MENA: Optical Fiber Cables Market 2024

Optical Fiber Cables Market Size in MENA

The MENA's optical fiber cables market reduced to $X in 2022, falling by X% against the previous year. The total consumption indicated a moderate 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 decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Optical Fiber Cables Production in MENA

In value terms, optical fiber cables production shrank to $X in 2022 estimated in export price. Over the period under review, production posted a perceptible increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Optical Fiber Cables Exports

Exports in MENA

In 2022, overseas shipments of optical fiber cables increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, optical fiber cables exports surged to $X in 2022. Over the period under review, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Turkey (X tons), the United Arab Emirates (X tons), Morocco (X tons), Saudi Arabia (X tons), Israel (X tons), Tunisia (X tons) and Oman (X tons), together resulting at X% of total export.

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

In value terms, the largest optical fiber cables supplying countries in MENA were Morocco ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Oman ($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.

Optical Fiber Cables Imports

Imports in MENA

In 2022, the amount of optical fiber cables imported in MENA reduced to X tons, shrinking by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, optical fiber cables imports shrank to $X in 2022. The total import 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 throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), followed by Saudi Arabia (X tons), Israel (X tons), Morocco (X tons), Egypt (X tons), Turkey (X tons), Iraq (X tons) and Algeria (X tons) represented the main importers of optical fiber cables, together making up X% of total imports. Oman (X tons), Tunisia (X tons), Palestine (X tons), Qatar (X tons) and Jordan (X tons) held a little share of total imports.

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

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Turkey, Morocco, Egypt, Tunisia, Iraq, Qatar, Jordan, Algeria, Palestine and Oman lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Palestine, with a CAGR of X%, recorded 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 MENA stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a slight downturn. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked 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 Jordan ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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