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Colombia - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Optical Fiber Cables Market Overview 2021

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Optical Fiber Cables Market Size in Colombia

In 2020, after three years of growth, there was significant decline in the Colombian optical fiber cables market, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2013 to 2020, the growth of the market remained at a lower figure.

Optical Fiber Cables Exports

Exports from Colombia

For the sixth year in a row, Colombia recorded growth in overseas shipments of optical fiber cables, which increased by X% to X tonnes in 2020. Over the period under review, exports saw a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical fiber cables exports skyrocketed to $X in 2020. In general, exports posted a resilient expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X tonnes), the U.S. (X tonnes) and Mexico (X tonnes) were the main destinations of optical fiber cables exports from Colombia, with a combined X% share of total exports. Hong Kong SAR lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for optical fiber cables exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and Mexico (+X% per year).

Export Prices by Country

In 2020, the average optical fiber cables export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price showed a abrupt decline. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Peru ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Optical Fiber Cables Imports

Imports into Colombia

In 2020, supplies from abroad of optical fiber cables increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, optical fiber cables imports shrank dramatically to $X in 2020. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2013 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of optical fiber cables to Colombia, with a X% share of total imports. Moreover, optical fiber cables imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), twofold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Spain (+X% per year).

In value terms, the largest optical fiber cables suppliers to Colombia were China ($X), Mexico ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by Free Zones, India and South Korea, which together accounted for a further X the main suppliers, India saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average optical fiber cables import price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Free Zones ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical fiber cables in the world?
+
The countries with the highest volumes of optical fiber cables consumption in 2020 were China (135K tonnes), the U.S. (125K tonnes) and Mexico (61K tonnes), together accounting for 31% of global consumption. Brazil, France, Turkey, Russia, Germany, Viet Nam, Thailand, Egypt, the Philippines and Indonesia lagged somewhat behind, together accounting for a further 30%.
What are the largest producers of optical fiber cables in the world?
+
The country with the largest volume of optical fiber cables production was China (475K tonnes), accounting for 44% of total volume. Moreover, optical fiber cables production in China exceeded the figures recorded by the second-largest producer, the U.S. (104K tonnes), fivefold. Mexico (60K tonnes) ranked third in terms of total production with a 5.5% share.
What are the leading suppliers of optical fiber cables to Colombia?
+
In value terms, China ($15M), Mexico ($8.2M) and Spain ($2.2M) appeared to be the largest optical fiber cables suppliers to Colombia, with a combined 76% share of total imports. These countries were followed by Free Zones, India and South Korea, which together accounted for a further 14%.
What are the leading importers of optical fiber cables from Colombia?
+
In value terms, the U.S. ($862K) remains the key foreign market for optical fiber cables exports from Colombia, comprising 61% of total exports. The second position in the ranking was occupied by Peru ($341K), with a 24% share of total exports. It was followed by Mexico, with a 7.2% share.
What is the average export price for optical fiber cables in Colombia?
+
In 2020, the average optical fiber cables export price amounted to $9,322 per tonne, shrinking by -17% against the previous year.
What is the average import price for optical fiber cables in Colombia?
+
The average optical fiber cables import price stood at $5,646 per tonne in 2020, dropping by -23.6% against the previous year.

Product coverage:
• Prodcom 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors

This report provides an in-depth analysis of the optical fiber cables market in Colombia. 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.


Country coverage:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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