Report Update May 1, 2024

Cuba - Barbed Wire and Entanglements - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Barbed Wire Market 2024

Barbed Wire Market Size in Cuba

After four years of decline, the Cuban barbed wire market increased by 439% to $X in 2021. Over the period under review, consumption enjoyed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Barbed Wire Exports

Exports from Cuba

In 2021, after eight years of decline, there was significant growth in overseas shipments of barbed wire and entanglements, when their volume increased by 129% to X tons. Over the period under review, exports, however, saw a sharp slump. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, barbed wire exports soared to $X in 2021. In general, exports, however, showed a dramatic setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Jamaica (X tons) was the main destination for barbed wire exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jamaica amounted to -5.4%.

In value terms, Jamaica ($X) also remains the key foreign market for barbed wire and entanglements exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Jamaica amounted to -4.1%.

Export Prices by Country

The average barbed wire export price stood at $X per ton in 2021, jumping by 29% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jamaica.

From 2012 to 2021, the rate of growth in terms of prices for Jamaica amounted to +1.3% per year.

Barbed Wire Imports

Imports into Cuba

In 2021, after four years of decline, there was significant growth in purchases abroad of barbed wire and entanglements, when their volume increased by 351% to X tons. Over the period under review, imports enjoyed a strong expansion. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, barbed wire imports soared to $X in 2021. Overall, imports recorded a buoyant increase. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest barbed wire supplier to Cuba, accounting for a 54% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold. The third position in this ranking was held by Turkey (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+22.1% per year) and Turkey (+47.9% per year).

In value terms, China ($X) constituted the largest supplier of barbed wire and entanglements to Cuba, comprising 46% of total imports. The second position in the ranking was held by Mexico ($X), with an 18% share of total imports. It was followed by Spain, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+31.0% per year) and Spain (-4.2% per year).

Import Prices by Country

In 2021, the average barbed wire import price amounted to $X per ton, surging by 30% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 59%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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 Mexico ($X per ton), while the price for Turkey ($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 (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for barbed wire and entanglements in the world?

The countries with the highest volumes of consumption in 2021 were China, Turkey and India, with a combined 34% share of global consumption. These countries were followed by the United States, Japan, Russia, Pakistan, Mexico, Brazil, Indonesia, Bangladesh, France and Italy, which together accounted for a further 31%.

What are the largest producers of barbed wire and entanglements in the world?

The countries with the highest volumes of production in 2021 were China, Turkey and India, with a combined 44% share of global production. The United States, Egypt, Japan, Russia, Mexico, Pakistan, Brazil, Indonesia, Bangladesh and Italy lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of barbed wire and entanglements to Cuba?

In value terms, China constituted the largest supplier of barbed wire and entanglements to Cuba, comprising 46% of total imports. The second position in the ranking was taken by Mexico, with an 18% share of total imports. It was followed by Spain, with a 7.7% share.

What are the leading importers of barbed wire and entanglements from Cuba?

In value terms, Jamaica remains the key foreign market for barbed wire and entanglements exports from Cuba.

What is the average export price for barbed wire and entanglements in Cuba?

The average barbed wire export price stood at $1,474 per ton in 2021, rising by 29% against the previous year.

What is the average import price for barbed wire and entanglements in Cuba?

The average barbed wire import price stood at $2,000 per ton in 2021, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the barbed wire 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 25931230 - Barbed wire and barbed wire entanglements made from steel or steel wire

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023