Republic of Korea: Market for Optical Fibers, Bundles and Cables 2025

Market Size for Optical Fibers, Bundles and Cables in Republic of Korea

The South Korean market for optical fibers, bundles and cables reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a relatively flat trend pattern. Optical fiber, bundle and cable consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Optical Fibers, Bundles and Cables in Republic of Korea

In value terms, optical fiber, bundle and cable production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Optical fiber, bundle and cable production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Optical Fibers, Bundles and Cables

Exports from Republic of Korea

In 2022, shipments abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, saw a pronounced curtailment. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber, bundle and cable exports surged to $X in 2022. Overall, exports, however, saw a mild setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for optical fiber, bundle and cable exports from South Korea, accounting for a X% share of total exports. Moreover, optical fiber, bundle and cable exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), eightfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and France (X% per year).

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

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

Export Prices by Country

In 2022, the average export price for optical fibers, bundles and cables amounted to $X per ton, waning by X% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price 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, optical fiber, bundle and cable export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 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 India ($X per ton), while the average price for exports to Oman ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports into Republic of Korea

In 2022, optical fiber, bundle and cable imports into South Korea dropped slightly to X tons, with a decrease of X% against 2021. Overall, imports, however, saw a measured increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank slightly in the following year.

In value terms, optical fiber, bundle and cable imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber, bundle and cable supplier to South Korea, with a X% share of total imports. Moreover, optical fiber, bundle and cable imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Japan (X% per year).

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

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

Import Prices by Country

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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