The market is dominated by foreign suppliers, as imports account for 88.1% of total market size in 2020. B2B drives market demand, with B2B spending representing 84.8% of total demand in 2020. The UK has the fourth largest market size for insulated wire and cable in the region, with demand reaching USD3.9 billion in 2020. Prysmian Cables & Systems Ltd is the largest company in the UK, generating 33.9% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 46.2% of total production value in 2020. The total number of companies decreases in 2020, to 1,365 units. The costs of the industry decrease by 5% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 18.0% of production value in 2020, the highest in the region. The industry’s exports share decreases in 2020 to 72.8% of total production output. With production value of USD1.7 billion, the UK accounts for 4.5% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Insulated Wire and Cable in the UK: ISIC 313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insulated Wire and Cable in the UK: ISIC 313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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