Asia: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Asia

The Asian optical fiber and bundle market fell to $X in 2022, reducing by X% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Optical Fibers and Bundles in Asia

In value terms, optical fiber and bundle production contracted to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Exports of Optical Fibers and Bundles

Exports in Asia

For the third year in a row, Asia recorded growth in overseas shipments of optical fibers and bundles, which increased by X% to X tons in 2022. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, optical fiber and bundle exports skyrocketed to $X in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India was the largest exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by China (X tons), generating a X% share of total exports. Japan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to optical fiber and bundle exports from India stood at X%. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of China and India increased by X and X percentage points, respectively.

In value terms, China ($X), India ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Optical Fibers and Bundles

Imports in Asia

In 2022, imports of optical fibers and bundles in Asia declined to X tons, with a decrease of X% against the previous year. Total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, optical fiber and bundle imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the largest importer of optical fibers and bundles, achieving X% of total imports. Thailand (X tons) ranks second in terms of the total imports with an X% share, followed by China (X%), Indonesia (X%), South Korea (X%) and Saudi Arabia (X%). The following importers - Turkey (X tons), Vietnam (X tons), Israel (X tons), the United Arab Emirates (X tons), Kazakhstan (X tons), Malaysia (X tons) and Cambodia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to optical fiber and bundle imports into India stood at X%. At the same time, Thailand (X%), Kazakhstan (X%), the United Arab Emirates (X%), Israel (X%), Vietnam (X%), South Korea (X%), Saudi Arabia (X%), Turkey (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Cambodia (X%), Malaysia (X%) and China (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Thailand (X p.p.), the United Arab Emirates (X p.p.), South Korea (X p.p.), Vietnam (X p.p.), Israel (X p.p.), Kazakhstan (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cambodia (X p.p.), Malaysia (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported optical fibers and bundles in Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: India (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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