Eastern Asia: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Eastern Asia

The East Asian optical fiber and bundle market contracted to $X in 2022, waning by X% against the previous year. The market 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. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Optical Fibers and Bundles in Eastern Asia

In value terms, optical fiber and bundle production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Optical Fibers and Bundles

Exports in Eastern Asia

In 2022, overseas shipments of optical fibers and bundles increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber and bundle exports surged to $X in 2022. Over the period under review, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of optical fibers and bundles in Eastern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Japan (X tons), constituting a X% share of total exports. The following exporters - South Korea (X tons) and Hong Kong SAR (X tons) - together made up X% of total exports.

China was also the fastest-growing in terms of the optical fibers and bundles exports, with a CAGR of X% from 2012 to 2022. Japan experienced a relatively flat trend pattern. Hong Kong SAR (X%) and South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) remains the largest optical fiber and bundle supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In China, optical fiber and bundle exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price recorded a pronounced contraction. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Optical Fibers and Bundles

Imports in Eastern Asia

In 2022, the amount of optical fibers and bundles imported in Eastern Asia fell to X tons, reducing by X% against the previous year's figure. Over the period under review, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, optical fiber and bundle imports reduced to $X in 2022. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons) and South Korea (X tons) represented the key importers of optical fibers and bundles in 2022, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons), together making up a X% share of total imports. The following importers - Japan (X tons) and Macao SAR (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Macao SAR (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported optical fibers and bundles in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

In China, optical fiber and bundle imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Import price indicated measured 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 and bundle import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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