Africa: Market for Optical Fibers and Bundles 2024

Market Size for Optical Fibers and Bundles in Africa

The African optical fiber and bundle market dropped modestly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, continues to indicate resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Optical Fibers and Bundles in Africa

In value terms, optical fiber and bundle production reduced to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Optical Fibers and Bundles

Exports in Africa

In 2022, shipments abroad of optical fibers and bundles increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical fiber and bundle exports reduced modestly to $X in 2022. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the major exporter of optical fibers and bundles in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Kenya (X tons), comprising a X% share of total exports. Morocco (X tons) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Kenya (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest optical fiber and bundle supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports.

In South Africa, optical fiber and bundle exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Kenya ($X per ton) was amongst the lowest.

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

Imports of Optical Fibers and Bundles

Imports in Africa

For the fourth year in a row, Africa recorded growth in overseas purchases of optical fibers and bundles, which increased by X% to X tons in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, optical fiber and bundle imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Nigeria (X tons) and Morocco (X tons) represented roughly X% of total imports in 2022. It was distantly followed by South Africa (X tons), comprising a X% share of total imports. Central African Republic (X tons), Ethiopia (X tons), Egypt (X tons), Democratic Republic of the Congo (X tons), Algeria (X tons) and Burkina Faso (X tons) held a minor share of total imports.

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

In value terms, Morocco ($X) constitutes the largest market for imported optical fibers and bundles in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Nigeria, with an X% share.

In Morocco, 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: South Africa (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a perceptible expansion 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 most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :