Chile: Market for Optical Fibers, Bundles and Cables 2024

Market Size for Optical Fibers, Bundles and Cables in Chile

The Chilean market for optical fibers, bundles and cables declined to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a resilient expansion. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Production of Optical Fibers, Bundles and Cables in Chile

In value terms, optical fiber, bundle and cable production reached $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Optical fiber, bundle and cable production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Optical Fibers, Bundles and Cables

Exports from Chile

Optical fiber, bundle and cable exports from Chile surged to X tons in 2022, rising by X% against the year before. In general, exports showed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, optical fiber, bundle and cable exports surged to $X in 2022. Overall, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Jamaica (X tons), Argentina (X tons) and Panama (X tons) were the main destinations of optical fiber, bundle and cable exports from Chile, with a combined X% share of total exports.

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

In value terms, the United States ($X) emerged as the key foreign market for optical fibers, bundles and cables exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Panama (X% per year).

Export Prices by Country

The average export price for optical fibers, bundles and cables stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jamaica ($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 Mexico (X%), while the prices for the other major destinations experienced a decline.

Imports of Optical Fibers, Bundles and Cables

Imports into Chile

In 2022, supplies from abroad of optical fibers, bundles and cables decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, optical fiber, bundle and cable imports contracted to $X in 2022. In general, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) was the main optical fiber, bundle and cable supplier to Chile, accounting for a X% share of total imports. It was followed by Brazil (X tons), with a X% share of total imports. The United States (X tons) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

In 2022, the average import price for optical fibers, bundles and cables amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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