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Cuba - Sacks and Bags of Polymers of Ethylene - Market Analysis, Forecast, Size, Trends and Insights
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Ethylene Polymer Bag Market Size in Cuba
For the fourth consecutive year, the Cuban ethylene polymer bag market recorded decline in sales value, which decreased by -24.1% to $X in 2021. Overall, consumption showed a deep reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Ethylene Polymer Bag Exports
Exports from Cuba
In 2021, the amount of sacks and bags of polymers of ethylene exported from Cuba soared to X tons, rising by 516% compared with 2020 figures. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ethylene polymer bag exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Slovenia (X tons) was the main destination for ethylene polymer bag exports from Cuba, with a 87% share of total exports. Moreover, ethylene polymer bag exports to Slovenia exceeded the volume sent to the second major destination, Angola (X kg), sevenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia was relatively modest.
In value terms, Slovenia ($X) emerged as the key foreign market for ethylene polymer bag exports from Cuba, comprising 99% of total exports. The second position in the ranking was taken by Angola ($X), with a 0.5% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Slovenia was relatively modest.
Export Prices by Country
The average ethylene polymer bag export price stood at $X per ton in 2021, reducing by -26.4% against the previous year. In general, the export price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 107%. The export price peaked at $X per ton in 2020, and then fell markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Angola stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1,504.8%).
Ethylene Polymer Bag Imports
Imports into Cuba
In 2021, the amount of sacks and bags of polymers of ethylene imported into Cuba shrank remarkably to X tons, which is down by -25.9% on the year before. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of 48% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, ethylene polymer bag imports shrank rapidly to $X in 2021. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2013 when imports increased by 38%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
Mexico (X tons), China (X tons) and Spain (X tons) were the main suppliers of ethylene polymer bag imports to Cuba, together comprising 59% of total imports. Panama, Italy, Canada and the Dominican Republic lagged somewhat behind, together accounting for a further 34%.
From 2012 to 2021, the biggest increases were in Canada (with a CAGR of +6.3%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Spain ($X), China ($X) and Italy ($X) constituted the largest ethylene polymer bag suppliers to Cuba, with a combined 53% share of total imports. Mexico, Panama, the Dominican Republic and Canada lagged somewhat behind, together comprising a further 37%.
In terms of the main suppliers, the Dominican Republic, with a CAGR of +13.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average ethylene polymer bag import price stood at $X per ton in 2021, increasing by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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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