In 2023, Germany lead the European optical fibre production market with a significant share, although it saw a decline of 6.76% year-on-year. Italy, showing robust growth, increased by 33.65%, while the United Kingdom had a modest rise of 1.78%. Denmark and Finland exhibited steady growth at 2.29% and 1.03%, respectively. Estonia experienced a remarkable increase of 121.48%, albeit from a smaller base. Sweden and Portugal remained stagnant with no change.
Looking towards the future, trends to watch for include the continued rise of Italy and Estonia in the market. Market dynamics could be influenced by technological advances, changes in demand for telecom infrastructure, and potential policy shifts in individual countries. The overall growth trend in the European optical fibres sector is expected to be shaped by these factors.
Top countries in Sold Production of Optical Fibres and Optical Fibre Bundles Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.15 | 2023 | +1.53% | -6.76% | View data |
| 2 | 2 Italy | 25.09 | 2023 | +15.04% | +33.65% | View data |
| 3 | 3 United Kingdom | 16.64 | 2023 | +0.5% | +1.78% | View data |
| 4 | 4 Denmark | 15.7 | 2023 | +5.26% | +2.29% | View data |
| 5 | 5 Finland | 12.86 | 2023 | +8.92% | +1.03% | View data |
| 6 | 6 Estonia | 1.35 | 2023 | +46.42% | +121.48% | View data |
| 7 | 7 Sweden | 0.91 | 2023 | +24.5% | View data | |
| 8 | 8 Portugal | 0.052 | 2023 | +7.47% | View data |
