Norway: Optical Fiber Cables Market 2025

Optical Fiber Cables Market Size in Norway

In 2022, the Norwegian optical fiber cables market decreased by -46% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Optical Fiber Cables Production in Norway

In value terms, optical fiber cables production dropped modestly to $X in 2022 estimated in export price. In general, production showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 35% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Optical Fiber Cables Exports

Exports from Norway

Optical fiber cables exports from Norway soared to X tons in 2022, rising by 81% compared with 2021. Overall, exports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 82%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, optical fiber cables exports surged to $X in 2022. Over the period under review, exports, however, recorded a slight downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Mauritania (X tons) and the UK (X tons) were the main destinations of optical fiber cables exports from Norway, with a combined 66% share of total exports. The Philippines, Barbados, Canada, Senegal, the United Arab Emirates, Indonesia and Thailand lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of +308.4%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for optical fiber cables exports from Norway, comprising 42% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 16% share of total exports. It was followed by the Philippines, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +240.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (0.0% per year) and the Philippines (+164.9% per year).

Export Prices by Country

The average optical fiber cables export price stood at $X per ton in 2022, with an increase of 48% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Barbados ($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 Cameroon (+377.0%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Norway

In 2022, supplies from abroad of optical fiber cables increased by 21% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% 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 +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, optical fiber cables imports skyrocketed to $X in 2022. In general, imports posted resilient growth. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest optical fiber cables supplier to Norway, with a 32% share of total imports. Moreover, optical fiber cables imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Sweden (X tons), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.1% per year) and Sweden (-8.6% per year).

In value terms, Poland ($X), China ($X) and Germany ($X) were the largest optical fiber cables suppliers to Norway, with a combined 54% share of total imports. The United States, Sweden, the UK, Romania, France, South Korea, Spain, Finland, India and Denmark lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Romania, with a CAGR of +73.4%, saw 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 average optical fiber cables import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical fiber cables import price increased by +65.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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 Poland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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