China: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in China

The Chinese optical fiber cables market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, saw a perceptible reduction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Optical Fiber Cables Production in China

In value terms, optical fiber cables production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Optical fiber cables production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Optical Fiber Cables Exports

Exports from China

In 2022, the amount of optical fiber cables exported from China totaled X tons, with an increase of X% against the previous year. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, optical fiber cables exports rose sharply to $X in 2022. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil (X tons), the Philippines (X tons) and Indonesia (X tons) were the main destinations of optical fiber cables exports from China, with a combined X% share of total exports.

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

In value terms, the United States ($X), the Philippines ($X) and Mexico ($X) appeared to be the largest markets for optical fiber cables exported from China worldwide, together accounting for X% of total exports. Indonesia, Brazil, Thailand, the Netherlands, Argentina, Malaysia, Chile, Colombia, Peru and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 cables export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Brazil ($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 (X%), while the prices for the other major destinations experienced a decline.

Optical Fiber Cables Imports

Imports into China

In 2022, the amount of optical fiber cables imported into China fell to X tons, declining by X% on 2021 figures. In general, imports, however, showed mild growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, optical fiber cables imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest optical fiber cables supplier to China, with a X% share of total imports. Moreover, optical fiber cables imports from the United States exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was held by Norway (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Norway (X% per year).

In value terms, the United States ($X), Vietnam ($X) and Japan ($X) constituted the largest optical fiber cables suppliers to China, together comprising X% of total imports.

In terms of the main suppliers, Vietnam, 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

The average optical fiber cables import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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

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

Source: IndexBox Platform

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