The import of optical fibres and cables to Ethiopia saw significant fluctuations between 2013 and 2023. In 2023, the import volume reached approximately 928.49 thousand kilograms. This marked a year-on-year increase of 0.93% from 2022. The five-year Compound Annual Growth Rate (CAGR) for 2019 to 2023 was modest at 0.99%.
From 2013 to 2014, imports surged by 247.35%, the largest increase in the dataset. However, consistent growth was not observed yearly, with notable declines such as in 2015 (-36.2%) and 2020 (-16.15%). The period from 2016 onwards generally showed more stability with smaller year-on-year variations.
Looking ahead, the forecasted data suggests a steady growth trend. The forecasted five-year CAGR from 2024 to 2028 is 0.74%, indicating a gradual increase in import volumes. The import volume is expected to grow to 974.39 thousand kilograms by 2028, translating to a cumulative growth of 3.75% over the next five years.
Future trends to watch for include potential impacts of technological advancements, government policies on telecommunications infrastructure, and economic stability in Ethiopia. These factors will play pivotal roles in shaping the demand for optical fibres and cables.