Hong Kong SAR, China - Optical Fibers, Bundles and Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber, Bundle and Cable in Hong Kong SAR - 2023
Contents:
- Price for Optical Fiber, Bundle and Cable in Hong Kong SAR (FOB) - 2022
- Price for Optical Fiber, Bundle and Cable in Hong Kong SAR (CIF) - 2022
- Exports of Optical Fiber, Bundle and Cable in Hong Kong SAR
- Imports of Optical Fiber, Bundle and Cable in Hong Kong SAR
Price for Optical Fiber, Bundle and Cable in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for optical fibers, bundles and cables amounted to $19,959 per ton, waning by -6.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of 65%. As a result, the export price attained the peak level of $39,775 per ton. From 2019 to 2022, the average export prices remained at a 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 China ($35,566 per ton), while the average price for exports to the Czech Republic ($17,026 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 China (+1.4%), while the prices for the other major destinations experienced a decline.
Price for Optical Fiber, Bundle and Cable in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for optical fibers, bundles and cables amounted to $11,401 per ton, stabilizing at the previous year. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. The import price peaked at $15,778 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 United States ($37,342 per ton), while the price for Taiwan (Chinese) ($9,830 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Optical Fiber, Bundle and Cable in Hong Kong SAR
In 2022, exports of optical fibers, bundles and cables from Hong Kong SAR rose remarkably to 17K tons, picking up by 7% on 2021 figures. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of 17K tons; afterwards, it flattened through to 2022.
In value terms, optical fiber, bundle and cable exports totaled $343M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Optical Fiber, Bundle and Cable in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 130 | 154 | 125 | 178 | 11.0% |
| China | 80.7 | 69.4 | 107 | 71.9 | -3.8% |
| Netherlands | 20.5 | 28.8 | 27.5 | 23.8 | 5.1% |
| South Korea | 1.0 | 3.5 | 4.2 | 7.4 | 94.9% |
| Japan | 6.6 | 8.2 | 6.8 | 6.2 | -2.1% |
| Singapore | 5.2 | 7.3 | 7.4 | 4.7 | -3.3% |
| Czech Republic | 2.2 | 3.7 | 3.8 | 4.6 | 27.9% |
| Argentina | 8.4 | 2.6 | 17.7 | 3.2 | -27.5% |
| Others | 47.8 | 32.8 | 43.6 | 42.8 | -3.6% |
| Total | 302 | 310 | 343 | 343 | 4.3% |
Top Export Markets for Optical Fiber, Bundle and Cable from Hong Kong SAR in 2022:
- United States (10.4K tons)
- China (2.0K tons)
- Netherlands (1.4K tons)
- South Korea (0.4K tons)
- Czech Republic (0.3K tons)
- Singapore (0.3K tons)
- Japan (0.3K tons)
- Argentina (0.2K tons)
Imports of Optical Fiber, Bundle and Cable in Hong Kong SAR
In 2022, the amount of optical fibers, bundles and cables imported into Hong Kong SAR shrank to 17K tons, declining by -13.5% on the year before. Overall, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 20K tons, and then contracted in the following year.
In value terms, optical fiber, bundle and cable imports declined to $196M in 2022. In general, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 2.4%. As a result, imports reached the peak of $227M, and then contracted in the following year.
| Import of Optical Fiber, Bundle and Cable in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 143 | 128 | 155 | 137 | -1.4% |
| United States | 14.5 | 15.6 | 22.3 | 18.2 | 7.9% |
| Thailand | 23.2 | 39.5 | 9.0 | 11.3 | -21.3% |
| Japan | 13.6 | 4.8 | 7.1 | 6.7 | -21.0% |
| Taiwan (Chinese) | 3.5 | 2.8 | 5.7 | 3.4 | -1.0% |
| Others | 21.6 | 31.4 | 27.7 | 19.8 | -2.9% |
| Total | 220 | 222 | 227 | 196 | -3.8% |
Top Suppliers of Optical Fiber, Bundle and Cable to Hong Kong SAR in 2022:
- China (13.5K tons)
- Thailand (0.9K tons)
- United States (0.5K tons)
- Japan (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Hong Kong SAR, China. 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
- Prodcom 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
342
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