Finland - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Finland - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights

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Price for Optical Fiber and Bundle in Finland - 2023

Contents:

  1. Price for Optical Fiber and Bundle in Finland (FOB) - 2022
  2. Price for Optical Fiber and Bundle in Finland (CIF) - 2022
  3. Exports of Optical Fiber and Bundle in Finland
  4. Imports of Optical Fiber and Bundle in Finland

Price for Optical Fiber and Bundle in Finland (FOB) - 2022

The average optical fiber and bundle export price stood at $1,540,349 per ton in 2022, reducing by -24.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 52%. Over the period under review, the average export prices reached the peak figure at $3,707,355 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,266,345 per ton), while the average price for exports to Chile ($20,184 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 (-0.6%), while the prices for the other major destinations experienced a decline.

Price for Optical Fiber and Bundle in Finland (CIF) - 2022

In 2022, the average optical fiber and bundle import price amounted to $91,862 per ton, picking up by 27% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 48% against the previous year. As a result, import price reached the peak level of $120,029 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($337,204 per ton), while the price for Estonia ($31,190 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+12.6%), while the prices for the other major suppliers experienced a decline.

Exports of Optical Fiber and Bundle in Finland

In 2022, shipments abroad of optical fibers and bundles decreased by -17.9% to 6.8 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%.

In value terms, optical fiber and bundle exports declined markedly to $10M in 2022. In general, exports recorded a precipitous contraction. The smallest decline of -5.7% was in 2021.

Export of Optical Fiber and Bundle in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.88.68.34.4-13.5%
China6.45.16.12.6-25.9%
Thailand8.42.70.41.6-42.5%
Germany0.40.20.40.57.7%
United KingdomN/AN/A0.10.2100.0%
ChileN/AN/AN/AN/A0%
PolandN/AN/AN/AN/A0%
Others2.41.51.71.1-22.9%
Total24.518.117.010.5-24.6%

Top Export Markets for Optical Fiber and Bundle from Finland in 2022:

  1. United States (1446.0 kg)
  2. Germany (1392.0 kg)
  3. China (1266.0 kg)
  4. United Kingdom (517.0 kg)
  5. Thailand (501.0 kg)
  6. Chile (365.0 kg)
  7. Poland (217.0 kg)

Imports of Optical Fiber and Bundle in Finland

Optical fiber and bundle imports into Finland rose sharply to 129 tons in 2022, surging by 7.2% on 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, optical fiber and bundle imports skyrocketed to $12M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Optical Fiber and Bundle in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.30.30.32.397.2%
United States3.10.71.02.2-10.8%
South Korea0.72.51.02.144.2%
PolandN/AN/AN/A1.70%
NetherlandsN/A1.82.81.5-8.7%
ChinaN/A0.10.20.6144.9%
Japan2.00.61.90.4-41.5%
Spain0.32.41.1N/A91.5%
Others0.20.80.41.071.0%
Total6.79.28.711.820.8%

Top Suppliers of Optical Fiber and Bundle to Finland in 2022:

  1. United States (29.2 tons)
  2. South Korea (28.4 tons)
  3. Poland (21.4 tons)
  4. Netherlands (18.9 tons)
  5. China (7.0 tons)
  6. Germany (6.7 tons)
  7. Japan (6.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for optical fiber and bundle in Finland. 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 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)

Country coverage:

  • Finland

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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