Finland - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber and Bundle in Finland - 2023
Contents:
- Price for Optical Fiber and Bundle in Finland (FOB) - 2022
- Price for Optical Fiber and Bundle in Finland (CIF) - 2022
- Exports of Optical Fiber and Bundle in Finland
- Imports of Optical Fiber and Bundle in Finland
Price for Optical Fiber and Bundle in Finland (FOB) - 2022
The average optical fiber and bundle export price stood at $1,540,349 per ton in 2022, reducing by -24.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 52%. Over the period under review, the average export prices reached the peak figure at $3,707,355 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,266,345 per ton), while the average price for exports to Chile ($20,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%), while the prices for the other major destinations experienced a decline.
Price for Optical Fiber and Bundle in Finland (CIF) - 2022
In 2022, the average optical fiber and bundle import price amounted to $91,862 per ton, picking up by 27% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 48% against the previous year. As a result, import price reached the peak level of $120,029 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($337,204 per ton), while the price for Estonia ($31,190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+12.6%), while the prices for the other major suppliers experienced a decline.
Exports of Optical Fiber and Bundle in Finland
In 2022, shipments abroad of optical fibers and bundles decreased by -17.9% to 6.8 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%.
In value terms, optical fiber and bundle exports declined markedly to $10M in 2022. In general, exports recorded a precipitous contraction. The smallest decline of -5.7% was in 2021.
Export of Optical Fiber and Bundle in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.8 | 8.6 | 8.3 | 4.4 | -13.5% |
China | 6.4 | 5.1 | 6.1 | 2.6 | -25.9% |
Thailand | 8.4 | 2.7 | 0.4 | 1.6 | -42.5% |
Germany | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
United Kingdom | N/A | N/A | 0.1 | 0.2 | 100.0% |
Chile | N/A | N/A | N/A | N/A | 0% |
Poland | N/A | N/A | N/A | N/A | 0% |
Others | 2.4 | 1.5 | 1.7 | 1.1 | -22.9% |
Total | 24.5 | 18.1 | 17.0 | 10.5 | -24.6% |
Top Export Markets for Optical Fiber and Bundle from Finland in 2022:
- United States (1446.0 kg)
- Germany (1392.0 kg)
- China (1266.0 kg)
- United Kingdom (517.0 kg)
- Thailand (501.0 kg)
- Chile (365.0 kg)
- Poland (217.0 kg)
Imports of Optical Fiber and Bundle in Finland
Optical fiber and bundle imports into Finland rose sharply to 129 tons in 2022, surging by 7.2% on 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, optical fiber and bundle imports skyrocketed to $12M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Optical Fiber and Bundle in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.3 | 0.3 | 0.3 | 2.3 | 97.2% |
United States | 3.1 | 0.7 | 1.0 | 2.2 | -10.8% |
South Korea | 0.7 | 2.5 | 1.0 | 2.1 | 44.2% |
Poland | N/A | N/A | N/A | 1.7 | 0% |
Netherlands | N/A | 1.8 | 2.8 | 1.5 | -8.7% |
China | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
Japan | 2.0 | 0.6 | 1.9 | 0.4 | -41.5% |
Spain | 0.3 | 2.4 | 1.1 | N/A | 91.5% |
Others | 0.2 | 0.8 | 0.4 | 1.0 | 71.0% |
Total | 6.7 | 9.2 | 8.7 | 11.8 | 20.8% |
Top Suppliers of Optical Fiber and Bundle to Finland in 2022:
- United States (29.2 tons)
- South Korea (28.4 tons)
- Poland (21.4 tons)
- Netherlands (18.9 tons)
- China (7.0 tons)
- Germany (6.7 tons)
- Japan (6.0 tons)
This report provides an in-depth analysis of the market for optical fiber and bundle in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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