Canada: Market for Optical Fibers and Bundles 2025

Market Size for Optical Fibers and Bundles in Canada

The Canadian optical fiber and bundle market declined to $X in 2022, reducing by -6.4% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Optical Fibers and Bundles in Canada

In value terms, optical fiber and bundle production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Optical Fibers and Bundles

Exports from Canada

After two years of decline, overseas shipments of optical fibers and bundles increased by 8.1% to X tons in 2022. In general, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by 48%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, optical fiber and bundle exports rose notably to $X in 2022. Over the period under review, exports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2015 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main destinations of optical fiber and bundle exports from Canada, together comprising 57% of total exports. Hong Kong SAR, Japan, the UK, Germany and Thailand lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +15.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and South Korea ($X) were the largest markets for optical fiber and bundle exported from Canada worldwide, together accounting for 57% of total exports. Hong Kong SAR, Japan, the UK, Germany and Thailand lagged somewhat behind, together comprising a further 27%.

Germany, with a CAGR of +18.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average optical fiber and bundle export price amounted to $X per ton, with an increase of 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 5.9%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Thailand ($X per ton), while the average price for exports to Germany ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers and Bundles

Imports into Canada

Optical fiber and bundle imports into Canada soared to X tons in 2022, picking up by 26% against 2021. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber and bundle imports skyrocketed to $X in 2022. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2015 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest optical fiber and bundle supplier to Canada, with a 47% share of total imports. Moreover, optical fiber and bundle imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold. China (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+8.4% per year) and China (+3.3% per year).

In value terms, the United States ($X) constituted the largest supplier of optical fibers and bundles to Canada, comprising 47% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.8% share of total imports. It was followed by India, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+9.0% per year) and India (+190.9% per year).

Import Prices by Country

The average optical fiber and bundle import price stood at $X per ton in 2022, growing by 3.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 6.6%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and France ($X per ton), while the price for Malaysia ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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