Australia: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Australia

In 2022, the Australian market for optical fibers, bundles and cables increased by X% to $X, rising for the second year in a row after five years of decline. Overall, the total consumption indicated slight 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 increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Australia

After two years of growth, shipments abroad of optical fibers, bundles and cables decreased by X% to X tons in 2022. Overall, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, optical fiber, bundle and cable exports fell notably to $X in 2022. In general, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

New Zealand (X tons), the United States (X tons) and China (X tons) were the main destinations of optical fiber, bundle and cable exports from Australia, together comprising X% of total exports. Papua New Guinea, Indonesia, Italy, Solomon Islands, Vanuatu, Finland, Singapore, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for optical fiber, bundle and cable exported from Australia were New Zealand ($X), the United States ($X) and China ($X), with a combined X% share of total exports. Papua New Guinea, Taiwan (Chinese), Indonesia, Singapore, Finland, Italy, Solomon Islands, the United Arab Emirates and Vanuatu lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for optical fibers, bundles and cables amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X 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 Taiwan (Chinese) ($X per ton), while the average price for exports to Vanuatu ($X 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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Optical Fibers, Bundles and Cables

Imports into Australia

In 2022, purchases abroad of optical fibers, bundles and cables increased by X% to X tons, rising for the second year in a row after five years of decline. Over the period under review, imports, however, saw a slight shrinkage. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, optical fiber, bundle and cable imports surged to $X in 2022. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest optical fiber, bundle and cable supplier to Australia, with a X% share of total imports. Moreover, optical fiber, bundle and cable imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of optical fibers, bundles and cables to Australia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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