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Cuba - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Market for Glass Fibres and Glass Fibre Articles 2024
Market Size for Glass Fibres and Glass Fibre Articles in Cuba
The Cuban glass fibre and article market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a pronounced decline. Glass fibre and article consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.
Exports of Glass Fibres and Glass Fibre Articles
Exports from Cuba
In 2018, shipments abroad of glass fibres and glass fibre articles decreased by 0% to X kg, falling for the second consecutive year after two years of decline. Overall, exports recorded a perceptible shrinkage. The smallest decline of 99.9% was in 2017. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports remained at a lower figure.
In value terms, glass fibre and article exports stood at $X in 2018. Over the period under review, exports faced a dramatic slump. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.
Exports by Country
France (X kg) was the main destination for glass fibre and article exports from Cuba, accounting for a approx. 100% share of total exports.
From 2012 to 2018, the average annual growth rate of volume to France was relatively modest.
From 2012 to 2018, the average annual growth rate of value to France was relatively modest.
Export Prices by Country
In 2018, the average glass fibre and article export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 a decrease of 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2018, the rate of growth in terms of prices for Austria amounted to 0.0% per year.
Imports of Glass Fibres and Glass Fibre Articles
Imports into Cuba
In 2021, after two years of decline, there was significant growth in purchases abroad of glass fibres and glass fibre articles, when their volume increased by 53% to X tons. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 53% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, glass fibre and article imports soared to $X in 2021. In general, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 110%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Spain (X tons) constituted the largest glass fibre and article supplier to Cuba, accounting for a 41% share of total imports. Moreover, glass fibre and article imports from Spain exceeded the figures recorded by the second-largest supplier, Mexico (X tons), eightfold. Colombia (X tons) ranked third in terms of total imports with a 2.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-12.5% per year) and Colombia (-17.5% per year).
In value terms, Spain ($X) constituted the largest supplier of glass fibres and glass fibre articles to Cuba, comprising 36% of total imports. The second position in the ranking was held by Mexico ($X), with a 12% share of total imports. It was followed by China, with a 5.3% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-11.1% per year) and China (+19.2% per year).
Import Prices by Country
In 2021, the average glass fibre and article import price amounted to $X per ton, reducing by -6% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 57%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.6%), 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 market for glass fibre and article 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
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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