SADC: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in SADC

The SADC optical fiber and bundle market declined to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, saw prominent growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Optical Fibers and Bundles in SADC

In value terms, optical fiber and bundle production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Optical Fibers and Bundles

Exports in SADC

In 2022, shipments abroad of optical fibers and bundles decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber and bundle exports reduced slightly to $X in 2022. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons), together amounting to X% of total export.

South Africa was also the fastest-growing in terms of the optical fibers and bundles exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest optical fiber and bundle supplier in SADC.

In South Africa, optical fiber and bundle exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Optical Fibers and Bundles

Imports in SADC

In 2022, approx. X tons of optical fibers and bundles were imported in SADC; waning by X% against 2021 figures. In general, imports showed a mild curtailment. 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 attained the maximum at X tons in 2021, and then dropped rapidly in the following year.

In value terms, optical fiber and bundle imports contracted remarkably to $X in 2022. Total imports 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

South Africa was the largest importer of optical fibers and bundles in SADC, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Democratic Republic of the Congo (X tons) held the second position in the ranking, distantly followed by Botswana (X tons). All these countries together held approx. X% share of total imports. Mauritius (X tons) and Tanzania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to optical fiber and bundle imports into South Africa stood at X%. At the same time, Botswana (X%), Democratic Republic of the Congo (X%), Mauritius (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa, Democratic Republic of the Congo, Botswana, Mauritius and Tanzania increased by X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported optical fibers and bundles in SADC, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.

In South Africa, optical fiber and bundle imports 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: Democratic Republic of the Congo (X% per year) and Mauritius (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. Import price indicated a moderate expansion 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 increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 South Africa ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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