Belarus: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in Belarus

The Belarusian optical fiber cables market contracted to $X in 2022, shrinking by -15% against the previous year. Overall, consumption saw a mild downturn. Optical fiber cables consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Optical Fiber Cables Production in Belarus

In value terms, optical fiber cables production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 44% against the previous year. Optical fiber cables production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Optical Fiber Cables Exports

Exports from Belarus

In 2022, overseas shipments of optical fiber cables decreased by -2.1% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, optical fiber cables exports rose remarkably to $X in 2022. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 53%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for optical fiber cables exports from Belarus, accounting for a 61% share of total exports. Moreover, optical fiber cables exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), sevenfold. Ukraine (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+25.6% per year) and Ukraine (+141.3% per year).

In value terms, Russia ($X) remains the key foreign market for optical fiber cables exports from Belarus, comprising 58% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 8.8% share of total exports. It was followed by Ukraine, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+25.3% per year) and Ukraine (+164.4% per year).

Export Prices by Country

The average optical fiber cables export price stood at $X per ton in 2022, rising by 14% against the previous year. Over the period under review, the export price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 an increase of 20%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkmenistan ($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 Ukraine (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Belarus

In 2022, purchases abroad of optical fiber cables decreased by -23.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2017 when imports increased by 119% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, optical fiber cables imports shrank notably to $X in 2022. Over the period under review, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 55% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons), China (X tons) and Slovakia (X tons) were the main suppliers of optical fiber cables imports to Belarus, together comprising 92% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +98.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Israel ($X) were the largest optical fiber cables suppliers to Belarus, with a combined 75% share of total imports. These countries were followed by France and Slovakia, which together accounted for a further 9.5%.

France, with a CAGR of +68.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average optical fiber cables import price amounted to $X per ton, rising by 7.4% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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