Southern Asia: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Southern Asia

In 2022, the South Asian optical fiber and bundle market decreased by X% to $X, falling for the fourth consecutive year after five years of growth. Overall, consumption recorded a abrupt decrease. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Optical Fibers and Bundles in Southern Asia

In value terms, optical fiber and bundle production reached $X in 2022 estimated in export price. The total production indicated moderate growth 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Optical Fibers and Bundles

Exports in Southern Asia

In 2022, shipments abroad of optical fibers and bundles increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber and bundle exports skyrocketed to $X in 2022. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of optical fibers and bundles, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the optical fibers and bundles exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest optical fiber and bundle supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

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

Imports of Optical Fibers and Bundles

Imports in Southern Asia

Optical fiber and bundle imports declined remarkably to X tons in 2022, with a decrease of X% against the year before. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, optical fiber and bundle imports surged to $X in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), committing a X% share of total imports. Pakistan (X tons) took a minor share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Bangladesh increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported optical fibers and bundles in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports.

In India, 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: Pakistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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