Ecuador: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Ecuador

The Ecuadorian market for optical fibers, bundles and cables surged to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Optical fiber, bundle and cable consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Optical Fibers, Bundles and Cables

Exports from Ecuador

In 2022, optical fiber, bundle and cable exports from Ecuador soared to X tons, with an increase of X% against 2021 figures. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, optical fiber, bundle and cable exports skyrocketed to $X in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Colombia (X tons), Germany (X tons) and Peru (X tons) were the main destinations of optical fiber, bundle and cable exports from Ecuador, together comprising X% of total exports. Panama, Spain, Greece and China lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for optical fiber, bundle and cable exported from Ecuador were Peru ($X), Colombia ($X) and Germany ($X), with a combined X% share of total exports. Panama, Greece, Spain and China lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Greece, with a CAGR of X%, recorded 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 export price for optical fibers, bundles and cables stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 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 Peru ($X per ton), while the average price for exports to China ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports into Ecuador

In 2022, optical fiber, bundle and cable imports into Ecuador stood at X tons, surging by X% against the previous year's figure. Over the period under review, imports enjoyed strong growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber, bundle and cable imports skyrocketed to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber, bundle and cable supplier to Ecuador, accounting for a X% share of total imports. Moreover, optical fiber, bundle and cable imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Mexico (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 China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of optical fibers, bundles and cables to Ecuador, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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