In 2023, the UK's import volume of optical fibre cables made up of individually sheathed fibres stood at 12.90 million kilograms. Forecast data indicates a steady rise in imports, with volumes projected to reach 13.244 million kilograms in 2024, increasing to 14.602 million kilograms by 2028. Over this period, the compound annual growth rate (CAGR) is expected to be approximately 2.5%.
Future trends to watch for:
- Technological advancements driving demand for higher-speed connections.
- Potential impacts from regulatory changes within the telecommunications sector.
- Increase in smart infrastructure projects influencing optical fibre demand.
