Optical Fiber Cables Market Overview in Egypt
In value terms, optical fiber cables production surged to $ in estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by % y-o-y. Optical fiber cables production peaked at $ in 2010; however, from 2011 to , production failed to regain the momentum.
The value of the optical fiber cables market in Egypt soared to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. from 2018 to , the growth of the market failed to regain the momentum.