Slovakia: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in Slovakia

In 2022, the Slovak optical fiber cables market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption, however, saw a modest expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Optical Fiber Cables Production in Slovakia

In value terms, optical fiber cables production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Optical Fiber Cables Exports

Exports from Slovakia

In 2022, after ten years of growth, there was decline in shipments abroad of optical fiber cables, when their volume decreased by X% to X tons. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, optical fiber cables exports shrank slightly to $X in 2022. Over the period under review, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for optical fiber cables exports from Slovakia, accounting for a X% share of total exports. Moreover, optical fiber cables exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was taken by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Finland (X% per year).

In value terms, Germany ($X), the UK ($X) and Italy ($X) appeared to be the largest markets for optical fiber cables exported from Slovakia worldwide, with a combined X% share of total exports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 cables export price stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Finland ($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 France (X%), while the prices for the other major destinations experienced a decline.

Optical Fiber Cables Imports

Imports into Slovakia

In 2022, the amount of optical fiber cables imported into Slovakia declined to X tons, falling by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, optical fiber cables imports expanded rapidly to $X in 2022. In general, imports recorded a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Ukraine (X tons) were the main suppliers of optical fiber cables imports to Slovakia, together accounting for X% of total imports.

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

In value terms, China ($X), Germany ($X) and Poland ($X) appeared to be the largest optical fiber cables suppliers to Slovakia, together comprising X% of total imports. The Czech Republic, Austria, Belgium, Ukraine, the United States, the UK, France, Switzerland and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to 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 cables import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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