Malaysia: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Malaysia

The Malaysian market for optical fibers, bundles and cables skyrocketed to $X in 2022, jumping by X% against the previous year. In general, the total consumption indicated a measured increase 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. Based on 2022 figures, consumption increased by X% against 2018 indices. Optical fiber, bundle and cable consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Optical Fibers, Bundles and Cables in Malaysia

In value terms, optical fiber, bundle and cable production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Optical fiber, bundle and cable production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Malaysia

In 2022, overseas shipments of optical fibers, bundles and cables increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, optical fiber, bundle and cable exports stood at $X in 2022. Over the period under review, exports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brunei Darussalam (X tons), Singapore (X tons) and Australia (X tons) were the main destinations of optical fiber, bundle and cable exports from Malaysia, with a combined X% share of total exports. The United States, India, Hong Kong SAR, Romania and the United Arab Emirates 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 Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for optical fibers, bundles and cables stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Brunei Darussalam ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Optical Fibers, Bundles and Cables

Imports into Malaysia

In 2022, optical fiber, bundle and cable imports into Malaysia expanded to X tons, growing by X% on the year before. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, optical fiber, bundle and cable imports surged to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber, bundle and cable supplier to Malaysia, accounting for a X% share of total imports. Moreover, optical fiber, bundle and cable imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of optical fibers, bundles and cables to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Thailand (X% per year).

Import Prices by Country

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a abrupt slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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