EU: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in the EU

The EU optical fiber and bundle market reduced sharply to $X in 2022, which is down by -18.8% against the previous year. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.1% 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 +4.0% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Optical Fibers and Bundles in the EU

In value terms, optical fiber and bundle production shrank remarkably to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +16.9% against 2020 indices. The growth pace was the most rapid in 2021 when the production volume increased by 39% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Optical Fibers and Bundles

Exports in the EU

In 2022, shipments abroad of optical fibers and bundles decreased by -13.9% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, optical fiber and bundle exports amounted to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.6% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Italy (X tons), distantly followed by the Netherlands (X tons), Romania (X tons), Germany (X tons), France (X tons), Poland (X tons), the Czech Republic (X tons) and Austria (X tons) represented the major exporters of optical fibers and bundles, together committing 90% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +65.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest optical fiber and bundle supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), together comprising 58% of total exports. France, Romania, the Czech Republic, Austria and Poland lagged somewhat behind, together accounting for a further 18%.

Among the main exporting countries, Romania, with a CAGR of +80.4%, saw the highest rates of growth with regard to 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 export price in the European Union stood at $X per ton in 2022, with an increase of 19% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.1%), while the other leaders experienced more modest paces of growth.

Imports of Optical Fibers and Bundles

Imports in the EU

In 2022, approx. X tons of optical fibers and bundles were imported in the European Union; with an increase of 21% on the previous year's figure. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, optical fiber and bundle imports expanded significantly to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.5% 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 +31.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Romania (X tons), distantly followed by France (X tons), Spain (X tons), Poland (X tons), Italy (X tons) and Germany (X tons) were the main importers of optical fibers and bundles, together committing 82% of total imports. The Netherlands (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of +40.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, with a combined 50% share of total imports.

Romania, with a CAGR of +37.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, waning by -9.1% against the previous year. In general, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2016 an increase of 3%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Spain ($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 (+7.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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