Optical Fiber Cable Market Overview in Slovakia
In value terms, optical fiber cable production reached $ in estimated in export prices. Over the period under review, production, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. Optical fiber cable production peaked in and is expected to retain growth in the immediate term.
The revenue of the optical fiber cable market in Slovakia declined notably 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). In general, consumption, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2008 when the market value increased by % against the previous year. Optical fiber cable consumption peaked at $ in 2019, and then dropped dramatically in the following year.
From 2007 to , the average annual growth rate of the volume of consumption of optical fiber cables totaled +%.
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 +%.