Italy: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Italy

In 2022, the Italian optical fiber and bundle market decreased by less than X% to $X, falling for the fourth consecutive year after four years of growth. Over the period under review, consumption recorded a perceptible reduction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Optical Fibers and Bundles in Italy

In value terms, optical fiber and bundle production expanded markedly to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Optical fiber and bundle production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Optical Fibers and Bundles

Exports from Italy

In 2022, after three years of growth, there was significant decline in overseas shipments of optical fibers and bundles, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, optical fiber and bundle exports dropped to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Romania (X tons), Australia (X tons) and Spain (X tons) were the main destinations of optical fiber and bundle exports from Italy, with a combined X% share of total exports. France, the UK, Slovakia, China, Turkey, Brazil and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for optical fiber and bundle exported from Italy were Romania ($X), Australia ($X) and Spain ($X), together comprising X% of total exports. France, the UK, Slovakia, China, Turkey, the United States and Brazil lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Slovakia, 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

The average optical fiber and bundle export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Spain ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers and Bundles

Imports into Italy

Optical fiber and bundle imports into Italy skyrocketed to X tons in 2022, jumping by X% compared with 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber and bundle imports soared to $X in 2022. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

India (X tons), China (X tons) and the United States (X tons) were the main suppliers of optical fiber and bundle imports to Italy, with a combined X% share of total imports. The Netherlands, Poland, Germany, Spain and Japan lagged somewhat behind, together comprising a further X%.

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

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

From 2012 to 2022, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average optical fiber and bundle import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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