U.S. Fiber Optic Cable Market. Analysis And Forecast to 2025
Fiber Optic Cable Market - U.S. Fiber Optic Cable Exports Grew Steadily Over the Past Decade
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The U.S. takes an 18% share (based on USD) of global exports on the fiber optic cable market, which put it in second place, following China (22%). In 2015, the U.S. exported 1,105 million USD, +9% over the previous year.
From 2007 to 2015, the U.S. fiber optic cable exports showed steady growth. There was an annual increase of +12.2% throughout the analysed period. In 2010, U.S. fiber optic cable exporters overcame the pre-recession level achieved in 2007.
As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver.
In 2015, the main destinations of U.S. fiber optic cable exports were Canada (22%) and Mexico (21%). The share exported to Canada increased (+2 percentage points), while the share sent to Mexico illustrated negative dynamics (-2 percentage points) between 2007 and 2015.
From 2007 to 2015, the U.S. was a net exporter of fiber optic cable, except a small trade deficit in 2007. Moreover, exports grew faster than imports on average over the period under review.
Net US exports of fiber optic cable showed a positive trend over the period under review. In 2015, this industry ran a trade surplus of 286 million USD, approximately 26% of gross exports.
Do you want to know more about the U.S. fiber optic cable market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- fiber optic cable market share
- fiber optic cable prices
- fiber optic cable industry
- fiber optic cable sales
- fiber optic cable market forecast
- fiber optic cable price forecast
- key fiber optic cable producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the fiber optic cable market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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