Upload
others
View
7
Download
0
Embed Size (px)
Citation preview
0
Presentation Regional Analysis:Latin American Cable Markets
Philip RadbourneDirector – Research, Wire & Cable Team
Integer Research Ltd, London Office
International Cablemakers Federation Congress 2012, Rio de Janeiro
2-6 October 2012
• Introduction• Global Wire & Cable industry• Overview of Latin America cable markets• Leading suppliers• Conclusions – questions & answer session
Latin American Cable Markets
1
• Founded in 2002 in London
• We track range of industries, from cable,
power systems, metals, mining, through
chemicals and emissions
• 40 staff in London, 95% of business outside
the UK
• Team in Detroit, USA since 2009.
• Opened up offices in Beijing and Tokyo in 2011
• Running Advanced Cable Asia Conference in
Shanghai in November 2012
Integer Research Ltd – London office
2
Our Experts & Authors of the ICF SurveyPhilip Radbourne is Research Director at Integer Research Ltd. He is one of the founders of the company. Philip has more than 13 years of experience in business analysis and consulting.
Josie Armstrong is Business Manager for Integer’s wire and cable business. Josie has experience in managing and undertaking single client assignments covering a range of industries including wire and cable, aluminium, copper, steel/iron ore, coal, uranium, and fertilizers. Worked for BP Australia, and time working in China.
Dr Robert Davies is a Principal Consultant at Integer Research. Over 19 years experience in the cable industry, Robert has worked in various corporate planning and strategic planning roles in the UK and east Asia. Ex BICC & Brand-Rex.
Dr Niall Macfadyen is a Principal Consultant at Integer Research. Niall has worked in the cable industry for more than 20 years, gaining a range of operational experience in fibre optic cables and electronics, R&D, sales and product management. Ex Tyco & Pinacl.
Andrea Valentini is a Senior Analyst and regular contributor to consulting assignments and publications for Integer’s wire and cable business. Now runs our Tokyo office. Italian, speaks Arabic, Spanish, Portuguese and now Japanese. Ex Italian Chambers of Commerce in Cairo.
3
• Introduction• Global Wire & Cable industry• Overview of Latin America cable markets• Leading cable suppliers and manufacturing clusters• Conclusions & questions
Latin American Cable Markets
4
Latin American was steaming ahead in 2008, but will growth rates continue?
5
Puerto Madero, Buenos Aires
Berrini, Sao Paulo,
Economist cover from 2008
Brazil overtook the UK, to become the 6th largest economy in the world in 2011
6
0
2000
4000
6000
8000
10000
12000
14000
16000 GDP, US$ billion
Source: IMF, EIU
Global GDP collapsed in 2009…
7
-1
0
1
2
3
4
5
6
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
GDP, constant prices, Yr-on-Yr % change
Source: IMF, EIU
...led to largest decline in world cable market for 30 years
8
-8-6-4-202468
101214
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% change in cable volume
Source: Eurostat, Integer, Industry sources
Brazil dominates Latin American economic output and cable demand
9
0
500
1000
1500
2000
2500
3000
3500
Cable demand in 2011, US$ million
GDP, US$ billion
Source: IMF, IBGE, ECLAC, Integer, Industry sources
Brazil dominates Latin American market cable demand
10
0500
100015002000250030003500400045005000
2003 2004 2005 2006 2007 2008 2009 2010 2011
BoliviaUruguayParaguayEcuadorVenezuelaPeruChileColombiaArgentinaBrazil
Insulated cable demand, US$ million
Source: Integer, SINDICEL, IBGE, Industry sources
Brazilian cable imports reached US$861 million in 2011, China leading supplier
11
Insulated cable imports, US$ million
Source: UNComtrade, GTIS, Integer, SINDICEL
0100200300400500600700800900
1000
2003 2004 2005 2006 2007 2008 2009 2010 2011
Telecom/Data/Signal CablesSignal & Control CablePower Cable - >1kV, MV, HV, EHVLow Voltage Energy
• Introduction• Global Wire & Cable industry• Overview of Latin America cable markets• Cable suppliers and manufacturing clusters• Conclusions & questions
Latin American Cable Markets
12
Cable production and demand dominated by São Paulo state
13
Lima
SantiagoSão Paulo
Cali
Buenos Aires
Barranquilla Size of green circle related to number of cable plants
São Paulo state is dominant cable producing region in Latin America
