Republic of Korea - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingOptical Fiber Cables Price in South Korea - 2022
Contents:
- Optical Fiber Cables Price in South Korea (FOB) - 2022
- Optical Fiber Cables Price in South Korea (CIF) - 2022
- Optical Fiber Cables Exports in South Korea
- Optical Fiber Cables Imports in South Korea
Optical Fiber Cables Price in South Korea (FOB) - 2022
In 2022, the average optical fiber cables export price amounted to $16,939 per ton, with a decrease of -10.8% against the previous year. In general, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $18,998 per ton in 2021, and then contracted in the following year.
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 the UK ($31,589 per ton), while the average price for exports to Oman ($3,786 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 the UK (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Fiber Cables Price in South Korea (CIF) - 2022
In December 2022, the average optical fiber cables import price amounted to $18,844 per ton, increasing by 7.8% against the previous month. Over the period under review, the import price continues to indicate a mild expansion. The pace of growth appeared the most rapid in March 2022 an increase of 73% m-o-m. As a result, import price reached the peak level of $52,930 per ton. From April 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($15,729 per ton), while the price for Vietnam amounted to $8,545 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%).
Optical Fiber Cables Exports in South Korea
In 2022, approx. 27K tons of optical fiber cables were exported from South Korea; picking up by 1.8% against 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8.1% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, optical fiber cables exports shrank to $459M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23%. As a result, the exports attained the peak of $506M, and then reduced in the following year.
| Export of Optical Fiber Cables in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.1 | 23.9 | 54.2 | 82.1 | 116.4% |
| Mexico | 9.6 | 12.6 | 20.9 | 17.1 | 21.2% |
| France | 27.3 | 26.6 | 26.5 | 11.3 | -25.5% |
| United Kingdom | 0.4 | 0.9 | 5.0 | 8.0 | 171.4% |
| China | 5.8 | 6.2 | 14.2 | 6.9 | 6.0% |
| Australia | 2.9 | 5.4 | 13.4 | 4.8 | 18.3% |
| Singapore | 5.8 | 2.6 | 2.9 | 4.8 | -6.1% |
| Saudi Arabia | 9.0 | 5.4 | 3.5 | 4.5 | -20.6% |
| Indonesia | 6.3 | 4.5 | 3.1 | 3.5 | -17.8% |
| Portugal | 4.5 | 10.3 | 13.3 | 3.0 | -12.6% |
| Myanmar | 1.2 | 0.5 | 0.1 | 2.7 | 31.0% |
| United Arab Emirates | 1.4 | 3.6 | 2.3 | 1.7 | 6.7% |
| Oman | 0.6 | 1.1 | 2.9 | 1.4 | 32.6% |
| Others | 331 | 309 | 343 | 307 | -2.5% |
| Total | 414 | 413 | 506 | 459 | 3.5% |
Top Export Markets for Optical Fiber Cables from South Korea in 2022:
- United States (3.0K tons)
- Mexico (1.0K tons)
- France (0.7K tons)
- Indonesia (0.6K tons)
- Singapore (0.6K tons)
- Myanmar (0.5K tons)
- Saudi Arabia (0.4K tons)
- Australia (0.4K tons)
- Portugal (0.4K tons)
- Oman (0.4K tons)
- China (0.4K tons)
- United Kingdom (0.3K tons)
- United Arab Emirates (0.3K tons)
Optical Fiber Cables Imports in South Korea
In 2022, imports of optical fiber cables into South Korea shrank to 6.5K tons, with a decrease of -13.4% on the year before. The total import volume increased at an average annual rate of +1.0% from 2019 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 2021 with an increase of 37%. As a result, imports attained the peak of 7.5K tons, and then contracted in the following year.
In value terms, optical fiber cables imports shrank to $127M in 2022. Overall, imports saw a mild downturn. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports reached the peak of $146M, and then shrank in the following year.
| Import of Optical Fiber Cables in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.3 | 25.4 | 38.6 | 30.2 | -6.8% |
| Vietnam | 6.9 | 7.1 | 8.6 | 6.7 | -1.0% |
| United States | 5.4 | 6.0 | 8.3 | 3.6 | -12.6% |
| Japan | 2.3 | 4.4 | 6.6 | 3.1 | 10.5% |
| Sweden | 0.2 | 0.2 | 0.3 | 1.2 | 81.7% |
| Others | 81.2 | 64.2 | 83.6 | 81.7 | 0.2% |
| Total | 133 | 107 | 146 | 127 | -1.5% |
Top Suppliers of Optical Fiber Cables to South Korea in 2022:
- United States (undefinedK tons)
- China (1.9K tons)
- Vietnam (0.8K tons)
- Sweden (0.1K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the optical fiber cables market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
454
This report provides an in-depth analysis of the optical fiber cables market in Republic of Korea.
278
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Republic of Korea.
1405
This report provides an in-depth analysis of the wire and cable market in Republic of Korea.
338
This report provides an in-depth analysis of the insulated coaxial cable market in Republic of Korea.
508
This report provides an in-depth analysis of the winding wire market in Republic of Korea.
297
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Republic of Korea.
273
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Republic of Korea.
3614
This report provides an in-depth analysis of the global optical fiber cables market.
701
This report provides an in-depth analysis of the global market for optical fiber, bundle and cable.
5683
This report provides an in-depth analysis of the global wire and cable market.
326
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
928
As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables. In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.
926
The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...
440
The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close
240
Explore the top import markets for optical fiber, bundles, and cables in the world. Discover key statistics and import values for countries such as the United States, Mexico, United Kingdom, and more. Stay informed on the global landscape of communication infrastructure.
437
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
920
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12058
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
1989
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
141
Explore the world's best import markets for wiring sets used in vehicles, aircraft, or ships. Learn about the key statistics and import values of the top countries. Stay informed with IndexBox market intelligence platform.
