Asia-Pacific: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Asia-Pacific

The Asia-Pacific optical fiber and bundle market fell to $X in 2022, which is down by X% against the previous year. The total consumption indicated temperate growth 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-Pacific

In value terms, optical fiber and bundle production shrank slightly to $X in 2022 estimated in export price. The total production indicated perceptible growth 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 appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Optical Fibers and Bundles

Exports in Asia-Pacific

In 2022, the amount of optical fibers and bundles exported in Asia-Pacific skyrocketed to X tons, picking up by X% compared with the previous year's figure. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, optical fiber and bundle exports soared to $X in 2022. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India represented the main exporter of optical fibers and bundles in Asia-Pacific, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. 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-Pacific, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest optical fiber and bundle supplying countries in Asia-Pacific were China ($X), India ($X) and Japan ($X), with a combined X% share of total exports.

Among the main exporting countries, China, with a CAGR of X%, saw the highest growth rate of 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

The export price in Asia-Pacific stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded 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 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 ($X per ton), while India ($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-Pacific

In 2022, imports of optical fibers and bundles in Asia-Pacific contracted slightly to X tons, with a decrease of X% on 2021. Total imports indicated a tangible 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, optical fiber and bundle imports expanded notably 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. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India was the key importer of optical fibers and bundles in Asia-Pacific, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Thailand (X tons) took the second position in the ranking, followed by China (X tons), Indonesia (X tons), South Korea (X tons) and Vietnam (X tons). All these countries together took approx. X% share of total imports. The following importers - Australia (X tons), Malaysia (X tons), Cambodia (X tons), Taiwan (Chinese) (X tons), Myanmar (X tons), Bangladesh (X tons) and the Philippines (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, the Philippines (X%), Thailand (X%), Myanmar (X%), Bangladesh (X%), Vietnam (X%), South Korea (X%), Australia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%), Cambodia (X%), Malaysia (X%) and China (X%) illustrated a downward trend over the same period. India (X p.p.), Thailand (X p.p.), South Korea (X p.p.), Vietnam (X p.p.), Australia (X p.p.), Myanmar (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), Cambodia, Malaysia and China saw its share reduced by X%, X%, 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 ($X) constitutes the largest market for imported optical fibers and bundles in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by India ($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 growth rate of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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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