United Kingdom: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in the UK

For the sixth year in a row, the UK optical fiber cables market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption showed a prominent expansion. Optical fiber cables consumption peaked in 2022 and is expected to retain growth in the immediate term.

Optical Fiber Cables Production in the UK

In value terms, optical fiber cables production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a resilient expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Optical fiber cables production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Optical Fiber Cables Exports

Exports from the UK

In 2022, the amount of optical fiber cables exported from the UK declined slightly to X tons, falling by X% compared with the previous year. In general, total exports indicated a resilient expansion from 2012 to 2022: its volume 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber cables exports rose rapidly to $X in 2022. Overall, total exports indicated a prominent 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), the Czech Republic (X tons) and the Netherlands (X tons) were the main destinations of optical fiber cables exports from the UK, together accounting for X% of total exports. Germany, Ireland, China, France, Norway, Spain, Canada, Cyprus, the United Arab Emirates and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Ireland ($X) were the largest markets for optical fiber cables exported from the UK worldwide, with a combined X% share of total exports. Germany, the Czech Republic, Norway, France, China, Canada, Spain, Denmark, the United Arab Emirates and Cyprus lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Cyprus, 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 cables export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Cyprus ($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 United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Fiber Cables Imports

Imports into the UK

In 2022, the amount of optical fiber cables imported into the UK soared to X tons, surging by X% on 2021. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, optical fiber cables imports soared to $X in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), China (X tons) and India (X tons) were the main suppliers of optical fiber cables imports to the UK, with a combined X% share of total imports. The Czech Republic, Japan, Sweden, Germany, the United States, Romania, Austria, Spain, Morocco and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Japan ($X) constituted the largest optical fiber cables suppliers to the UK, with a combined X% share of total imports. India, the Czech Republic, the United States, Germany, Morocco, Sweden, Romania, Slovakia, Spain and Austria lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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, growing by X% against the previous year. Overall, import price indicated a modest increase 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. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Austria ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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