Hong Kong SAR, China - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOptical Fiber Cables Price in Hong Kong SAR - 2022
Contents:
- Optical Fiber Cables Price in Hong Kong SAR (FOB) - 2022
- Optical Fiber Cables Price in Hong Kong SAR (CIF) - 2022
- Optical Fiber Cables Exports in Hong Kong SAR
- Optical Fiber Cables Imports in Hong Kong SAR
Optical Fiber Cables Price in Hong Kong SAR (FOB) - 2022
The average optical fiber cables export price stood at $16,122 per ton in 2022, declining by -8.7% against the previous year. In general, the export price showed a slight setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 77% against the previous year. As a result, the export price reached the peak level of $28,934 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($16,131 per ton) and the Czech Republic ($16,131 per ton), while the average price for exports to Singapore ($16,131 per ton) and China ($16,131 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.3%), while the prices for the other major destinations experienced a decline.
Optical Fiber Cables Price in Hong Kong SAR (CIF) - 2022
In 2022, the average optical fiber cables import price amounted to $9,705 per ton, flattening at the previous year. In general, the import price, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by 7.3% against the previous year. The import price peaked at $11,371 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($9,709 per ton) and Thailand ($9,707 per ton), while the price for Taiwan (Chinese) ($9,705 per ton) and the United States ($9,706 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.
Optical Fiber Cables Exports in Hong Kong SAR
In 2022, approx. 18K tons of optical fiber cables were exported from Hong Kong SAR; with an increase of 15% compared with the previous year's figure. The total export volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, optical fiber cables exports expanded notably to $285M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Optical Fiber Cables in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 128 | 152 | 122 | 176 | 11.2% |
| China | 22.9 | 32.2 | 47.8 | 31.1 | 10.7% |
| Netherlands | 20.4 | 28.7 | 27.4 | 23.7 | 5.1% |
| South Korea | 0.9 | 3.4 | 4.1 | 7.3 | 100.9% |
| Japan | 4.1 | 8.1 | 6.7 | 5.2 | 8.2% |
| Czech Republic | 2.2 | 3.7 | 3.8 | 4.6 | 27.9% |
| Singapore | 5.1 | 6.7 | 7.2 | 4.5 | -4.1% |
| Argentina | 8.3 | 2.5 | 17.7 | 3.2 | -27.2% |
| Others | 33.8 | 28.0 | 34.4 | 28.9 | -5.1% |
| Total | 226 | 265 | 271 | 285 | 8.0% |
Top Export Markets for Optical Fiber Cables from Hong Kong SAR in 2022:
- United States (10.9K tons)
- China (1.9K tons)
- Netherlands (1.5K tons)
- South Korea (0.5K tons)
- Czech Republic (0.3K tons)
- Singapore (0.3K tons)
- Japan (0.3K tons)
- Argentina (0.2K tons)
Optical Fiber Cables Imports in Hong Kong SAR
In 2022, the amount of optical fiber cables imported into Hong Kong SAR reduced to 17K tons, waning by -14% compared with the previous year's figure. Overall, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 20K tons, and then shrank in the following year.
In value terms, optical fiber cables imports reduced to $165M in 2022. In general, imports saw a perceptible reduction. The pace of growth appeared the most rapid in 2020 with an increase of 4.3% against the previous year. As a result, imports reached the peak of $190M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Optical Fiber Cables in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 132 | 123 | 145 | 129 | -0.8% |
| Thailand | 22.3 | 33.7 | 6.1 | 8.4 | -27.8% |
| Japan | 5.5 | 3.5 | 5.1 | 5.1 | -2.5% |
| United States | 5.0 | 5.4 | 10.2 | 4.6 | -2.7% |
| Taiwan (Chinese) | 3.4 | 2.6 | 5.6 | 3.4 | 0.0% |
| Others | 13.8 | 22.2 | 17.5 | 14.3 | 1.2% |
| Total | 182 | 190 | 189 | 165 | -3.2% |
Top Suppliers of Optical Fiber Cables to Hong Kong SAR in 2022:
- China (13.3K tons)
- Thailand (0.9K tons)
- United States (0.5K tons)
- Japan (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the optical fiber cables market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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