Global Optical Fiber Cables Market Overview
In value terms, optical fiber cables production amounted to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by % year-to-year. Over the period under review, global production attained the peak level in and is likely to continue growth in the immediate term.
The country with the largest volume of optical fiber cables production was China ( tonnes), comprising approx. % of total volume. Moreover, optical fiber cables production in China exceeded the figures recorded by the second-largest producer, the U.S. ( tonnes), fivefold. Mexico ( tonnes) ranked third in terms of total production with a % share.
In China, optical fiber cables production increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: the U.S. (-% per year) and Mexico (+% per year).
The global optical fiber cables market value dropped slightly to $ in , with a decrease of -% 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 showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Over the period under review, the global market reached the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain the momentum.
From 2007 to , the biggest increases were in Turkey, while optical fiber cables consumption for the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($), China ($) and France ($) constituted the countries with the highest levels of market value in , together accounting for % of the global market. These countries were followed by Mexico, Germany, Viet Nam, Russia, Brazil, Turkey, Egypt, the Philippines, Thailand and Indonesia, which together accounted for a further %.
Turkey recorded the highest growth rate of market size, among the main consuming countries over the period under review, while optical fiber cables market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of optical fiber cables per capita consumption in were France ( kg per persons), Turkey ( kg per persons) and Mexico ( kg per persons).
From 2007 to , the most notable rate of growth in terms of optical fiber cables per capita consumption, amongst the key consuming countries, was attained by Turkey, while optical fiber cables per capita consumption for the other global leaders experienced more modest paces of growth.