Luxembourg: Optical Fiber Cables Market 2024

Optical Fiber Cables Exports

Exports from Luxembourg

In 2022, shipments abroad of optical fiber cables decreased by -14.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2020 with an increase of 106%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, optical fiber cables exports reached $X in 2022. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 94%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X kg) and Turkey (X kg) were the main destinations of optical fiber cables exports from Luxembourg, together comprising 52% of total exports. These countries were followed by Italy, Portugal, France, Spain, Switzerland, the UK, South Africa, Sweden, Oman and China, which together accounted for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +35.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for optical fiber cables exported from Luxembourg were Germany ($X), Italy ($X) and France ($X), with a combined 39% share of total exports. Portugal, Spain, the UK, Belgium, Turkey, South Africa, Switzerland, Sweden, China and Oman lagged somewhat behind, together accounting for a further 38%.

Portugal, with a CAGR of +45.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average optical fiber cables export price amounted to $X per ton, surging by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 53%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($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 China (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Luxembourg

In 2022, overseas purchases of optical fiber cables increased by 14% to X tons, rising for the third year in a row after two years of decline. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.8% 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 +46.1% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 48%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, optical fiber cables imports contracted to $X in 2022. Over the period under review, imports posted a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of optical fiber cables to Luxembourg, with a 65% share of total imports. Moreover, optical fiber cables imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by Greece (X tons), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.8% per year) and Greece (+20.2% per year).

In value terms, Germany ($X) constituted the largest supplier of optical fiber cables to Luxembourg, comprising 61% of total imports. The second position in the ranking was held by Belgium ($X), with a 7.3% share of total imports. It was followed by Japan, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.0% per year) and Japan (+3.7% per year).

Import Prices by Country

The average optical fiber cables import price stood at $X per ton in 2022, reducing by -22.3% against the previous year. Over the period under review, the import price saw a pronounced contraction. The growth pace was the most rapid in 2021 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Greece ($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 (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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