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    Home > Chemicals Industry > International Chemical > In 2018, global demand for optical fiber and cable increased by only 4%, which is mainly due to the downturn in the Chinese market

    In 2018, global demand for optical fiber and cable increased by only 4%, which is mainly due to the downturn in the Chinese market

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    2018 was a difficult year for the fiber optic cable industry, with world demand growing by only 4%
    throughout the year.
    But there have been breakthroughs, such as fixed broadband subscriptions exceeding the 1 billion level, but the largest demand market, China, has declined
    for the first time in 16 years.

    CRU said in its annual report that global demand for optical fiber and cable increased by nearly 4% in 2018, the lowest annual growth rate since 2003, mainly due to sluggish
    demand in the Chinese market.

    In 2018, global preform production capacity increased due to the expansion of Chinese producers, but at the same time, due to the downturn in the Chinese market, the nearly two-year fiber shortage ended
    in mid-2018.
    China Mobile, the world's largest cable user, ordered less than it planned to tender in the first half of 2018 and did not bid
    in the second half of the year.
    This is the main reason why
    China's demand did not grow in 2018.

    It is worth mentioning that according to trade statistics reported in US dollars, the US tariff policy on Chinese-made cables and components has little impact
    on the volume of exports from China to the United States.

    On the other hand, global fixed broadband subscribers exceeded the 1 billion subscriber mark in 2018, reaching 1.
    06 billion, of which 51.
    1 billion were connected to FTTP/B broadband networks
    .
    Of these users, 325 million are from China, accounting for 64%.

    In 2018, the total number of submarine cable installations reached the highest
    level since 2001.
    In addition, several previously installed submarine cable systems have been upgraded
    with faster transmission systems.
    In addition, several major new transoceanic systems were announced in 2018, indicating that the submarine cable market will continue to grow in the near future
    .

    In terms of regional markets, France's fiber optic cable demand grew by 33% in 2018, making France the fourth largest market
    in the world after China, the United States and India.

    2018 was a difficult year for the fiber optic cable industry, with world demand growing by only 4%
    throughout the year.
    But there have been breakthroughs, such as fixed broadband subscriptions exceeding the 1 billion level, but the largest demand market, China, has declined
    for the first time in 16 years.

    Fiber optic cable

    CRU said in its annual report that global demand for optical fiber and cable increased by nearly 4% in 2018, the lowest annual growth rate since 2003, mainly due to sluggish
    demand in the Chinese market.

    In 2018, global preform production capacity increased due to the expansion of Chinese producers, but at the same time, due to the downturn in the Chinese market, the nearly two-year fiber shortage ended
    in mid-2018.
    China Mobile, the world's largest cable user, ordered less than it planned to tender in the first half of 2018 and did not bid
    in the second half of the year.
    This is the main reason why
    China's demand did not grow in 2018.

    It is worth mentioning that according to trade statistics reported in US dollars, the US tariff policy on Chinese-made cables and components has little impact
    on the volume of exports from China to the United States.

    On the other hand, global fixed broadband subscribers exceeded the 1 billion subscriber mark in 2018, reaching 1.
    06 billion, of which 51.
    1 billion were connected to FTTP/B broadband networks
    .
    Of these users, 325 million are from China, accounting for 64%.

    In 2018, the total number of submarine cable installations reached the highest
    level since 2001.
    In addition, several previously installed submarine cable systems have been upgraded
    with faster transmission systems.
    In addition, several major new transoceanic systems were announced in 2018, indicating that the submarine cable market will continue to grow in the near future
    .

    In terms of regional markets, France's fiber optic cable demand grew by 33% in 2018, making France the fourth largest market
    in the world after China, the United States and India.

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