Report Update Nov 1, 2024

Bangladesh - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Optical Fiber Cables Market 2024

Optical Fiber Cables Exports

Exports from Bangladesh

In 2022, overseas shipments of optical fiber cables increased by 16% to X kg, rising for the second consecutive year after five years of decline. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,159% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, optical fiber cables exports shrank markedly to $X in 2022. In general, exports posted a noticeable expansion. The growth pace was the most rapid in 2015 with an increase of 1,379%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for optical fiber cables exports from Bangladesh, accounting for a 60% share of total exports. Moreover, optical fiber cables exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), twofold. India (X kg) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (0.0% per year) and India (+24.1% per year).

In value terms, China ($X) remains the key foreign market for optical fiber cables exports from Bangladesh, comprising 88% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 6.4% share of total exports. It was followed by Indonesia, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (0.0% per year) and Indonesia (-12.8% per year).

Export Prices by Country

The average optical fiber cables export price stood at $X per ton in 2022, falling by -30.3% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 20%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Spain ($X 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 China (-5.4%), while the prices for the other major destinations experienced a decline.

Optical Fiber Cables Imports

Imports into Bangladesh

In 2022, approx. X tons of optical fiber cables were imported into Bangladesh; picking up by 6.1% compared with 2021 figures. Overall, imports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2018 with an increase of 56%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, optical fiber cables imports fell to $X in 2022. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 59%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber cables supplier to Bangladesh, with a 76% share of total imports. Moreover, optical fiber cables imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), ninefold. The third position in this ranking was held by Spain (X tons), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+24.8% per year) and Spain (+14.5% per year).

In value terms, China ($X) constituted the largest supplier of optical fiber cables to Bangladesh, comprising 60% of total imports. The second position in the ranking was taken by India ($X), with a 16% share of total imports. It was followed by Singapore, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.0% per year) and Singapore (+27.4% per year).

Import Prices by Country

In 2022, the average optical fiber cables import price amounted to $X per ton, dropping by -7.1% against the previous year. Overall, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a 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 India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical fiber cables in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 28% of global consumption. Mexico, Indonesia, Kuwait, Russia, the Philippines, Germany, Canada, Turkey, the UK and France lagged somewhat behind, together comprising a further 37%.

What are the largest producers of optical fiber cables in the world?

The country with the largest volume of optical fiber cables production was China, accounting for 37% of total volume. Moreover, optical fiber cables production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Mexico, with a 6.8% share.

What are the leading suppliers of optical fiber cables to Bangladesh?

In value terms, China constituted the largest supplier of optical fiber cables to Bangladesh, comprising 64% of total imports. The second position in the ranking was occupied by India, with a 27% share of total imports. It was followed by Singapore, with a 2.4% share.

What are the leading importers of optical fiber cables from Bangladesh?

In value terms, China remains the key foreign market for optical fiber cables exports from Bangladesh, comprising 74% of total exports. The second position in the ranking was occupied by Singapore $176), with a 13% share of total exports. It was followed by Indonesia, with an 11% share.

What is the average export price for optical fiber cables in Bangladesh?

In 2021, the average optical fiber cables export price amounted to $18,522 per ton, shrinking by -6.8% against the previous year.

What is the average import price for optical fiber cables in Bangladesh?

In 2021, the average optical fiber cables import price amounted to $7,020 per ton, increasing by 3.2% against the previous year.

This report provides an in-depth analysis of the optical fiber cables market in Bangladesh. 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 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023