Sweden: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Sweden

The Swedish market for optical fibers, bundles and cables shrank rapidly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a noticeable expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Optical Fibers, Bundles and Cables in Sweden

In value terms, optical fiber, bundle and cable production declined to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Optical fiber, bundle and cable production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Optical Fibers, Bundles and Cables

Exports from Sweden

In 2022, shipments abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, optical fiber, bundle and cable exports expanded sharply to $X in 2022. In general, exports continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for optical fiber, bundle and cable exports from Sweden, accounting for a X% share of total exports. Moreover, optical fiber, bundle and cable exports to the UK exceeded the volume sent to the second major destination, Norway (X tons), threefold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

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

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

Export Prices by Country

In 2022, the average export price for optical fibers, bundles and cables amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

Imports of Optical Fibers, Bundles and Cables

Imports into Sweden

In 2022, approx. X tons of optical fibers, bundles and cables were imported into Sweden; which is down by X% on 2021 figures. Over the period under review, imports showed a mild setback. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, optical fiber, bundle and cable imports reduced rapidly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), India (X tons) and Poland (X tons) were the main suppliers of optical fiber, bundle and cable imports to Sweden, together comprising X% of total imports. China, Tunisia, Israel, Finland, South Korea, Norway, Japan, Mexico, Spain and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest optical fiber, bundle and cable suppliers to Sweden were China ($X), India ($X) and Poland ($X), with a combined X% share of total imports. Germany, South Korea, Tunisia, Japan, Israel, Belgium, Norway, Mexico, Finland and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Tunisia, 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

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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