Optical Fiber Cable Market Overview in Italy
In value terms, optical fiber cable production rose modestly to $ in estimated in export prices. Overall, the total production indicated a modest increase 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, production increased by +% against 2014 indices. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Optical fiber cable production peaked in and is expected to retain growth in years to come.
The revenue of the optical fiber cable market in Italy expanded notably to $ in , with an increase of % 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, consumption recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the market value increased by % against the previous year. Optical fiber cable consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
From 2007 to , the average annual growth rate of the volume of consumption of optical fiber cables totaled +%.
In value terms, optical fiber cables ($) and optical fiber bundles and cables ($) were the products with the highest levels of market value in .
Among the main consumed products, optical fiber cables saw the highest rates of growth with regard to market size, over the period under review.