Pakistan: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Pakistan

The Pakistani optical fiber and bundle market reduced to $X in 2022, with a decrease of -8.4% 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, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Optical Fibers and Bundles

Exports from Pakistan

In 2022, shipments abroad of optical fibers and bundles decreased by -0.2% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 572%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, optical fiber and bundle exports rose rapidly to $X in 2022. In general, exports, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 537%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the Philippines (X tons) and South Africa (X kg) were the main destinations of optical fiber and bundle exports from Pakistan, together accounting for 83% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +24.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for optical fiber and bundle exported from Pakistan were Germany ($X), South Africa ($X) and Ireland ($X), together comprising 95% of total exports.

Germany, with a CAGR of +33.7%, recorded the highest growth rate of the value of exports, among 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

The average optical fiber and bundle export price stood at $X per ton in 2022, growing by 7% against the previous year. In general, the export price posted noticeable growth. The most prominent rate of growth was recorded in 2016 an increase of 101%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Indonesia ($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 Spain (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers and Bundles

Imports into Pakistan

In 2022, approx. X tons of optical fibers and bundles were imported into Pakistan; which is down by -10.8% against the previous year. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, optical fiber and bundle imports shrank to $X in 2022. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 111%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of optical fiber and bundle to Pakistan, accounting for a 67% share of total imports. Moreover, optical fiber and bundle imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.2% per year) and Germany (+24.9% per year).

In value terms, China ($X) constituted the largest supplier of optical fibers and bundles to Pakistan, comprising 74% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by Japan, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.1% per year) and Japan (-6.8% per year).

Import Prices by Country

The average optical fiber and bundle import price stood at $X per ton in 2022, growing by 4.2% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical fiber and bundle import price increased by +73.0% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 49%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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