Austria: Optical Fiber Cables Market 2023

Optical Fiber Cables Market Size in Austria

In 2021, the Austrian optical fiber cables market increased by 35% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption, however, recorded a mild reduction. Optical fiber cables consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Optical Fiber Cables Production in Austria

In value terms, optical fiber cables production declined to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when the production volume decreased by -5.2% against the previous year. Optical fiber cables production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Optical Fiber Cables Exports

Exports from Austria

In 2021, shipments abroad of optical fiber cables was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.8% against 2017 indices. The pace of growth was the most pronounced in 2016 when exports increased by 48%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, optical fiber cables exports expanded markedly to $X in 2021. In general, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 32%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for optical fiber cables exports from Austria, accounting for a 28% share of total exports. Moreover, optical fiber cables exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. Slovenia (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-2.2% per year) and Slovenia (-4.3% per year).

In value terms, Germany ($X) remains the key foreign market for optical fiber cables exports from Austria, comprising 28% of total exports. The second position in the ranking was taken by Switzerland ($X), with an 8% share of total exports. It was followed by Sweden, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-3.8% per year) and Sweden (+26.5% per year).

Export Prices by Country

The average optical fiber cables export price stood at $X per ton in 2021, with an increase of 2.8% against the previous year. In general, the export price saw a modest increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 18%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Austria

In 2021, purchases abroad of optical fiber cables increased by 38% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 89%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, optical fiber cables imports soared to $X in 2021. Over the period under review, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 60%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest optical fiber cables supplier to Austria, with a 36% share of total imports. Moreover, optical fiber cables imports from Germany exceeded the figures recorded by the second-largest supplier, Romania (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-3.2% per year) and the Netherlands (+8.7% per year).

In value terms, Germany ($X) constituted the largest supplier of optical fiber cables to Austria, comprising 33% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by China, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+9.4% per year) and China (+10.7% per year).

Import Prices by Country

In 2021, the average optical fiber cables import price amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2013 an increase of 21%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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