Optical Fiber Cable Market Overview in Finland
In value terms, optical fiber cable production totaled $ in estimated in export prices. Overall, production, however, recorded a buoyant expansion. The growth pace was the most rapid in 2009 when the production volume increased by % against the previous year. Optical fiber cable production peaked at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
The value of the optical fiber cable market in Finland surged to $ in , increasing 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). Over the period under review, the total consumption indicated a measured expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The pace of growth was the most pronounced in 2008 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
From 2007 to , the most notable rate of growth in terms of optical fiber cable consumption, amongst the main consumed products, was attained by optical fiber bundle and cable.
In value terms, optical fiber bundles and cables ($) and optical fiber cables ($) appeared to be the products with the highest levels of market value in .
In terms of the main consumed products, optical fiber bundle and cable saw the highest rates of growth with regard to market size, over the period under review.