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Press Release: UK Wire & Wire Products Market Development Report

Released: June 2009

After researching the UK wire & wire products market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2004-2008:

In value terms, the UK market for wire and wire products is believed to have increased in each year of the review period with the exception of a moderate 1% decline in 2007. However this decline was fully offset, with a 5% increase taking sales to £662.4 million in the latter year under review. Overall MBD believe the value of the UK market for wire and wire products increased by a considerable 15% compared with 2004..

Market Forecast 2009-2013:

The UK market for wire and wire products is expected to decline during the first two years of the forecast period, as a result of the economic downturn, which is likely to affect demand. However growth is forecast for the latter three years of the review period, as an improved economic climate is anticipated to have a positive affect on demand from end-use sectors. In 2013, volume sales are anticipated to increase by 2% to 816 500 tonnes, equivalent to a marginal decline compared with 2008.

Note to Editors:

MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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