Report Update: Apr 1, 2024

Lithuania - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights

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Optical Fiber Cables Price in Lithuania - 2023

Optical Fiber Cables Price in Lithuania (CIF) - 2022

In 2022, the average optical fiber cables import price amounted to $10,613 per ton, falling by -37.2% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $16,889 per ton in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($14,559 per ton), while the price for Vietnam ($3,593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.5%), while the prices for the other major suppliers experienced a decline.

Optical Fiber Cables Price in Lithuania (FOB) - 2022

In 2022, the average optical fiber cables export price amounted to $19,885 per ton, reducing by -10% against the previous year. Over the period under review, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2017 an increase of 122% against the previous year. Over the period under review, the average export prices attained the maximum at $31,378 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($94,000 per ton), while the average price for exports to Latvia ($6,562 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 Belarus (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports in Lithuania

Optical fiber cables imports into Lithuania surged to 297 tons in 2022, increasing by 38% compared with the year before. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber cables imports declined to $3.2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69%. As a result, imports reached the peak of $3.6M, and then contracted in the following year.

Import of Optical Fiber Cables in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	871	567	932	892	0.8%
Poland	198	211	267	535	39.3%
Belarus	198	110	153	272	11.2%
Indonesia	N/A	N/A	N/A	265	0%
Netherlands	241	257	252	251	1.4%
Estonia	330	207	73.3	95.5	-33.9%
Vietnam	N/A	N/A	0.3	64.9	21533.3%
Greece	140	N/A	N/A	N/A	0%
Others	579	808	1,972	780	10.4%
Total	2,555	2,160	3,650	3,155	7.3%

Top Suppliers of Optical Fiber Cables to Lithuania in 2022:

China (87.7 tons)
Poland (51.4 tons)
Indonesia (47.1 tons)
Belarus (39.5 tons)
Vietnam (18.1 tons)
Netherlands (17.2 tons)
Estonia (10.8 tons)

Optical Fiber Cables Exports in Lithuania

In 2022, optical fiber cables exports from Lithuania dropped to 56 tons, declining by -3.4% against 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 58 tons, and then contracted slightly in the following year.

In value terms, optical fiber cables exports contracted to $1.1M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Optical Fiber Cables in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tajikistan	N/A	N/A	N/A	250	0%
Turkmenistan	7.4	N/A	N/A	218	208.8%
Russia	538	848	882	145	-35.4%
Latvia	131	110	120	127	-1.0%
Estonia	20.8	33.4	34.6	112	75.3%
Kazakhstan	185	75.3	26.1	64.2	-29.7%
Others	225	385	225	203	-3.4%
Total	1,108	1,452	1,288	1,120	0.4%

Top Export Markets for Optical Fiber Cables from Lithuania in 2022:

Latvia (19.4 tons)
Turkmenistan (17.0 tons)
Estonia (7.3 tons)
Tajikistan (5.3 tons)
Russia (4.4 tons)
Kazakhstan (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical fiber cables market in Lithuania. 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:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023