Croatia: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Croatia

For the third consecutive year, the Croatian market for optical fibers, bundles and cables recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed a strong expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Optical Fibers, Bundles and Cables in Croatia

In value terms, optical fiber, bundle and cable production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a sharp curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Optical fiber, bundle and cable production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Croatia

In 2022, overseas shipments of optical fibers, bundles and cables decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, optical fiber, bundle and cable exports surged to $X in 2022. In general, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for optical fiber, bundle and cable exports from Croatia, accounting for a X% share of total exports. Moreover, optical fiber, bundle and cable exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X tons), threefold. The third position in this ranking was held by Iran (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Iran (X% per year).

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Iran ($X) were the largest markets for optical fiber, bundle and cable exported from Croatia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Slovenia, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 export price for optical fibers, bundles and cables amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed perceptible growth. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Optical Fibers, Bundles and Cables

Imports into Croatia

For the third consecutive year, Croatia recorded growth in purchases abroad of optical fibers, bundles and cables, which increased by X% to X tons in 2022. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, optical fiber, bundle and cable imports surged to $X in 2022. Over the period under review, imports saw a strong increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Romania (X tons) constituted the largest optical fiber, bundle and cable supplier to Croatia, with a X% share of total imports. Moreover, optical fiber, bundle and cable imports from Romania exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Romania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

In value terms, Poland ($X), Germany ($X) and China ($X) appeared to be the largest optical fiber, bundle and cable suppliers to Croatia, together comprising X% of total imports. Slovenia, Romania, Morocco, Belgium and Turkey lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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