| Product Code: ETC5321881 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the high concentration of top exporters like China, South Africa, France, Israel, and the United Arab Emirates dominating Congo steel wire import market in 2023, the industry saw a significant decline with a growth rate of -67.84%. However, the compound annual growth rate (CAGR) of 15.29% indicates the potential for recovery and future growth in the market. The competitive landscape remains intense with a high Herfindahl-Hirschman Index (HHI), suggesting a challenging environment for market players in the steel wire segment.

The Steel Wire market in Democratic Republic of the Congo is projected to grow at a high growth rate of 11.44% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Congo Steel Wire Market Overview |
3.1 Congo Country Macro Economic Indicators |
3.2 Congo Steel Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Congo Steel Wire Market - Industry Life Cycle |
3.4 Congo Steel Wire Market - Porter's Five Forces |
3.5 Congo Steel Wire Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Congo Steel Wire Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Congo Steel Wire Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.8 Congo Steel Wire Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Congo Steel Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in Congo leading to higher demand for steel wire in construction projects. |
4.2.2 Growth in the automotive industry in Congo, driving the demand for steel wire for manufacturing processes. |
4.2.3 Government initiatives and investments in industrial development, boosting the steel wire market. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of steel wire. |
4.3.2 Competition from alternative materials such as aluminum and composite materials affecting the demand for steel wire. |
5 Congo Steel Wire Market Trends |
6 Congo Steel Wire Market Segmentations |
6.1 Congo Steel Wire Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Congo Steel Wire Market Revenues & Volume, By Non-rope, 2021-2031F |
6.1.3 Congo Steel Wire Market Revenues & Volume, By Rope, 2021-2031F |
6.2 Congo Steel Wire Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Congo Steel Wire Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Congo Steel Wire Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.4 Congo Steel Wire Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.3 Congo Steel Wire Market, By Thickness |
6.3.1 Overview and Analysis |
6.3.2 Congo Steel Wire Market Revenues & Volume, By 0.01 mm to 0.8 mm, 2021-2031F |
6.3.3 Congo Steel Wire Market Revenues & Volume, By 0.8 mm to 1.6 mm, 2021-2031F |
6.3.4 Congo Steel Wire Market Revenues & Volume, By 1.6 mm to 4 mm, 2021-2031F |
6.3.5 Congo Steel Wire Market Revenues & Volume, By 4 mm & above, 2021-2031F |
6.4 Congo Steel Wire Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Congo Steel Wire Market Revenues & Volume, By Construction, 2021-2031F |
6.4.3 Congo Steel Wire Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Congo Steel Wire Market Revenues & Volume, By Energy, 2021-2031F |
6.4.5 Congo Steel Wire Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Congo Steel Wire Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.7 Congo Steel Wire Market Revenues & Volume, By Others, 2021-2031F |
7 Congo Steel Wire Market Import-Export Trade Statistics |
7.1 Congo Steel Wire Market Export to Major Countries |
7.2 Congo Steel Wire Market Imports from Major Countries |
8 Congo Steel Wire Market Key Performance Indicators |
8.1 Average selling price of steel wire in the Congo market. |
8.2 Number of construction permits issued in Congo, indicating potential demand for steel wire. |
8.3 Capacity utilization rate of steel wire manufacturing plants in Congo. |
9 Congo Steel Wire Market - Opportunity Assessment |
9.1 Congo Steel Wire Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Congo Steel Wire Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Congo Steel Wire Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.4 Congo Steel Wire Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Congo Steel Wire Market - Competitive Landscape |
10.1 Congo Steel Wire Market Revenue Share, By Companies, 2024 |
10.2 Congo Steel Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |