Philippines - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOptical Fiber Cables Price in the Philippines - 2023
Contents:
- Optical Fiber Cables Price in the Philippines (CIF) - 2022
- Optical Fiber Cables Price in the Philippines (FOB) - 2022
- Optical Fiber Cables Imports in the Philippines
- Optical Fiber Cables Exports in the Philippines
Optical Fiber Cables Price in the Philippines (CIF) - 2022
In 2022, the average optical fiber cables import price amounted to $6,343 per ton, growing by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 77% against the previous year. Over the period under review, average import prices reached the peak figure at $7,218 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($9,435 per ton), while the price for Myanmar ($3,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Optical Fiber Cables Price in the Philippines (FOB) - 2022
The average optical fiber cables export price stood at $14,949 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2014 an increase of 50%. The export price peaked at $23,813 per ton in 2012; however, from 2013 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 the United States ($56,409 per ton), while the average price for exports to Taiwan (Chinese) ($6,276 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 United States (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Fiber Cables Imports in the Philippines
After three years of growth, overseas purchases of optical fiber cables decreased by -52.6% to 50K tons in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 73%.
In value terms, optical fiber cables imports fell rapidly to $320M in 2022. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of $619M, and then shrank significantly in the following year.
| Import of Optical Fiber Cables in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.4 | 166 | 244 | 252 | 38.7% |
| Norway | N/A | 1.9 | 28.5 | 24.6 | 259.8% |
| Myanmar | N/A | N/A | 1.7 | 8.6 | 405.9% |
| United Kingdom | 6.0 | 1.7 | 8.5 | 6.9 | 4.8% |
| Others | 145 | 220 | 336 | 27.2 | -42.8% |
| Total | 246 | 389 | 619 | 320 | 9.2% |
Top Suppliers of Optical Fiber Cables to the Philippines in 2022:
- China (42.6K tons)
- Norway (2.6K tons)
- Myanmar (2.3K tons)
- United Kingdom (1.4K tons)
Optical Fiber Cables Exports in the Philippines
Optical fiber cables exports from the Philippines shrank notably to 2.6K tons in 2022, which is down by -52.3% on the year before. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. As a result, the exports attained the peak of 5.5K tons, and then contracted notably in the following year.
In value terms, optical fiber cables exports fell remarkably to $39M in 2022. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, the exports reached the peak of $70M, and then reduced markedly in the following year.
| Export of Optical Fiber Cables in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 10.1 | 8.1 | 11.5 | 18.6% |
| Japan | 2.0 | 3.0 | 8.5 | 7.2 | 53.3% |
| Taiwan (Chinese) | 7.9 | N/A | 8.6 | 6.9 | -4.4% |
| Thailand | 1.8 | 3.5 | 3.2 | 6.7 | 55.0% |
| Hong Kong SAR | 0.9 | N/A | 0.3 | 0.2 | -39.4% |
| Others | 35.1 | 27.7 | 41.3 | 6.6 | -42.7% |
| Total | 54.6 | 44.3 | 69.8 | 39.1 | -10.5% |
Top Export Markets for Optical Fiber Cables from the Philippines in 2022:
- Taiwan (Chinese) (1094.5 tons)
- Japan (883.2 tons)
- Thailand (366.3 tons)
- United States (203.8 tons)
- Hong Kong SAR (13.3 tons)
This report provides an in-depth analysis of the optical fiber cables market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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