Report Update Apr 1, 2024

Cuba - Bentonite - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Bentonite Market 2021

Bentonite Market Size in Cuba

After three years of growth, the Cuban bentonite market decreased by -X% to $X in 2019. Overall, consumption recorded a slight increase. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Bentonite Production in Cuba

In value terms, bentonite production dropped to $X in 2019 estimated in export prices. Overall, production recorded buoyant growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

Bentonite Exports

Exports from Cuba

In 2019, after two years of decline, there was decline in overseas shipments of bentonite, when their volume decreased by X% to X kg. In general, exports recorded a relatively flat trend pattern. Over the period under review, exports attained the peak figure at X kg in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports amounted to $X in 2019. Over the period under review, exports continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for bentonite exports from Cuba, with a approx. X% share of total exports.

From 2007 to 2016, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2007 to 2016, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average bentonite export price stood at $X per ton in 2016, approximately reflecting the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2016 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 the Netherlands.

From 2007 to 2016, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Bentonite Imports

Imports into Cuba

After three years of growth, overseas purchases of bentonite decreased by -X% to X tons in 2019. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, bentonite imports declined sharply to $X in 2019. In general, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018, and then dropped rapidly in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and Belgium (X tons) were the main suppliers of bentonite imports to Cuba.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of bentonite to Cuba, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Belgium (+X% per year).

Import Prices by Country

The average bentonite import price stood at $X per ton in 2019, dropping by -X% against the previous year. In general, import price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per ton in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

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Frequently Asked Questions (FAQ) :

What are the largest markets for bentonite in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together accounting for 50% of global consumption.

What are the largest producers of bentonite in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together comprising 61% of global production.

What are the leading suppliers of bentonite to Cuba?

In value terms, China constituted the largest supplier of bentonite to Cuba, comprising 46% of total imports. The second position in the ranking was held by Mexico, with a 10% share of total imports. It was followed by Spain, with a 10% share.

What is the average import price for bentonite in Cuba?

The average bentonite import price stood at $527 per ton in 2022, standing approx. at the previous year.

This report provides an in-depth analysis of the bentonite 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 2025.

Product coverage:

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