Austria: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Austria

In 2022, the Austrian market for optical fibers, bundles and cables increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw prominent growth. Optical fiber, bundle and cable consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Optical Fibers, Bundles and Cables in Austria

In value terms, optical fiber, bundle and cable production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Optical Fibers, Bundles and Cables

Exports from Austria

In 2022, approx. X tons of optical fibers, bundles and cables were exported from Austria; reducing by X% compared with 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber, bundle and cable exports declined to $X in 2022. The total export 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 growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and Sweden (X tons) were the main destinations of optical fiber, bundle and cable exports from Austria, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and Sweden ($X) were the largest markets for optical fiber, bundle and cable exported from Austria worldwide, with a combined X% share of total exports. Poland, the United States, the Netherlands, Slovakia, Portugal, the UK, Romania, Italy, the Czech Republic and Slovenia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, 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 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, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 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 2021, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Slovenia ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers, Bundles and Cables

Imports into Austria

In 2022, the amount of optical fibers, bundles and cables imported into Austria skyrocketed to X tons, rising by X% compared with 2021 figures. Overall, imports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, optical fiber, bundle and cable imports surged to $X in 2022. In general, total imports indicated resilient 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Romania (X tons) were the main suppliers of optical fiber, bundle and cable imports to Austria, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest optical fiber, bundle and cable suppliers to Austria were Germany ($X), France ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for optical fibers, bundles and cables stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price 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, optical fiber, bundle and cable import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 South Korea ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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