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Cuba - Copper Screws, Bolts and Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Copper Screw Market 2024
Copper Screw Market Size in Cuba
In 2021, the Cuban copper screw market increased by 213% to $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption, however, showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Copper Screw Exports
Exports from Cuba
Copper screw exports from Cuba stood at X kg in 2020, standing approx. at the previous year. In general, exports continue to indicate a drastic downturn. The smallest decline of 99.9% was in 2015. The exports peaked at X kg in 2014; however, from 2015 to 2020, the exports failed to regain momentum.
In value terms, copper screw exports amounted to $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Portugal (X kg) was the main destination for copper screw exports from Cuba, accounting for a approx. 100% share of total exports.
From 2014 to 2020, the average annual rate of growth in terms of volume to Portugal was relatively modest.
From 2014 to 2020, the average annual growth rate of value to Portugal was relatively modest.
Export Prices by Country
In 2020, the average copper screw export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price posted a buoyant increase. The growth pace was the most rapid in 2015 a decrease of 99.9% against the previous year. The export price peaked in 2020 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Portugal.
From 2014 to 2020, the rate of growth in terms of prices for Montenegro amounted to 0.0% per year.
Copper Screw Imports
Imports into Cuba
In 2021, supplies from abroad of copper screws, bolts and nuts was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2013 when imports increased by 504% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.
In value terms, copper screw imports soared to $X in 2021. Overall, imports, however, showed a deep reduction. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Panama (X tons) constituted the largest supplier of copper screw to Cuba, with a 47% share of total imports. Moreover, copper screw imports from Panama exceeded the figures recorded by the second-largest supplier, Spain (X kg), threefold. The third position in this ranking was held by China (X kg), with a 6.6% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Panama amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.5% per year) and China (+0.5% per year).
In value terms, Panama ($X) constituted the largest supplier of copper screws, bolts and nuts to Cuba, comprising 50% of total imports. The second position in the ranking was held by Spain ($X), with a 7.6% share of total imports. It was followed by the Netherlands, with a 7.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Panama stood at +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+8.5% per year) and the Netherlands (+22.2% per year).
Import Prices by Country
The average copper screw import price stood at $X per ton in 2021, with an increase of 21% against the previous year. Overall, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 86%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+91.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the copper screw market in Cuba. 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 2030.
Product coverage:
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
Country coverage:
- Cuba
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cuba
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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