Latvia: Optical Fiber Cables Market 2020

Optical Fiber Cables Market Size in Latvia

The revenue of the optical fiber cables market in Latvia amounted to $X in 2018, 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, optical fiber cables consumption continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. In that year, the optical fiber cables market attained its peak level of $X. From 2014 to 2018, the growth of the optical fiber cables market remained at a somewhat lower figure.

Optical Fiber Cables Exports

Exports from Latvia

Optical fiber cables exports from Latvia stood at X tons in 2018, coming down by -X% against the previous year. Overall, optical fiber cables exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. In that year, optical fiber cables exports attained their peak of X tons. From 2009 to 2018, the growth of optical fiber cables exports remained at a lower figure.

In value terms, optical fiber cables exports amounted to $X in 2018. Overall, optical fiber cables exports, however, continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, optical fiber cables exports reached their maximum at $X in 2017, and then declined slightly in the following year.

Exports by Country

China was the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by the U.S. (X tons), Mexico (X tons), France (X tons) and Germany (X tons), together making up a X% share of total exports. The following exporters - Norway (X tons), South Korea (X tons), Japan (X tons), Poland (X tons), Spain (X tons) and the Netherlands (X tons) - together made up X% 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, China ($X), the U.S. ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. France, Germany, the Netherlands, South Korea, Poland, Japan, Norway, Spain and Latvia lagged somewhat behind, together accounting for 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

The optical fiber cables export price in Latvia stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the optical fiber cables export price continues to indicate remarkable growth. The pace of growth was the most pronounced in 2009 when the export price increased by X% year-to-year. Over the period under review, the export prices for optical fiber cables attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Latvia

In 2018, the optical fiber cables imports into Latvia stood at X tons, growing by X% against the previous year. Over the period under review, optical fiber cables imports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. In that year, optical fiber cables imports reached their peak of X tons. From 2014 to 2018, the growth of optical fiber cables imports failed to regain its momentum.

In value terms, optical fiber cables imports totaled $X in 2018. In general, optical fiber cables imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, optical fiber cables imports reached their peak of $X. From 2014 to 2018, the growth of optical fiber cables imports remained at a lower figure.

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

In the U.S., optical fiber cables imports expanded at an average annual rate of +X% over the period from 2007-2018. 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 Latvia amounted to $X per ton, rising by X% against the previous year. Overall, the optical fiber cables import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, the import prices for optical fiber cables attained their maximum at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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