Asia-Pacific: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Asia-Pacific

The Asia-Pacific market for optical fibers, bundles and cables declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Optical Fibers, Bundles and Cables in Asia-Pacific

In value terms, optical fiber, bundle and cable production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% 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 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Optical Fibers, Bundles and Cables

Exports in Asia-Pacific

In 2022, optical fiber, bundle and cable exports in Asia-Pacific rose rapidly to X tons, growing by X% against 2021 figures. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, optical fiber, bundle and cable exports soared to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by India (X tons), committing an X% share of total exports. Japan (X tons), South Korea (X tons), Hong Kong SAR (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Hong Kong SAR (X%), India (X%), Vietnam (X%) and Japan (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and South Korea saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest optical fiber, bundle and cable supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, optical fiber, bundle and cable exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a noticeable contraction. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 ($X per ton), while China ($X per ton) was amongst the lowest.

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

Imports of Optical Fibers, Bundles and Cables

Imports in Asia-Pacific

In 2022, the amount of optical fibers, bundles and cables imported in Asia-Pacific rose significantly to X tons, surging by X% on the previous year's figure. Total imports indicated a prominent increase 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 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, optical fiber, bundle and cable imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons) and the Philippines (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), Thailand (X tons), Malaysia (X tons) and Singapore (X tons), together creating a X% share of total imports. The following importers - Vietnam (X tons), Taiwan (Chinese) (X tons), Myanmar (X tons), Australia (X tons), India (X tons), China (X tons) and South Korea (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Philippines ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the peak figure 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 ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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