Report Update Nov 1, 2024

Singapore - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Optical Fiber Cables Market 2024

Optical Fiber Cables Exports

Exports from Singapore

In 2022, exports of optical fiber cables from Singapore surged to X tons, jumping by 134% compared with the previous year's figure. Over the period under review, exports enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 177%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, optical fiber cables exports skyrocketed to $X in 2022. Overall, exports saw a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Philippines (X tons), Indonesia (X tons) and Malaysia (X tons) were the main destinations of optical fiber cables exports from Singapore, together comprising 63% of total exports. Hong Kong SAR, China, Bangladesh, the United States, Thailand and Saudi Arabia lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +54.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Malaysia ($X) and Indonesia ($X) constituted the largest markets for optical fiber cables exported from Singapore worldwide, together comprising 48% of total exports. China, Hong Kong SAR, the United States, Thailand, Bangladesh and Saudi Arabia lagged somewhat behind, together accounting for a further 21%.

Bangladesh, with a CAGR of +38.0%, saw the highest rates of growth with regard to 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

In 2022, the average optical fiber cables export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2020 an increase of 119% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 China ($X per ton), while the average price for exports to Saudi Arabia ($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 Thailand (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Singapore

In 2022, purchases abroad of optical fiber cables was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports posted strong growth. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, optical fiber cables imports soared to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of optical fiber cables imports to Singapore, together accounting for 77% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +22.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of optical fiber cables to Singapore, comprising 33% of total imports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+18.4% per year) and Taiwan (Chinese) (+11.3% per year).

Import Prices by Country

In 2022, the average optical fiber cables import price amounted to $X per ton, with a decrease of -17.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical fiber cables in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, with a combined 28% share of global consumption. These countries were followed by Mexico, Indonesia, Kuwait, Russia, the Philippines, Germany, Canada, Turkey, the UK and France, which together accounted for a further 37%.

What are the largest producers of optical fiber cables in the world?

China remains the largest optical fiber cables producing country worldwide, accounting for 37% of total volume. Moreover, optical fiber cables production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Mexico, with a 6.8% share.

What are the leading suppliers of optical fiber cables to Singapore?

In value terms, the largest optical fiber cables suppliers to Singapore were China, South Korea and Taiwan Chinese), with a combined 68% share of total imports. These countries were followed by France, Vietnam, Japan and the Netherlands, which together accounted for a further 12%.

What are the leading importers of optical fiber cables from Singapore?

In value terms, the largest markets for optical fiber cables exported from Singapore were Indonesia, the Philippines and Vietnam, together accounting for 45% of total exports. China, Thailand, Malaysia, Taiwan Chinese), Myanmar, Solomon Islands, Saudi Arabia, Bangladesh and Maldives lagged somewhat behind, together accounting for a further 28%.

What is the average export price for optical fiber cables in Singapore?

The average optical fiber cables export price stood at $17,167 per ton in 2021, waning by -24.9% against the previous year.

What is the average import price for optical fiber cables in Singapore?

The average optical fiber cables import price stood at $16,624 per ton in 2021, waning by -11.4% against the previous year.

This report provides an in-depth analysis of the optical fiber cables market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023