Overview of the Global Market for Optical Fibers and Bundles

Market Size for Optical Fibers and Bundles

The global optical fiber and bundle market contracted to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a pronounced 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the global market remained at a lower figure.

Production of Optical Fibers and Bundles

In value terms, optical fiber and bundle production declined to $X in 2022 estimated in export price. Overall, the total production indicated a temperate 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, global production growth remained at a lower figure.

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Exports of Optical Fibers and Bundles

Exports

For the third consecutive year, the global market recorded growth in overseas shipments of optical fibers and bundles, which increased by X% to X tons in 2022. Over the period under review, exports posted a strong expansion. The growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, optical fiber and bundle exports soared to $X in 2022. In general, total exports indicated prominent 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India represented the major exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by China (X tons), comprising a X% share of total exports. The following exporters - Japan (X tons) and the United States (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to optical fiber and bundle exports from India stood at X%. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, the United States (X%) illustrated a downward trend over the same period. India (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the global exports, while Japan and the United States saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X), India ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of global exports.

Among the main exporting countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the average optical fiber and bundle export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while India ($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 United States (X%), while the other global leaders experienced a decline in the export price figures.

Imports of Optical Fibers and Bundles

Imports

In 2022, supplies from abroad of optical fibers and bundles increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a prominent increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, optical fiber and bundle imports rose remarkably to $X in 2022. Overall, total imports indicated a measured 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 2018 when imports increased by X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of optical fiber and bundle imports in 2022 were India (X tons), Romania (X tons) and the UK (X tons), together resulting at X% of total import. Spain (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United States (X%). France (X tons), Mexico (X tons), Argentina (X tons), Thailand (X tons), Italy (X tons), Ecuador (X tons), Poland (X tons) and China (X tons) held a relatively small share of total imports.

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

In value terms, the largest optical fiber and bundle importing markets worldwide were China ($X), the United States ($X) and Romania ($X), with a combined X% share of global imports.

Among the main importing countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average optical fiber and bundle import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 China ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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