Cuba: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Cuba

In 2021, the Cuban market for braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a tangible increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Cuba

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings amounted to $X in 2021 estimated in export price. In general, production, however, saw a tangible increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Cuba

Exports of braids in the piece, tassels and pompons, ornamental trimmings from Cuba totaled less than X kg in 2021, therefore, remained relatively stable against 2020 figures. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the peak figure at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings stood at less than $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

France (X kg) and Costa Rica (X kg) were the main destinations of exports of braids in the piece, tassels and pompons, ornamental trimmings from Cuba.

From 2012 to 2014, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X 2012 to 2014, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2014, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked in 2014 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2014, the country with the highest price was France ($X per ton), while the average price for exports to Costa Rica totaled $X per ton.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Cuba

In 2021, approx. X tons of braids in the piece, tassels and pompons, ornamental trimmings were imported into Cuba; increasing by X% on the year before. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. Overall, imports, however, saw a deep downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest braids, tassels, pompons and ornamental trimmings supplier to Cuba, with a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from Spain exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to -X%.

In value terms, Spain ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Cuba, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to -X%.

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-X%).

Source: IndexBox Platform

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