Background Image
Previous Page  14 / 116 Next Page
Basic version Information
Show Menu
Previous Page 14 / 116 Next Page
Page Background

12

Wire & Cable ASIA – September/October 2013

www.read-wca.com

The Middle East and North Africa

(MENA) wire and cable market steadily

recovered to reach US$15.4 billion in

2012, up by 5.4 per cent from 2011.

This is according to Integer’s latest study

– Wire & Cable Focus Report: Middle

East and North Africa Markets – which

forecasts potential demand for MENA

wire and cable to 2017.

“The short term effects of the Arab

Spring, including project cancellations

and delays, have been disruptive,” said

Andrea Valentini, senior analyst and

editor of the report.

“However, the rebuilding and opening up

of some North African markets

post-Arab Spring, plus increased

investment in infrastructure by Gulf

Corporation

Council

governments

seeking to maintain political stability,

should allow further gains in MENA

demand.”

The market for insulated wire and cable

in the MENA region has experienced

highs and lows in recent years.

The rally in oil prices from the mid-2000s

to 2008 fuelled a boom in demand for

cable

from

construction

and

infrastructure developments in the GCC,

resulting in many companies adding

cable-making capacity.

Meanwhile, European OEMs actively

invested in North Africa’s wiring harness

assembly industry, boosting local wire

and cable consumption. Since the

boom, the MENA cable industry has

faced upheavals from both the Arab

Spring and global financial crisis,

resulting in new capacity coinciding with

a sharp drop in demand for cable. In

2009, consumption contracted by 28 per

cent year-on-year to US$8.4 billion.

Within MENA, the North Africa and

GCC cable markets are distinct, even

though they share a common Arab

heritage. “GCC cable consumption is

much larger than North Africa’s, and is

dominated by power cable and

building wire. In 2012, the GCC

market reached almost 1.2 million

gross cable tonnes, compared with

520,000 tonnes in North Africa,” said

Josie Armstrong, business manager of

the wire and cable team.

“In contrast, a key determinant of North

African cable consumption is the

outsourcing of wiring harness assembly

from European automotive and other

OEM supply chains.”

Integer Research – UK

Website

:

www.integer-research.com

Arab Spring impact fails to derail growth

Surtel Kablo has bought two new machines from a Turkish machine

manufacturer with the commissioning due to complete in October. One

machine is a steel wire armouring line for cables with a drum twist take-up

and 48 steel-wire capacity, while the second machine is composed of one

take-up and five pay-offs, all drum twist.

Surtel Kablo – Turkey

Website

:

www.surtel.com.tr

Two new machines