Denmark: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in Denmark

The Danish optical fiber cables market dropped to $X in 2022, with a decrease of -3.8% against the previous year. In general, consumption, however, showed a perceptible increase. Optical fiber cables consumption peaked at $X in 2021, and then contracted slightly in the following year.

Optical Fiber Cables Production in Denmark

In value terms, optical fiber cables production shrank significantly to $X in 2022 estimated in export price. In general, production continues to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by 14,730%. 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 Denmark

In 2022, overseas shipments of optical fiber cables increased by 85% to X tons, rising for the second year in a row after five years of decline. Overall, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 98% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, optical fiber cables exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 90%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for optical fiber cables exports from Denmark, with a 57% share of total exports. Moreover, optical fiber cables exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-7.0% per year) and Poland (-5.7% per year).

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) were the largest markets for optical fiber cables exported from Denmark worldwide, together comprising 76% of total exports. Norway, the United States, Sweden, the UK, France and the United Arab Emirates lagged somewhat behind, together accounting for a further 11%.

In terms of the main countries of destination, the United States, with a CAGR of +13.3%, 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

The average optical fiber cables export price stood at $X per ton in 2022, shrinking by -9.7% against the previous year. Overall, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2017 an increase of 67% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood 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 France ($X per ton), while the average price for exports to Sweden ($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 France (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Denmark

Optical fiber cables imports into Denmark rose slightly to X tons in 2022, picking up by 3.9% on 2021. In general, imports posted buoyant growth. The growth pace was the most rapid in 2014 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, optical fiber cables imports expanded notably to $X in 2022. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of optical fiber cables to Denmark, accounting for a 32% share of total imports. Moreover, optical fiber cables imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+53.3% per year) and India (+59.0% per year).

In value terms, France ($X), Belgium ($X) and Poland ($X) were the largest optical fiber cables suppliers to Denmark, together accounting for 48% of total imports. These countries were followed by India, China, Germany, the UK, Sweden, Thailand, the Netherlands, Norway, Italy and Turkey, which together accounted for a further 42%.

India, with a CAGR of +49.2%, 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

The average optical fiber cables import price stood at $X per ton in 2022, growing by 9% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of 28%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :