Finland: Optical Fiber Cables Market Overview 2020

Optical Fiber Cables Market Size in Finland

The revenue of the optical fiber cables market in Finland amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, optical fiber cables consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the optical fiber cables market reached its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Optical Fiber Cables Production in Finland

In value terms, optical fiber cables production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a noticeable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, optical fiber cables production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, optical fiber cables production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Optical Fiber Cables Exports

Exports from Finland

In 2018, approx. X tonnes of optical fiber cables were exported from Finland; reducing by -X% against the previous year. Over the period under review, optical fiber cables exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, optical fiber cables exports stood at $X in 2018. Over the period under review, optical fiber cables exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, optical fiber cables exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Estonia (X tonnes) was the main destination for optical fiber cables exports from Finland, accounting for a X% share of total exports. Moreover, optical fiber cables exports to Estonia exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. Sweden (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Estonia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Sweden (-X% per year).

In value terms, the Netherlands ($X), Estonia ($X) and Sweden ($X) appeared to be the largest markets for optical fiber cables exported from Finland worldwide, with a combined X% share of total exports. These countries were followed by the U.S., Germany, Indonesia, Lithuania, Russia, Latvia, France, the United Arab Emirates and Macedonia, which together accounted for a further X U.S. experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average optical fiber cables export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the optical fiber cables export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. In that year, the average export prices for optical fiber cables reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into Finland

In 2018, the optical fiber cables imports into Finland stood at X tonnes, going up by X% against the previous year. Overall, optical fiber cables imports, however, continue to indicate a measured slump. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Over the period under review, optical fiber cables imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, optical fiber cables imports totaled $X in 2018. Overall, the total imports indicated a moderate increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, optical fiber cables imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, optical fiber cables imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of optical fiber cables to Finland, accounting for a X% share of total imports. Moreover, optical fiber cables imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), fivefold. The United Arab Emirates (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and the United Arab Emirates (+X% per year).

In value terms, China ($X) constituted the largest supplier of optical fiber cables to Finland, comprising X% of total optical fiber cables imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Estonia (-X% per year).

Import Prices by Country

In 2018, the average optical fiber cables import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, optical fiber cables import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for optical fiber cables reached their peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform