Hong Kong SAR, China - Optical Fibers and Bundles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber and Bundle in Hong Kong SAR - 2023
Contents:
- Price for Optical Fiber and Bundle in Hong Kong SAR (FOB) - 2022
- Price for Optical Fiber and Bundle in Hong Kong SAR (CIF) - 2023
- Exports of Optical Fiber and Bundle in Hong Kong SAR
- Imports of Optical Fiber and Bundle in Hong Kong SAR
Price for Optical Fiber and Bundle in Hong Kong SAR (FOB) - 2022
In 2022, the average optical fiber and bundle export price amounted to $135,526 per ton, reducing by -15.5% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure at $168,609 per ton in 2016; however, from 2017 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 China ($208,854 per ton), while the average price for exports to the Philippines ($57,661 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 China (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Optical Fiber and Bundle in Hong Kong SAR (CIF) - 2023
The average optical fiber and bundle import price stood at $229K per ton in August 2023, which is down by -18.3% against the previous month. In general, the import price, however, showed a moderate increase. The most prominent rate of growth was recorded in September 2022 an increase of 157% m-o-m. Over the period under review, average import prices reached the maximum at $431K per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1.1M per ton), while the price for China ($98,644 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced a decline.
Exports of Optical Fiber and Bundle in Hong Kong SAR
In 2022, approx. 427 tons of optical fibers and bundles were exported from Hong Kong SAR; reducing by -4.1% compared with 2021. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 45%.
In value terms, optical fiber and bundle exports contracted dramatically to $58M in 2022. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 58%.
Export of Optical Fiber and Bundle in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 57.8 | 37.2 | 59.1 | 40.8 | -11.0% |
Thailand | 10.1 | 2.1 | 3.1 | 5.1 | -20.4% |
Indonesia | N/A | 0.1 | 1.1 | 4.6 | 578.2% |
United States | 2.0 | 2.3 | 2.7 | 1.8 | -3.5% |
Japan | 2.5 | 0.1 | 0.1 | 1.1 | -23.9% |
Philippines | 0.2 | N/A | 0.4 | 0.7 | 51.8% |
Azerbaijan | N/A | N/A | N/A | 0.5 | 0% |
Others | 4.1 | 3.3 | 4.9 | 3.2 | -7.9% |
Total | 76.7 | 45.1 | 71.4 | 57.8 | -9.0% |
Top Export Markets for Optical Fiber and Bundle from Hong Kong SAR in 2022:
- China (195.3 tons)
- Thailand (88.4 tons)
- Indonesia (67.3 tons)
- United States (22.4 tons)
- Philippines (11.3 tons)
- Azerbaijan (8.7 tons)
- Japan (7.2 tons)
Imports of Optical Fiber and Bundle in Hong Kong SAR
In 2022, the amount of optical fibers and bundles imported into Hong Kong SAR reduced sharply to 166 tons, shrinking by -36.5% compared with the previous year's figure. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 33%.
In value terms, optical fiber and bundle imports contracted dramatically to $31M in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $38M, and then dropped markedly in the following year.
Import of Optical Fiber and Bundle in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.4 | 10.2 | 12.1 | 13.6 | 13.1% |
China | 11.1 | 4.9 | 10.5 | 7.7 | -11.5% |
Thailand | 0.9 | 5.8 | 2.9 | 2.9 | 47.7% |
Japan | 8.1 | 1.3 | 2.1 | 1.6 | -41.8% |
Germany | 0.6 | 1.0 | 1.2 | 0.9 | 14.5% |
Vietnam | 0.8 | 1.4 | 1.3 | 0.4 | -20.6% |
South Korea | 0.1 | 0.6 | 0.3 | 0.2 | 26.0% |
Others | 6.4 | 6.4 | 7.5 | 4.1 | -13.8% |
Total | 37.5 | 31.5 | 37.7 | 31.4 | -5.7% |
Top Suppliers of Optical Fiber and Bundle to Hong Kong SAR in 2022:
- China (135.8 tons)
- United States (8.0 tons)
- South Korea (6.5 tons)
- Thailand (3.6 tons)
- Germany (3.3 tons)
- Japan (3.2 tons)
- Vietnam (1.1 tons)
This report provides an in-depth analysis of the market for optical fiber and bundle in Hong Kong SAR, China. 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 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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