China: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in China

The Chinese optical fiber and bundle market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated a slight increase 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. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Optical Fibers and Bundles in China

In value terms, optical fiber and bundle production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated pronounced 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 was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Optical Fibers and Bundles

Exports from China

In 2022, shipments abroad of optical fibers and bundles increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a significant increase. 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 continue growth in the immediate term.

In value terms, optical fiber and bundle exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Mexico (X tons) was the main destination for optical fiber and bundle exports from China, accounting for a X% share of total exports. Moreover, optical fiber and bundle exports to Mexico exceeded the volume sent to the second major destination, India (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for optical fiber and bundle exported from China were India ($X), Mexico ($X) and the Netherlands ($X), together accounting for X% of total exports. South Korea, the United States, Indonesia, Morocco, Spain, Thailand, the UK, Australia, Argentina and Panama lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Morocco, with a CAGR of X%, saw 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 optical fiber and bundle export price amounted to $X per ton, waning by X% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Panama ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Imports of Optical Fibers and Bundles

Imports into China

In 2022, after two years of growth, there was significant decline in purchases abroad of optical fibers and bundles, when their volume decreased by X% to X tons. In general, imports recorded a abrupt contraction. 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 hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, optical fiber and bundle imports shrank to $X in 2022. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tons), South Korea (X tons) and the United States (X tons) were the main suppliers of optical fiber and bundle imports to China, with a combined X% share of total imports. Germany, Taiwan (Chinese), Indonesia, India, Hong Kong SAR, the Czech Republic, France, Poland and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest optical fiber and bundle suppliers to China were the United States ($X), Japan ($X) and Germany ($X), with a combined X% share of total imports. Indonesia, Taiwan (Chinese), the Czech Republic, India, South Korea, Hong Kong SAR, France, Italy and Poland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Indonesia, 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 optical fiber and bundle import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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