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Philippines - Optical Fibers, Bundles and Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber, Bundle and Cable in the Philippines - 2023
Contents:
- Price for Optical Fiber, Bundle and Cable in the Philippines (CIF) - 2022
- Price for Optical Fiber, Bundle and Cable in the Philippines (FOB) - 2022
- Imports of Optical Fiber, Bundle and Cable in the Philippines
- Exports of Optical Fiber, Bundle and Cable in the Philippines
Price for Optical Fiber, Bundle and Cable in the Philippines (CIF) - 2022
In 2022, the average import price for optical fibers, bundles and cables amounted to $6,426 per ton, surging by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.4%. The most prominent rate of growth was recorded in 2013 an increase of 77% against the previous year. Over the period under review, average import prices hit record highs at $7,402 per ton in 2014; however, from 2015 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 Norway ($9,435 per ton), while the price for Myanmar ($3,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Fiber, Bundle and Cable in the Philippines (FOB) - 2022
In 2022, the average export price for optical fibers, bundles and cables amounted to $30,537 per ton, increasing by 63% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 107%. As a result, the export price reached the peak level of $32,643 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($199,893 per ton), while the average price for exports to Japan ($8,305 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 Hong Kong SAR (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Fiber, Bundle and Cable in the Philippines
After three years of growth, overseas purchases of optical fibers, bundles and cables decreased by -5.4% to 51K tons in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 67%.
In value terms, optical fiber, bundle and cable imports expanded to $325M in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Optical Fiber, Bundle and Cable in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.1 | 166 | 246 | 256 | 38.1% |
Norway | N/A | 1.9 | 28.5 | 24.6 | 259.8% |
Myanmar | N/A | N/A | 1.7 | 8.6 | 405.9% |
United Kingdom | 6.0 | 1.7 | 8.5 | 7.0 | 5.3% |
Others | 32.1 | 27.4 | 29.3 | 29.6 | -2.7% |
Total | 135 | 197 | 314 | 325 | 34.0% |
Top Suppliers of Optical Fiber, Bundle and Cable to the Philippines in 2022:
- China (42.8K tons)
- Norway (2.6K tons)
- Myanmar (2.3K tons)
- United Kingdom (1.4K tons)
Exports of Optical Fiber, Bundle and Cable in the Philippines
In 2022, approx. 2.1K tons of optical fibers, bundles and cables were exported from the Philippines; remaining stable against 2021. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 191%. As a result, the exports attained the peak of 2.1K tons, leveling off in the following year.
In value terms, optical fiber, bundle and cable exports skyrocketed to $63M in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Optical Fiber, Bundle and Cable in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 0.9 | N/A | 0.4 | 22.4 | 192.0% |
United States | 7.0 | 10.1 | 8.1 | 11.5 | 18.0% |
Japan | 2.0 | 3.0 | 8.5 | 7.3 | 54.0% |
Taiwan (Chinese) | 7.9 | N/A | 8.6 | 6.9 | -4.4% |
Thailand | 1.8 | 3.5 | 3.2 | 6.7 | 55.0% |
Others | 7.8 | 6.7 | 10.4 | 8.2 | 1.7% |
Total | 27.5 | 23.3 | 39.0 | 63.0 | 31.8% |
Top Export Markets for Optical Fiber, Bundle and Cable from the Philippines in 2022:
- Japan (884.0 tons)
- Taiwan (Chinese) (422.3 tons)
- Thailand (366.3 tons)
- United States (204.0 tons)
- Hong Kong SAR (112.2 tons)
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in the Philippines. 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
- Prodcom 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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