14
0 500 1000 1500 2000 2500 3000
São Paulo
Buenos Aires
Minas Gerais
Santiago
Rio de Janeiro
Cali
Lima
Paraná
Carabobo
Cundinamarca Cable production in 2011, US$ million
A sample of leading Brazilian cable producers in 2012
15
A snapshot of cable producers in rest of Latin America
16
Nexans leads Latin American market in terms of insulated cable production
17
050
100150200250300350400450500
VenezuelaUruguayPeruColombiaChileBrazilArgentina
US$ million
A review of the leading Brazilian insulated cable producers
18
Production revenues of Top 15 cablemakers in Brazil in 2011, US$ million
Source: Integer, IBGE, Sindicel, Data excludes ACSR and bare conductor
Insulated cable revenues in 2011, US$ million
Condupasqua
Corfio
IPCE
0
0
0
0
0
0
0
0
0
PPE Nexans
Cordeiro
Nambei
Prysmian
Furukawa
Wirex
General Cable
Induscabos
Condumax
Sao Marco
SILAuto WireBuilding WireFlexible & Cords (cable)
Fibre optic cable
Power Infrastucture
Magnet Wire
LAN cableCopper Telecom
Energy Industrial & Special
Magnet Strip
Electronic & Coaxial CableOEM CableSignal & Control
A review of the leading Argentine cable producers
19
Argentina has a deep cluster of cable makers that have all expanded through the recovery in demand over the last 5 years
Source: Integer, ICF, Industry Sources
0
0
0
0
0
0 Plásticos Centurión
Conducom SA
Furukawa
Nasello
Tecno Indusil
CEDAM
Felrro
AC Argentina
Cetya S.A.
Conductores RG
American Dulah
Indecable S.A.
0
Prysmian
0
0
CIMET
Marlew
CEARCA
Nexans
IMSA
Epuyen
Argenplas
CyA Fonseca
Cableplast
CIBASA SA
Erpla
LVH SA
Anicor
Derluz
Conduplast
Cademsa/Cobrhil
Fibre Optic CableLAN cableCopper TelecomElectronic & Coaxial CableOEM CableSignal & ControlEnergy Industrial & SpecialPower InfrastuctureMagnet StripFlexible & Cords (cable)Building WireAuto WireMagnet Wire
Insulated wire and cable production in 2011, US$ million
Argentina has a deep cluster of cable makers that have all expanded through the recovery in demand over the last 5 years
Source: Integer, ICF, Industry Sources
50
40
30
20
10
0
Plásticos Centurión
Conducom SA
Furukawa
Nasello
Tecno Indusil
CEDAM
Felrro
AC Argentina
Cetya S.A.
Conductores RG
American Dulah
Indecable S.A.
60
Prysmian
70
80
CIMET
Marlew
CEARCA
Nexans
IMSA
Epuyen
Argenplas
CyA
Fonseca
Cableplast
CIBASA SA
Erpla
LVH SA
Anicor
Derluz
Conduplast
Cademsa/Cobrhil
Fibre Optic Cable
LAN cable
Copper Telecom
Electronic & Coaxial Cable
OEM Cable
Signal & Control
Energy Industrial & Special
Power Infrastucture
Magnet Strip
Flexible & Cords (cable)
Building Wire
Auto Wire
Magnet Wire
Insulated wire and cable production in 2011, US$ million
• Introduction• Global Wire & Cable industry• Overview of Latin America cable markets• Cable suppliers and manufacturing clusters• Conclusions & questions
Latin American Cable Markets
20
Chinese exports of cable to Latin America have overtaken those of the US
in 2011
21
For further information and questions on the survey, please contact
22
Josie ArmstrongBusiness Manager – Wire & Cable
Philip RadbourneDirector – Research
Tel: +44 20 7503 1265Fax: +44 20 7503 1266Integer Research Ltd
London office, Invicta House108-114 Golden Lane
London, EC1Y 0TL, UK
Presentation Regional Analysis:�Latin American Cable MarketsLatin American Cable MarketsInteger Research Ltd – London officeOur Experts & Authors of the ICF SurveyLatin American Cable MarketsLatin American was steaming ahead in 2008, but will growth rates continue?Brazil overtook the UK, to become the 6th largest economy in the world in 2011Foliennummer 8Foliennummer 9Brazil dominates Latin American economic output and cable demand Brazil dominates Latin American market cable demandBrazilian cable imports reached US$861 million in 2011, China leading supplierLatin American Cable MarketsCable production and demand dominated by São Paulo stateSão Paulo state is dominant cable producing region in Latin AmericaA sample of leading Brazilian cable producers in 2012A snapshot of cable producers in rest of Latin AmericaNexans leads Latin American market in terms of insulated cable productionA review of the leading Brazilian insulated cable producersA review of the leading Argentine cable producersLatin American Cable MarketsFoliennummer 22For further information and questions on the survey, please contact