The Manufacture of Fibre Optic Cables sector in Italy has experienced significant fluctuations in production values over the past decade. Starting from a high of €681.8 million in 2013, the sector saw a dramatic decline in 2014, with production dropping by more than 82%. This was followed by moderate year-on-year fluctuations and a general downward trend. The production value stood at €133.9 million in 2023, indicating a continual decline. Over the past two years, the sector experienced a year-on-year decrease of over 5% in 2023 and 1.26% in 2022. The average annual decline over the last five years (CAGR) has been approximately -7.19%.
Looking forward, the forecast indicates a persistent downward trend, with production expected to drop to €63.9 million by 2028. The 5-year forecasted CAGR stands at -11.78%, representing a nearly 50% reduction in production value over this period.
Future trends to watch include advancements in fibre optic technology, potential increases in demand driven by expanding internet connectivity, and economic factors influencing production costs. Monitoring government policies and investments in telecommunications infrastructure will also be crucial.
