Japan: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in Japan

In 2022, the Japanese optical fiber cables market decreased by -11.7% to $X, falling for the second year in a row after three years of growth. In general, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -30.8% against 2020 indices. Optical fiber cables consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Optical Fiber Cables Production in Japan

In value terms, optical fiber cables production expanded sharply to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 29%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Optical Fiber Cables Exports

Exports from Japan

In 2022, overseas shipments of optical fiber cables increased by 38% to X tons, rising for the second year in a row after three years of decline. In general, exports continue to indicate measured growth. The pace of growth was the most pronounced in 2021 with an increase of 137%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, optical fiber cables exports skyrocketed to $X in 2022. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Indonesia (X tons) was the main destination for optical fiber cables exports from Japan, with a 65% share of total exports. Moreover, optical fiber cables exports to Indonesia exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. The UK (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at +32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.2% per year) and the UK (+15.7% per year).

In value terms, the United States ($X) remains the key foreign market for optical fiber cables exports from Japan, comprising 39% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 16% share of total exports. It was followed by the UK, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+27.3% per year) and the UK (+20.5% per year).

Export Prices by Country

In 2022, the average optical fiber cables export price amounted to $X per ton, waning by -11.4% against the previous year. In general, the export price, however, showed a modest increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average 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 ($X per ton), while the average price for exports to Indonesia ($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 Tanzania (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Japan

In 2022, after five years of growth, there was significant decline in purchases abroad of optical fiber cables, when their volume decreased by -15.6% to X tons. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped notably in the following year.

In value terms, optical fiber cables imports dropped to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 22% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber cables supplier to Japan, with a 57% share of total imports. Moreover, optical fiber cables imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-3.8% per year) and South Korea (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of optical fiber cables to Japan, comprising 45% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 15% share of total imports. It was followed by the United States, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.5% per year) and the United States (+4.6% per year).

Import Prices by Country

The average optical fiber cables import price stood at $X per ton in 2022, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 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 Thailand ($X per ton), while the price for China ($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 United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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