| Product Code: ETC5765752 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of submarine power cables in North Macedonia saw a significant increase in 2024, with top exporting countries being Serbia, Turkey, Germany, Romania, and Metropolitan France. The market concentration, as measured by the HHI, transitioned from very high in 2023 to moderate in 2024, indicating a more diversified import market. The impressive compound annual growth rate (CAGR) of 12.1% from 2020 to 2024 highlights the expanding demand for submarine power cables in North Macedonia. Moreover, the remarkable growth rate of 59.19% from 2023 to 2024 suggests a surge in import volumes and market activity during this period.

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 Republic of Macedonia Submarine Power Cable Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Submarine Power Cable Market - Industry Life Cycle |
3.4 Republic of Macedonia Submarine Power Cable Market - Porter's Five Forces |
3.5 Republic of Macedonia Submarine Power Cable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Submarine Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Republic of Macedonia Submarine Power Cable Market Revenues & Volume Share, By Conductor Material, 2021 & 2031F |
3.8 Republic of Macedonia Submarine Power Cable Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Republic of Macedonia Submarine Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Macedonia |
4.2.2 Government initiatives to enhance energy infrastructure |
4.2.3 Growing investments in offshore wind energy projects |
4.3 Market Restraints |
4.3.1 High initial investment costs for submarine power cable installations |
4.3.2 Limited expertise and technology in submarine cable manufacturing |
4.3.3 Environmental concerns and regulations impacting project approvals |
5 Republic of Macedonia Submarine Power Cable Market Trends |
6 Republic of Macedonia Submarine Power Cable Market Segmentations |
6.1 Republic of Macedonia Submarine Power Cable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Multicore, 2021-2031F |
6.2 Republic of Macedonia Submarine Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Medium, 2021-2031F |
6.2.3 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By High, 2021-2031F |
6.3 Republic of Macedonia Submarine Power Cable Market, By Conductor Material |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Copper, 2021-2031F |
6.3.3 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Aluminum, 2021-2031F |
6.4 Republic of Macedonia Submarine Power Cable Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Offshore wind? power generation, 2021-2031F |
6.4.3 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Inter-country and island connection, 2021-2031F |
6.4.4 Republic of Macedonia Submarine Power Cable Market Revenues & Volume, By Offshore oil & gas, 2021-2031F |
7 Republic of Macedonia Submarine Power Cable Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Submarine Power Cable Market Export to Major Countries |
7.2 Republic of Macedonia Submarine Power Cable Market Imports from Major Countries |
8 Republic of Macedonia Submarine Power Cable Market Key Performance Indicators |
8.1 Average project completion time for submarine power cable installations |
8.2 Percentage of renewable energy capacity connected through submarine cables |
8.3 Rate of adoption of advanced submarine cable technologies |
9 Republic of Macedonia Submarine Power Cable Market - Opportunity Assessment |
9.1 Republic of Macedonia Submarine Power Cable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Submarine Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Republic of Macedonia Submarine Power Cable Market Opportunity Assessment, By Conductor Material, 2021 & 2031F |
9.4 Republic of Macedonia Submarine Power Cable Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Republic of Macedonia Submarine Power Cable Market - Competitive Landscape |
10.1 Republic of Macedonia Submarine Power Cable Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Submarine Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |