Finland: Market for Optical Fibers, Bundles and Cables 2025

Market Size for Optical Fibers, Bundles and Cables in Finland

The Finnish market for optical fibers, bundles and cables contracted sharply to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a abrupt contraction. Optical fiber, bundle and cable consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Optical Fibers, Bundles and Cables in Finland

In value terms, optical fiber, bundle and cable production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Finland

In 2022, shipments abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber, bundle and cable exports dropped rapidly to $X in 2022. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Estonia (X tons), Germany (X tons) and Sweden (X tons) were the main destinations of optical fiber, bundle and cable exports from Finland, together accounting for X% of total exports. The United States, Latvia, Switzerland, the United Arab Emirates, Hong Kong SAR, France, Lithuania, the Netherlands, Iceland and Norway lagged somewhat behind, together accounting for 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 Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for optical fibers, bundles and cables exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2022, the average export price for optical fibers, bundles and cables amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum 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 the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 Latvia (X%), while the prices for the other major destinations experienced a decline.

Imports of Optical Fibers, Bundles and Cables

Imports into Finland

In 2022, supplies from abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, optical fiber, bundle and cable imports skyrocketed to $X in 2022. Overall, total imports indicated a tangible expansion 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. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of optical fiber, bundle and cable imports to Finland, together accounting for X% of total imports. Slovakia, Estonia, Switzerland, Spain, the Netherlands, the United States, Turkey and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest optical fiber, bundle and cable suppliers to Finland were Sweden ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total imports. China, Estonia, the United States, Spain, Switzerland, Slovakia, the UK and Turkey lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% 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 stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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