MENA: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in MENA

The MENA's market for optical fibers, bundles and cables dropped to $X in 2022, reducing by X% against the previous year. The total consumption indicated a measured expansion 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 decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Optical Fibers, Bundles and Cables in MENA

In value terms, optical fiber, bundle and cable production declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Optical Fibers, Bundles and Cables

Exports in MENA

In 2022, optical fiber, bundle and cable exports in MENA surged to X tons, picking up by X% on 2021. Overall, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber, bundle and cable exports surged to $X in 2022. In general, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons), the United Arab Emirates (X tons) and Morocco (X tons) represented the largest exporter of optical fibers, bundles and cables in MENA, comprising X% of total export. It was distantly followed by Saudi Arabia (X tons), Israel (X tons) and Tunisia (X tons), together achieving a X% share of total exports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest optical fiber, bundle and cable supplying countries in MENA were Morocco ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports in MENA

In 2022, imports of optical fibers, bundles and cables in MENA declined notably to X tons, with a decrease of X% compared with the previous year's figure. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, optical fiber, bundle and cable imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons), Morocco (X tons), Israel (X tons), Turkey (X tons), Egypt (X tons), Iraq (X tons), Algeria (X tons), Qatar (X tons) and Tunisia (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the United Arab Emirates ($X) and Turkey ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Morocco, Saudi Arabia, Egypt, Tunisia, Qatar, Iraq and Algeria lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform