Overview of the Global Market for Optical Fibers, Bundles and Cables

Market Size for Optical Fibers, Bundles and Cables

The global market for optical fibers, bundles and cables declined to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the global market remained at a lower figure.

Production of Optical Fibers, Bundles and Cables

In value terms, optical fiber, bundle and cable production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, global production growth remained at a somewhat lower figure.

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Exports of Optical Fibers, Bundles and Cables

Exports

For the eleventh consecutive year, the global market recorded growth in overseas shipments of optical fibers, bundles and cables, which increased by X% to X tons in 2022. Overall, exports showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, optical fiber, bundle and cable exports skyrocketed to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

China was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Mexico (X tons), India (X tons) and France (X tons), together comprising a X% share of total exports. The United States (X tons), Japan (X tons), South Korea (X tons), Poland (X tons), Hong Kong SAR (X tons), Germany (X tons) and Romania (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to optical fiber, bundle and cable exports from China stood at X%. At the same time, Romania (X%), Mexico (X%), Hong Kong SAR (X%), India (X%), Poland (X%), France (X%) and Japan (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, South Korea (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Mexico (X p.p.) and India (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Japan (X p.p.), Germany (X p.p.), South Korea (X p.p.) and the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Mexico ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of global exports. India, Japan, France, Germany, Poland, Hong Kong SAR, South Korea and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for optical fibers, bundles and cables stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports

In 2022, purchases abroad of optical fibers, bundles and cables decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, optical fiber, bundle and cable imports soared to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mexico (X tons), followed by Canada (X tons), Brazil (X tons), Indonesia (X tons) and the Philippines (X tons) represented the main importers of optical fibers, bundles and cables, together achieving X% of total imports. France (X tons), the UK (X tons), Germany (X tons), Tanzania (X tons), Hong Kong SAR (X tons), the Netherlands (X tons), Thailand (X tons) and Colombia (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the UK ($X) and Canada ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. France, Germany, the Netherlands, the Philippines, Indonesia, Thailand, Brazil, Hong Kong SAR, Colombia and Tanzania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a slight slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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