Russian Federation: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in the Russian Federation

The Russian optical fiber and bundle market reduced to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption continues to indicate a deep setback. Optical fiber and bundle consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Optical Fibers and Bundles in the Russian Federation

In value terms, optical fiber and bundle production shrank to $X in 2022 estimated in export price. In general, production recorded a precipitous curtailment. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Exports of Optical Fibers and Bundles

Exports from the Russian Federation

In 2022, overseas shipments of optical fibers and bundles increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber and bundle exports soared to $X in 2022. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for optical fiber and bundle exports from Russia, accounting for a X% share of total exports. Moreover, optical fiber and bundle exports to Kazakhstan exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. The third position in this ranking was taken by Armenia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Armenia (X% per year).

In value terms, Kazakhstan ($X), Germany ($X) and Austria ($X) were the largest markets for optical fiber and bundle exported from Russia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, recorded 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, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The growth pace was the most rapid 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.

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 Germany ($X per ton), while the average price for exports to Armenia ($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 Japan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Optical Fibers and Bundles

Imports into the Russian Federation

Optical fiber and bundle imports into Russia skyrocketed to X tons in 2022, picking up by X% against the previous year. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, optical fiber and bundle imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Kazakhstan (X tons) and India (X tons) were the main suppliers of optical fiber and bundle imports to Russia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest optical fiber and bundle suppliers to Russia were China ($X), Kazakhstan ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, Kazakhstan, 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, declining by X% against the previous year. Overall, the import price faced a deep reduction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 the United States ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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