Hungary - 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 Hungary - 2023
Contents:
- Price for Optical Fiber, Bundle and Cable in Hungary (CIF) - 2022
- Price for Optical Fiber, Bundle and Cable in Hungary (FOB) - 2022
- Imports of Optical Fiber, Bundle and Cable in Hungary
- Exports of Optical Fiber, Bundle and Cable in Hungary
Price for Optical Fiber, Bundle and Cable in Hungary (CIF) - 2022
The average import price for optical fibers, bundles and cables stood at $14,263 per ton in 2022, with a decrease of -21.6% against the previous year. In general, the import price showed a deep setback. The growth pace was the most rapid in 2018 an increase of 21%. Over the period under review, average import prices attained the peak figure at $33,857 per ton in 2012; however, from 2013 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 the Netherlands ($26,607 per ton), while the price for Romania ($8,901 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Fiber, Bundle and Cable in Hungary (FOB) - 2022
In 2022, the average export price for optical fibers, bundles and cables amounted to $32,497 per ton, shrinking by -11.4% against the previous year. Over the period under review, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. Over the period under review, the average export prices reached the maximum at $41,631 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($135,157 per ton), while the average price for exports to Greece ($9,529 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 Russia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Fiber, Bundle and Cable in Hungary
In 2022, optical fiber, bundle and cable imports into Hungary shrank modestly to 2.9K tons, reducing by -1.8% against the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 3K tons, and then reduced modestly in the following year.
In value terms, optical fiber, bundle and cable imports dropped sharply to $42M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of $54M, and then shrank significantly in the following year.
| Import of Optical Fiber, Bundle and Cable in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 18.3 | 27.3 | 18.0 | -0.7% |
| Germany | 9.0 | 11.5 | 7.8 | 6.3 | -11.2% |
| Netherlands | 0.5 | 0.4 | 0.5 | 2.4 | 68.7% |
| Greece | N/A | N/A | 0.7 | 1.6 | 128.6% |
| Bulgaria | 4.0 | 1.2 | 1.3 | 1.5 | -27.9% |
| Czech Republic | 1.5 | 1.0 | 1.2 | 1.4 | -2.3% |
| India | 0.7 | 2.0 | 0.9 | 1.4 | 26.0% |
| Slovenia | 2.2 | 3.0 | 1.0 | 1.4 | -14.0% |
| Spain | 0.6 | 1.1 | 2.3 | 1.3 | 29.4% |
| Poland | 0.9 | 0.6 | 0.9 | 1.2 | 10.1% |
| Romania | 4.0 | 1.6 | 2.6 | 1.0 | -37.0% |
| Slovakia | 2.7 | 1.5 | 0.9 | 0.5 | -43.0% |
| Others | 6.5 | 5.9 | 6.9 | 3.9 | -15.7% |
| Total | 51.2 | 48.2 | 54.4 | 41.8 | -6.5% |
Top Suppliers of Optical Fiber, Bundle and Cable to Hungary in 2022:
- China (1405.6 tons)
- Germany (366.2 tons)
- India (155.5 tons)
- Slovenia (147.8 tons)
- Poland (123.6 tons)
- Romania (111.0 tons)
- Czech Republic (103.0 tons)
- Bulgaria (99.5 tons)
- Spain (97.1 tons)
- Netherlands (88.4 tons)
- Greece (86.7 tons)
- Slovakia (31.7 tons)
Exports of Optical Fiber, Bundle and Cable in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of optical fibers, bundles and cables, which increased by 7.4% to 1K tons in 2022. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, optical fiber, bundle and cable exports shrank modestly to $34M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of $35M, and then declined modestly in the following year.
| Export of Optical Fiber, Bundle and Cable in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.4 | 14.3 | 15.3 | 15.7 | 5.4% |
| Italy | 0.7 | 1.3 | 2.7 | 3.1 | 64.2% |
| United States | 1.9 | 3.2 | 0.9 | 3.0 | 16.4% |
| Netherlands | 1.3 | 1.2 | 1.9 | 2.6 | 26.0% |
| Sweden | 1.0 | 1.4 | 2.1 | 2.6 | 37.5% |
| France | 1.8 | 2.4 | 4.7 | 1.8 | 0.0% |
| Romania | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Poland | 0.3 | 0.5 | 0.3 | 0.4 | 10.1% |
| Spain | 2.1 | 0.2 | 0.3 | 0.4 | -42.5% |
| Portugal | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Austria | 2.1 | 1.3 | 2.9 | 0.3 | -47.7% |
| Greece | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 6.3 | 4.0 | 3.4 | 2.7 | -24.6% |
| Total | 31.4 | 30.3 | 35.2 | 33.5 | 2.2% |
Top Export Markets for Optical Fiber, Bundle and Cable from Hungary in 2022:
- Germany (295.9 tons)
- Sweden (210.2 tons)
- Italy (209.3 tons)
- United States (43.5 tons)
- France (40.7 tons)
- Romania (37.8 tons)
- Poland (34.7 tons)
- Spain (31.4 tons)
- Netherlands (26.1 tons)
- Greece (18.1 tons)
- Portugal (16.5 tons)
- Austria (6.5 tons)
This report provides an in-depth analysis of the market for optical fiber, bundle and cable 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 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:
- 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
-
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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