Anodized, Painted |
| Weldability | Good |
| Formability | Excellent |
| Corrosion Resistance | High (when anodized) |
| Thermal Conductivity (W/m·K) | ~120 at 20°C |
| Electrical Conductivity (% IACS) | ~35 – 40 |
Applications
Several factors influence the production, demand, and price of aluminum wire:
Raw Material Costs: The primary raw material for aluminum wire is aluminum wire. Fluctuations in the price of aluminum (affected by supply and demand, mining conditions, and geopolitical factors) can significantly influence aluminum wire prices.
Energy Prices: Aluminum production is energy-intensive and increases in energy costs (especially electricity) can raise production costs for aluminum wire.
Technological Advancements: Innovations in manufacturing processes or new alloys can impact the quality, production speed, and cost of aluminum wire.
Supply Chain and Logistics: Any disruptions in transportation or supply chains can affect the timely availability and cost of aluminum wire.
Market Demand: The demand for aluminum wire from key industries like construction, automotive, telecommunications, and electronics affects the market. Higher demand generally leads to price increases.
Environmental Regulations: Regulations around sustainability and carbon emissions in aluminum production can drive up costs as companies adopt more eco-friendly technologies.
Feedstock prices, mainly aluminum wires, directly affect aluminum wire production costs. When the price of aluminum wires rises, the cost of producing aluminum wire increases, leading to higher wire prices. Global supply and demand, along with disruptions in the supply chain, can also impact on these prices.
Inflation raises production costs by increasing the prices of raw materials, labor, and energy. This leads to higher aluminum wire prices. Additionally, inflation can result in currency depreciation, making imports more expensive, further driving up wire prices.
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