Hungary - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber and Bundle in Hungary - 2023
Contents:
- Price for Optical Fiber and Bundle in Hungary (CIF) - 2022
- Price for Optical Fiber and Bundle in Hungary (FOB) - 2022
- Imports of Optical Fiber and Bundle in Hungary
- Exports of Optical Fiber and Bundle in Hungary
Price for Optical Fiber and Bundle in Hungary (CIF) - 2022
In 2022, the average optical fiber and bundle import price amounted to $17,149 per ton, reducing by -49.9% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 39%. The import price peaked at $52,484 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 ($121,214 per ton), while the price for India ($9,708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Fiber and Bundle in Hungary (FOB) - 2022
The average optical fiber and bundle export price stood at $41,044 per ton in 2022, growing by 1.8% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $76,508 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,409,143 per ton), while the average price for exports to Romania ($8,209 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 France (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Fiber and Bundle in Hungary
In 2022, imports of optical fibers and bundles into Hungary soared to 265 tons, picking up by 132% on the previous year. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, optical fiber and bundle imports skyrocketed to $4.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Optical Fiber and Bundle in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 682 | 1,455 | 84.4 | 1,304 | 24.1% |
| Czech Republic | 1,001 | 879 | 1,008 | 1,270 | 8.3% |
| Germany | 935 | 1,720 | 1,075 | 772 | -6.2% |
| China | 101 | 303 | 509 | 515 | 72.1% |
| Slovakia | 170 | 164 | 243 | 31.1 | -43.2% |
| Romania | 119 | 79.1 | 71.6 | 28.9 | -37.6% |
| Others | 532 | 803 | 913 | 616 | 5.0% |
| Total | 3,539 | 5,404 | 3,904 | 4,537 | 8.6% |
Top Suppliers of Optical Fiber and Bundle to Hungary in 2022:
- India (134.3 tons)
- Czech Republic (100.3 tons)
- China (16.6 tons)
- Germany (6.4 tons)
- Romania (1.0 tons)
- Slovakia (0.8 tons)
Exports of Optical Fiber and Bundle in Hungary
In 2022, overseas shipments of optical fibers and bundles decreased by -29.4% to 25 tons, falling for the second year in a row after two years of growth. In general, exports recorded a noticeable curtailment. The growth pace was the most rapid in 2020 when exports increased by 26%. As a result, the exports reached the peak of 36 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, optical fiber and bundle exports reduced notably to $1M in 2022. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Optical Fiber and Bundle in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 590 | 1,040 | 429 | 325 | -18.0% |
| Romania | 254 | 233 | 256 | 154 | -15.4% |
| Austria | 109 | 111 | 150 | 99.4 | -3.0% |
| Slovakia | 128 | 130 | 165 | 67.9 | -19.0% |
| United States | 1.3 | 0.1 | 2.9 | 43.8 | 223.0% |
| Others | 335 | 310 | 424 | 335 | 0.0% |
| Total | 1,416 | 1,824 | 1,427 | 1,025 | -10.2% |
Top Export Markets for Optical Fiber and Bundle from Hungary in 2022:
- Romania (18.7 tons)
- Germany (4.4 tons)
- United States (0.5 tons)
- Austria (0.4 tons)
- Slovakia (0.2 tons)
This report provides an in-depth analysis of the market for optical fiber and bundle in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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