Sales Revenue Of China's Wire And Cable Industry Exceeded 1.4 Trillion Yuan In 2018

- Apr 25, 2019-

China's wire and cable industry sales revenue overall fluctuated.According to the data reported by the forward-looking industry research institute, the sales revenue of China's wire and cable industry has exceeded 1 trillion yuan in 2011.China's wire and cable industry saw sales revenue fall to 1.22 trillion yuan in 2015, down 2.68 percent year-on-year.In 2016, the sales revenue of China's wire and cable industry peaked at 1.39 trillion yuan, up 14.43% year-on-year.As of 2017, China's wire and cable industry sales revenue reached 1.35 trillion yuan, down 2.95 percent year-on-year.China's wire and cable industry is expected to generate more than 1.4 trillion yuan in sales revenue in 2018.

 

Industry structure analysis: power cable dominant position

Wire and cable products include power cables, communication cables, cables for electrical equipment, bare wires, winding wires, etc. Currently, power cables still occupy the most important position in China's wire and cable industry, accounting for 35.73% of the total in 2017.Secondly, cables for electrical equipment accounted for 19.96%.The proportion of winding wire and bare wire also exceeded double digits, reaching 15.71% and 14.83% respectively.