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Cuba - Iron or Steel Plaited Bands and Slings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Steel Plaited Band Market 2024
Steel Plaited Band Market Size in Cuba
The Cuban steel plaited band market expanded markedly to $X in 2021, with an increase of 6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt curtailment. Steel plaited band consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Steel Plaited Band Exports
Exports from Cuba
In 2017, approx. X kg of iron or steel plaited bands and slings were exported from Cuba; remaining constant against the previous year. Over the period under review, exports recorded a sharp decrease. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.
In value terms, steel plaited band exports amounted to $X in 2017. Overall, exports saw a precipitous shrinkage. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.
Exports by Country
Egypt (X kg) was the main destination for steel plaited band exports from Cuba, accounting for a approx. 100% share of total exports.
From 2015 to 2017, the average annual rate of growth in terms of volume to Egypt was relatively modest.
From 2015 to 2017, the average annual growth rate of value to Egypt was relatively modest.
Export Prices by Country
The average steel plaited band export price stood at $X per ton in 2017, leveling off at the previous year. Over the period under review, the export price saw significant growth. The pace of growth appeared the most rapid in 2016 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2017 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Egypt.
From 2015 to 2017, the rate of growth in terms of prices for Egypt amounted to 0.0% per year.
Steel Plaited Band Imports
Imports into Cuba
In 2021, approx. X tons of iron or steel plaited bands and slings were imported into Cuba; growing by 28% on 2020. In general, imports, however, showed a abrupt decline. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.
In value terms, steel plaited band imports declined to $X in 2021. Overall, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2019 when imports increased by 67%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Spain (X tons) constituted the largest supplier of steel plaited band to Cuba, with a 77% share of total imports. Moreover, steel plaited band imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The third position in this ranking was held by Italy (X tons), with a 6.5% share.
From 2012 to 2021, the average annual growth rate of volume from Spain stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.9% per year) and Italy (-4.6% per year).
In value terms, Spain ($X) constituted the largest supplier of steel plaited band to Cuba, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Italy, with an 8.2% share.
From 2012 to 2021, the average annual growth rate of value from Spain stood at -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+42.3% per year) and Italy (-5.4% per year).
Import Prices by Country
The average steel plaited band import price stood at $X per ton in 2021, with a decrease of -26.5% against the previous year. In general, the import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 56% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($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 China (+13.0%), 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 steel plaited band 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
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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