Czech Republic: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in the Czech Republic

The Czech optical fiber and bundle market contracted to $X in 2022, with a decrease of -11.2% against the previous year. In general, consumption continues to indicate a mild shrinkage. Optical fiber and bundle consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Optical Fibers and Bundles in the Czech Republic

In value terms, optical fiber and bundle production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decrease. The pace of growth was the most pronounced in 2017 with an increase of 59%. Optical fiber and bundle production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Optical Fibers and Bundles

Exports from the Czech Republic

In 2022, shipments abroad of optical fibers and bundles decreased by -14.3% to X tons for the first time since 2013, thus ending a eight-year rising trend. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, optical fiber and bundle exports reached $X in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 120%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Slovakia (X tons) was the main destination for optical fiber and bundle exports from the Czech Republic, accounting for a 66% share of total exports. Moreover, optical fiber and bundle exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+35.0% per year) and the UK (-3.6% per year).

In value terms, Germany ($X) remains the key foreign market for optical fibers and bundles exports from the Czech Republic, comprising 59% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+1.6% per year) and the UK (-9.2% per year).

Export Prices by Country

In 2022, the average optical fiber and bundle export price amounted to $X per ton, surging by 32% against the previous year. In general, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 41%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Slovakia ($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 Germany (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Optical Fibers and Bundles

Imports into the Czech Republic

In 2022, the amount of optical fibers and bundles imported into the Czech Republic reduced remarkably to X tons, with a decrease of -31.8% against the previous year. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 128%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped rapidly in the following year.

In value terms, optical fiber and bundle imports rose to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

India (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of optical fiber and bundle imports to the Czech Republic, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +52.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest optical fiber and bundle suppliers to the Czech Republic were the United States ($X), Germany ($X) and India ($X), together accounting for 75% of total imports.

India, with a CAGR of +66.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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 optical fiber and bundle import price stood at $X per ton in 2022, growing by 50% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The growth pace was the most rapid in 2016 an increase of 53% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 the Netherlands ($X per ton), while the price for India ($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 Netherlands (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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