Overview of the Global Market for Optical Fibers, Bundles and Cables

Market Size for Optical Fibers, Bundles and Cables

The global market for optical fibers, bundles and cables fell to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Optical Fibers, Bundles and Cables

In value terms, optical fiber, bundle and cable production fell modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports

For the fourth consecutive year, the global market recorded growth in overseas shipments of optical fibers, bundles and cables, which increased by X% to X tons in 2022. In general, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber, bundle and cable exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Mexico (X tons), India (X tons), France (X tons) and Vietnam (X tons), together achieving a X% share of total exports. The following exporters - the United States (X tons), Japan (X tons), South Korea (X tons), Poland (X tons), Hong Kong SAR (X tons) and Germany (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to optical fiber, bundle and cable exports from China stood at X%. At the same time, Vietnam (X%), Mexico (X%), Hong Kong SAR (X%), India (X%), Poland (X%), France (X%) and Japan (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, South Korea (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.), Mexico (X p.p.), Vietnam (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the global exports, while Japan, Germany, South Korea and the United States saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Mexico ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of global exports. India, Japan, France, Germany, Poland, Hong Kong SAR, South Korea and Vietnam lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for optical fibers, bundles and cables stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Vietnam ($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 other global leaders experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports

In 2022, the amount of optical fibers, bundles and cables imported worldwide rose notably to X tons, increasing by X% compared with the year before. Overall, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, optical fiber, bundle and cable imports skyrocketed to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mexico (X tons), followed by Canada (X tons), Brazil (X tons), the Philippines (X tons) and Indonesia (X tons) represented the key importers of optical fibers, bundles and cables, together comprising X% of total imports. The following importers - France (X tons), the UK (X tons), Germany (X tons), Hong Kong SAR (X tons), Malaysia (X tons), Thailand (X tons), the Netherlands (X tons) and Colombia (X tons) - together made up X% of total imports.

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

In value terms, Mexico ($X), the UK ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of global imports. France, Germany, the Netherlands, the Philippines, Indonesia, Thailand, Brazil, Hong Kong SAR, Malaysia and Colombia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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