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Austalia insulated wire and cable market attained revenues of A$2.5Bn in 2010

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Insulated Wire and Cable in Australia: ISIC 313 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 19:24:02
Throughout the review period 2000-2010, the Australian wire and cable market grew at 5% annual average growth rate. Total market size reached A$2.5billion in 2010, expanding by 56% since the beginning of the review period. B2B transactions were the primary customers, generating 72% of total value in 2000, while this share increased to 77% of total sales at the end of the review period. Households were the second largest buyer group, generating 9% of total sales in 2010 and growing at an average annual rate of 2%. At the end of the review period, 14% of total production sold was purchased for investment purpose, which was five percentage points less in comparison with 2000. The turnover of local producers of wire and cable products grew at 5% annually on average, reaching A$1billion in 2010, 62% more than in 2000. The largest share of industry revenues was from sales of other insulated wire and cable.

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