Venezuela - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOptical Fiber Cables Price in Venezuela - 2022
Contents:
- Optical Fiber Cables Price in Venezuela (CIF) - 2022
- Optical Fiber Cables Price in Venezuela (FOB) - 2022
- Optical Fiber Cables Imports in Venezuela
- Optical Fiber Cables Exports in Venezuela
Optical Fiber Cables Price in Venezuela (CIF) - 2022
In 2022, the average optical fiber cables import price amounted to $6,451 per ton, with an increase of 6.6% against the previous year. In general, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2015 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $15,528 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($208,104 per ton), while the price for Japan ($930 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 (+31.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Optical Fiber Cables Price in Venezuela (FOB) - 2022
In 2022, the average optical fiber cables export price amounted to $21,587 per ton, rising by 3.5% against the previous year. In general, the export price enjoyed a notable expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 242% against the previous year. Over the period under review, the average export prices attained the maximum at $59,295 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($126,429 per ton), while the average price for exports to Ireland ($786 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 Colombia (+32.7%), while the prices for the other major destinations experienced a decline.
Optical Fiber Cables Imports in Venezuela
In 2022, purchases abroad of optical fiber cables decreased by -28.5% to 945 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 382%.
In value terms, optical fiber cables imports dropped dramatically to $6.1M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 299%.
Import of Optical Fiber Cables in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 214 | 2,035 | 5,149 | 3,405 | 151.5% |
South Korea | 45.0 | 201 | 134 | 303 | 88.8% |
Italy | 44.8 | 98.0 | 121 | 88.8 | 25.6% |
Iran | 69.3 | 128 | 134 | 83.3 | 6.3% |
Japan | 22.3 | 37.0 | 34.8 | 19.4 | -4.5% |
Others | 658 | 1,702 | 2,422 | 2,200 | 49.5% |
Total | 1,053 | 4,201 | 7,996 | 6,099 | 79.6% |
Top Suppliers of Optical Fiber Cables to Venezuela in 2022:
- China (775.2 tons)
- South Korea (44.6 tons)
- Iran (41.6 tons)
- Italy (32.1 tons)
- Japan (20.8 tons)
Optical Fiber Cables Exports in Venezuela
In 2022, optical fiber cables exports from Venezuela fell dramatically to 300 kg, with a decrease of -40% on 2021. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 376% against the previous year. As a result, the exports reached the peak of 500 kg, and then reduced dramatically in the following year.
In value terms, optical fiber cables exports dropped notably to $6.5K in 2022. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 312%. As a result, the exports reached the peak of $10K, and then fell remarkably in the following year.
Export of Optical Fiber Cables in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 5.8 | 1.8 | 2.5 | 3.8 | -13.1% |
Colombia | 1.8 | 0.7 | 1.3 | 2.7 | 14.5% |
Argentina | N/A | N/A | N/A | N/A | 0% |
Ireland | N/A | N/A | N/A | N/A | 0% |
Indonesia | N/A | N/A | 3.3 | N/A | 0% |
Others | N/A | N/A | 3.3 | N/A | 0% |
Total | 7.6 | 2.5 | 10.4 | 6.5 | -5.1% |
Top Export Markets for Optical Fiber Cables from Venezuela in 2022:
- Panama (257.0 kg)
- Colombia (21.0 kg)
- Ireland (14.0 kg)
- Argentina (6.0 kg)
This report provides an in-depth analysis of the optical fiber cables market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors
Country coverage:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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