Philippines - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber and Bundle in the Philippines - 2023
Contents:
- Price for Optical Fiber and Bundle in the Philippines (CIF) - 2022
- Price for Optical Fiber and Bundle in the Philippines (FOB) - 2023
- Imports of Optical Fiber and Bundle in the Philippines
- Exports of Optical Fiber and Bundle in the Philippines
Price for Optical Fiber and Bundle in the Philippines (CIF) - 2022
In 2022, the average optical fiber and bundle import price amounted to $28,279 per ton, increasing by 61% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 139% against the previous year. Over the period under review, average import prices reached the maximum at $87,205 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($341,756 per ton), while the price for India ($8,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Fiber and Bundle in the Philippines (FOB) - 2023
The average optical fiber and bundle export price stood at $182K per ton in June 2023, growing by 50% against the previous month. Over the period under review, the export price, however, recorded a deep contraction. The growth pace was the most rapid in September 2022 an increase of 617% month-to-month. As a result, the export price attained the peak level of $714K per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Hong Kong SAR ($246K per ton), while the average price for exports to Australia amounted to $91,875 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.6%).
Imports of Optical Fiber and Bundle in the Philippines
In 2022, optical fiber and bundle imports into the Philippines fell significantly to 191 tons, which is down by -19.9% compared with the previous year's figure. In general, imports saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year.
In value terms, optical fiber and bundle imports surged to $5.4M in 2022. Overall, imports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year.
Import of Optical Fiber and Bundle in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,766 | 253 | 1,500 | 3,075 | 3.6% |
Hong Kong SAR | 15.3 | 176 | 376 | 617 | 242.9% |
Germany | 115 | 120 | 250 | 478 | 60.8% |
Japan | 1,900 | 347 | 207 | 436 | -38.8% |
India | 5,168 | 724 | 1,219 | 128 | -70.9% |
Others | 2,379 | 592 | 624 | 659 | -34.8% |
Total | 12,342 | 2,211 | 4,176 | 5,393 | -24.1% |
Top Suppliers of Optical Fiber and Bundle to the Philippines in 2022:
- China (155.3 tons)
- India (15.7 tons)
- Hong Kong SAR (9.5 tons)
- Germany (3.5 tons)
- Japan (1.3 tons)
Exports of Optical Fiber and Bundle in the Philippines
For the fourth consecutive year, the Philippines recorded growth in shipments abroad of optical fibers and bundles, which increased by 46% to 120 tons in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,081%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, optical fiber and bundle exports skyrocketed to $24M in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 627%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Optical Fiber and Bundle in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | 0.1 | 22.2 | 22100.0% |
Australia | N/A | 0.9 | 1.5 | 1.3 | 20.2% |
Pakistan | N/A | 0.2 | 2.1 | N/A | 950.0% |
Others | 0.2 | N/A | 0.3 | 0.4 | 26.0% |
Total | 0.2 | 1.1 | 4.1 | 23.9 | 392.6% |
Top Export Markets for Optical Fiber and Bundle from the Philippines in 2022:
- Hong Kong SAR (98.8 tons)
- Australia (19.5 tons)
This report provides an in-depth analysis of the market for optical fiber and bundle in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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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