Fiber Optic Cable: Purchases Up by 10%
Monday, May 9, 2022
During the third quarter of 2021 there was a growth in the Central American region in fiber optic cable imports by $10 million, reaching $55 million in purchases, the main supplier is China with $18 million.
Figures from the Trade Intelligence Unit of CentralAmericaData:

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Costa Rica, Main Importer
In the first nine months of 2019 the main buyer in the region was Costa Rica, with $21.5 million, followed by Honduras with $6.7 million, El Salvador with $6.5 million, Panama and Guatemala with $8.3 million and Nicaragua with $3.6 million.

Regarding the year-on-year variation of purchases, two of the six countries registered decreases. In Nicaragua, imports fell by 7.24%, while in Honduras they fell by 14.73%.

El Salvador, Costa Rica, Guatemala and Panama were the markets that recorded positive variations, reporting increases of 59%, 49%, 28% and 5%, respectively.

Regional Business Figures
Between January and September 2020 and the same period in 2021, the imported value of fiber optic cables in Central America increased by $10 million, growing from $45 million to $55 million.

For the periods in question, purchases from companies in the United States increased from $5.4 million to $9.2 million.

China, the Most Important Supplier
From January to September last year, 32% of the value of imports in the region came from China, 17% from the U.S., 16% from Mexico, 9% from Hong Kong and 7% from Spain.

China is the market of origin of imports that has grown the most for the period in question over the last ten years, since in 2012 it represented 6% of Central America's total purchases and in 2021 that proportion rose to 32%.

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Figures from the Trade Intelligence Unit at CentralAmerica
Data
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