
Cuba - Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury - Market Analysis, Forecast, Size, Trends and Insights
Cuba: Alkali Metals Market 2023
Alkali Metals Market Size in Cuba
For the third consecutive year, the Cuban alkali metals market recorded growth in sales value, which increased by 13% to $X in 2021. Overall, consumption showed a mild decline. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Alkali Metals Exports
Exports from Cuba
In 2021, approx. less than X kg of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were exported from Cuba; flattening at the previous year's figure. In general, exports showed a relatively flat trend pattern.
In value terms, alkali metals exports totaled less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.
Alkali Metals Imports
Imports into Cuba
Alkali metals imports into Cuba fell modestly to X tons in 2021, almost unchanged from the year before. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, alkali metals imports skyrocketed to $X in 2021. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by 70%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Canada (X tons) was the main alkali metals supplier to Cuba, accounting for a approx. 99.9% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Canada totaled -10.7%.
In value terms, Canada ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Cuba.
From 2012 to 2021, the average annual rate of growth in terms of value from Canada stood at +5.6%.
Import Prices by Country
In 2021, the average alkali metals import price amounted to $X per ton, with an increase of 18% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 83%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +18.2% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the alkali metals 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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