| Product Code: ETC5091816 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Hong Kong`s aluminum wire import market in 2024 continued to be dominated by China, Japan, USA, Czechia, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 58.37% from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024 at -42.1%. This suggests a potential shift or external factors impacting the market dynamics. Stakeholders should closely monitor these trends for strategic decision-making in the aluminum wire import sector.

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 Hong Kong Aluminum Wire Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Aluminum Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Aluminum Wire Market - Industry Life Cycle |
3.4 Hong Kong Aluminum Wire Market - Porter's Five Forces |
3.5 Hong Kong Aluminum Wire Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Hong Kong Aluminum Wire Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Hong Kong Aluminum Wire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Aluminum Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in Hong Kong, leading to increased demand for aluminum wire. |
4.2.2 Adoption of aluminum wire in electrical applications due to its lightweight, flexibility, and conductivity. |
4.2.3 Government initiatives promoting the use of aluminum wire in various industries to reduce carbon footprint and energy consumption. |
4.3 Market Restraints |
4.3.1 Fluctuations in aluminum prices impacting the overall cost of production and pricing of aluminum wire products. |
4.3.2 Competition from alternative materials such as copper wire, impacting market share and pricing strategies. |
4.3.3 Regulatory challenges related to quality standards, safety regulations, and environmental concerns affecting market growth. |
5 Hong Kong Aluminum Wire Market Trends |
6 Hong Kong Aluminum Wire Market Segmentations |
6.1 Hong Kong Aluminum Wire Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Aluminum Wire Market Revenues & Volume, By Electrical, 2021-2031F |
6.1.3 Hong Kong Aluminum Wire Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.4 Hong Kong Aluminum Wire Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2 Hong Kong Aluminum Wire Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Aluminum Wire Market Revenues & Volume, By Enameled, 2021-2031F |
6.2.3 Hong Kong Aluminum Wire Market Revenues & Volume, By Paper Insulated, 2021-2031F |
6.2.4 Hong Kong Aluminum Wire Market Revenues & Volume, By Fiber Glass Insulated, 2021-2031F |
6.2.5 Hong Kong Aluminum Wire Market Revenues & Volume, By Nomex Insulated, 2021-2031F |
6.2.6 Hong Kong Aluminum Wire Market Revenues & Volume, By Mica Insulated, 2021-2031F |
6.2.7 Hong Kong Aluminum Wire Market Revenues & Volume, By Cotton Insulated, 2021-2031F |
6.3 Hong Kong Aluminum Wire Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Aluminum Wire Market Revenues & Volume, By Automobile, 2021-2031F |
6.3.3 Hong Kong Aluminum Wire Market Revenues & Volume, By Circuit Breakers, 2021-2031F |
6.3.4 Hong Kong Aluminum Wire Market Revenues & Volume, By Switches & Meters, 2021-2031F |
6.3.5 Hong Kong Aluminum Wire Market Revenues & Volume, By Home Electrical Appliances, 2021-2031F |
6.3.6 Hong Kong Aluminum Wire Market Revenues & Volume, By Motors, 2021-2031F |
6.3.7 Hong Kong Aluminum Wire Market Revenues & Volume, By Rotating machine, 2021-2031F |
6.3.8 Hong Kong Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
6.3.9 Hong Kong Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
7 Hong Kong Aluminum Wire Market Import-Export Trade Statistics |
7.1 Hong Kong Aluminum Wire Market Export to Major Countries |
7.2 Hong Kong Aluminum Wire Market Imports from Major Countries |
8 Hong Kong Aluminum Wire Market Key Performance Indicators |
8.1 Average selling price of aluminum wire products in Hong Kong. |
8.2 Number of new construction and infrastructure projects utilizing aluminum wire. |
8.3 Adoption rate of aluminum wire in electrical applications compared to traditional materials. |
8.4 Percentage of government contracts specifying the use of aluminum wire in Hong Kong. |
8.5 Rate of compliance with quality standards and safety regulations in the aluminum wire market. |
9 Hong Kong Aluminum Wire Market - Opportunity Assessment |
9.1 Hong Kong Aluminum Wire Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Hong Kong Aluminum Wire Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Hong Kong Aluminum Wire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Aluminum Wire Market - Competitive Landscape |
10.1 Hong Kong Aluminum Wire Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Aluminum Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |