Optical Fiber Cable Market Overview in Belgium
In value terms, optical fiber cable production dropped remarkably to $ in estimated in export prices. Overall, the total production 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. The pace of growth was the most pronounced in 2018 when the production volume increased by % against the previous year. Optical fiber cable production peaked at $ in 2019, and then shrank rapidly in the following year.
The revenue of the optical fiber cable market in Belgium declined to $ in , which is down 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 +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2019, and then contracted in the following year.
From 2007 to , the average annual rate of growth in terms of the volume of consumption of optical fiber cables stood at +%.
In value terms, optical fiber cables ($) led the market, alone. The second position in the ranking was occupied by optical fiber bundles and cables ($).
From 2007 to , the average annual growth rate of the market volume of optical fiber cables totaled +%.