EU - Optical Fiber Cables And Bundles - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
EU's Optical Fiber Cable Market - Germany Dominates the European Trade
IndexBox has just published a new report: 'EU - Optical Fiber Cables And Bundles - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The revenue of the optical fiber cable market in the European Union amounted to $2.8B in 2018, rising by 8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market size increased at an average annual rate of +3.3% over the past five years.
Exports in the EU
In 2018, the optical fiber cable exports in the EU totaled $2.7B (IndexBox estimates). The total exports indicated a prominent increase from 2013 to 2018: its value increased at an average annual rate of +10.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, optical fiber cable exports increased by +30.0% against 2014 indices.
Exports by Country
The largest optical fiber cable supplying countries in the European Union were Germany ($515M), France ($409M) and the Netherlands ($343M), together comprising 47% of total exports. Poland, the UK, Romania, Spain and the Czech Republic lagged somewhat behind, together comprising a further 32%.
Romania experienced the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.
Imports in the EU
In 2018, optical fiber cable imports totaled $2.7B (IndexBox estimates). The total imports indicated a remarkable increase from 2013 to 2018: its value increased at an average annual rate of +12.8% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, optical fiber cable imports increased by +41.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 21% y-o-y. Over the period under review, optical fiber cable imports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.
Imports by Country
Germany ($427M), France ($413M) and the Netherlands ($288M) constituted the countries with the highest levels of imports in 2018, together accounting for 42% of total imports. The UK, Italy, Poland, Spain, Sweden, Romania, the Czech Republic, Ireland and Austria lagged somewhat behind, together accounting for a further 43%.
Ireland experienced the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the optical fiber cable market in the EU. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Webinar: Addressing Cooling Challenges in the Oil & Gas Industry - Technology Innovation for Sustainable Development
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 10:00 am ET
Webinar: Global Animal Feed Market - Global Outlook & Insights
Join our live webinar to get insights into the global animal feed market.
Thursday, November 12th, 2020 @ 09:00 am ET