Europe: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in Europe

In 2022, the Europe optical fiber cables market decreased by X% to $X, falling for the second year in a row after four years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Optical Fiber Cables Production in Europe

In value terms, optical fiber cables production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is likely to continue growth in years to come.

Optical Fiber Cables Exports

Exports in Europe

In 2022, approx. X tons of optical fiber cables were exported in Europe; surging by X% on 2021. Total exports indicated a remarkable 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, optical fiber cables exports expanded remarkably to $X in 2022. Total exports indicated a strong 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 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, France (X tons), distantly followed by Poland (X tons), Germany (X tons), Romania (X tons), Spain (X tons), the Netherlands (X tons) and Norway (X tons) represented the major exporters of optical fiber cables, together creating X% of total exports. The UK (X tons), the Czech Republic (X tons), Belgium (X tons), Sweden (X tons), Belarus (X tons) and Russia (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to optical fiber cables exports from France stood at X%. At the same time, Romania (X%), the Czech Republic (X%), Poland (X%), Russia (X%), the Netherlands (X%), the UK (X%), Belgium (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Germany and Spain experienced a relatively flat trend pattern. By contrast, Norway (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Romania (X p.p.), Poland (X p.p.), the Netherlands (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.), Belarus (X p.p.), Spain (X p.p.) and Norway (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest optical fiber cables supplying countries in Europe were France ($X), Poland ($X) and the Netherlands ($X), together comprising X% of total exports. Germany, Romania, Norway, the UK, the Czech Republic, Spain, Belgium, Sweden, Russia and Belarus lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Romania, 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

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 the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Optical Fiber Cables Imports

Imports in Europe

For the third consecutive year, Europe recorded growth in overseas purchases of optical fiber cables, which increased by X% to X tons in 2022. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, optical fiber cables imports reached $X in 2022. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, France (X tons), the UK (X tons), Germany (X tons) and the Netherlands (X tons) was the major importer of optical fiber cables in Europe, generating X% of total import. It was distantly followed by Russia (X tons), Spain (X tons) and Poland (X tons), together comprising a X% share of total imports. Ireland (X tons), Italy (X tons), Norway (X tons), Denmark (X tons), Portugal (X tons) and Romania (X tons) took a relatively small share of total imports.

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

In value terms, the largest optical fiber cables importing markets in Europe were the UK ($X), France ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main importing countries, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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