Sweden: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Sweden

The Swedish optical fiber and bundle market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, enjoyed a buoyant expansion. As a result, consumption attained 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 Sweden

In value terms, optical fiber and bundle production fell to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Exports of Optical Fibers and Bundles

Exports from Sweden

In 2022, approx. X tons of optical fibers and bundles were exported from Sweden; rising by X% compared with the year before. Overall, exports, however, saw a deep reduction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, optical fiber and bundle exports soared to $X in 2022. Over the period under review, total exports indicated a moderate expansion 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Thailand (X tons), Norway (X tons) and Denmark (X tons) were the main destinations of optical fiber and bundle exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the key foreign market for optical fibers and bundles exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Denmark stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

Export Prices by Country

The average optical fiber and bundle export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X,838 per ton), while the average price for exports to Thailand ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Optical Fibers and Bundles

Imports into Sweden

Optical fiber and bundle imports into Sweden skyrocketed to X tons in 2022, growing by X% against the previous year. Over the period under review, imports posted perceptible growth. 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 attained the peak figure 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 continue to indicate modest growth. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest optical fiber and bundle supplier to Sweden, with a X% share of total imports. Moreover, optical fiber and bundle imports from India exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, India ($X) constituted the largest supplier of optical fibers and bundles to Sweden, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

The average optical fiber and bundle import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for South Korea ($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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