Iceland: Optical Fiber Cables Market 2020

Optical Fiber Cables Market Size in Iceland

The revenue of the optical fiber cables market in Iceland amounted to $X in 2018, picking up 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). In general, optical fiber cables consumption, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Iceland optical fiber cables consumption peaked in 2018 and is likely to continue its growth in the near future.

Optical Fiber Cables Exports

Exports from Iceland

Optical fiber cables exports from Iceland amounted to X kg in 2018, picking up by X% against the previous year. Over the period under review, optical fiber cables exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Iceland exports peaked at X kg in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, optical fiber cables exports amounted to $X in 2018. In general, optical fiber cables exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. In that year, optical fiber cables exports attained their peak of $X. From 2009 to 2018, the growth of optical fiber cables exports failed to regain its momentum.

Exports by Country

In 2018, China (X tons) was the key exporter of optical fiber cables, comprising X% of total exports. The U.S. (X tons) occupied the second position in the ranking, followed by Mexico (X tons), France (X tons) and Germany (X tons). All these countries together held approx. X% share of total exports. Norway (X tons), South Korea (X tons), Japan (X tons), Poland (X tons), Spain (X tons) and the Netherlands (X tons) took a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to optical fiber cables exports from China stood at +X%. At the same time, Norway (+X%), Poland (+X%), Mexico (+X%), South Korea (+X%), the U.S. (+X%), Spain (+X%), the Netherlands (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. While the share of China (+X p.p.), the U.S. (+X p.p.), Mexico (+X p.p.), Norway (+X p.p.), South Korea (+X p.p.), Poland (+X p.p.) and Germany (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest optical fiber cables markets from Iceland were China ($X), the U.S. ($X) and Mexico ($X), together comprising X% of total exports. France, Germany, the Netherlands, South Korea, Poland, Japan, Norway, Spain and Iceland lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the optical fiber cables export price in Iceland amounted to $X per ton, rising by X% against the previous year. Over the period under review, the optical fiber cables export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the export price increased by X% year-to-year. Over the period under review, the export prices for optical fiber cables reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Iceland

In 2018, approx. X tons of optical fiber cables were imported into Iceland; lowering by -X% against the previous year. In general, optical fiber cables imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. In that year, optical fiber cables imports reached their peak of X tons. From 2009 to 2018, the growth of optical fiber cables imports remained at a lower figure.

In value terms, optical fiber cables imports totaled $X in 2018. Overall, optical fiber cables imports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Over the period under review, optical fiber cables imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

The countries with the highest levels of optical fiber cables imports in 2018 were Mexico (X tons), the U.S. (X tons), Thailand (X tons), Indonesia (X tons), Singapore (X tons), South Africa (X tons), the Philippines (X tons), Brazil (X tons), Germany (X tons), Russia (X tons), France (X tons) and India (X tons), together accounting for X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Africa, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported optical fiber cables into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the optical fiber cables import price in Iceland amounted to $X per ton, going up by X% against the previous year. Overall, the optical fiber cables import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for optical fiber cables reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform