Report Update Apr 1, 2024

Cuba - Castors With Mountings of Base Metal - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Metal Castor Mounting Market 2024

Metal Castor Mounting Market Size in Cuba

The Cuban metal castor mounting market skyrocketed to $X in 2021, surging by 125% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a perceptible increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Castor Mounting Exports

Exports from Cuba

In 2015, approx. X kg of castors with mountings of base metal were exported from Cuba; remaining relatively unchanged against the previous year's figure. Overall, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the maximum at X kg in 2013; however, from 2014 to 2015, the exports failed to regain momentum.

In value terms, metal castor mounting exports totaled $X in 2015. In general, exports continue to indicate a sharp decline. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for metal castor mounting exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2015, the average annual rate of growth in terms of volume to the Dominican Republic was relatively modest.

From 2013 to 2015, the average annual rate of growth in terms of value to the Dominican Republic was relatively modest.

Export Prices by Country

The average metal castor mounting export price stood at $X per ton in 2015, flattening at the previous year. In general, the export price posted a significant expansion. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2015 and is likely to see gradual growth in years to come.

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

From 2013 to 2015, the rate of growth in terms of prices for the Dominican Republic amounted to 0.0% per year.

Metal Castor Mounting Imports

Imports into Cuba

In 2021, approx. X tons of castors with mountings of base metal were imported into Cuba; jumping by 111% compared with the previous year. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 516%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, metal castor mounting imports surged to $X in 2021. Overall, imports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 370%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest metal castor mounting supplier to Cuba, with a 69% share of total imports. Moreover, metal castor mounting imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.7% per year) and Italy (+30.0% per year).

In value terms, the largest metal castor mounting suppliers to Cuba were Spain ($X), China ($X) and Italy ($X), together accounting for 98% of total imports.

Among the main suppliers, Italy, with a CAGR of +24.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average metal castor mounting import price amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 54%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for castors with mountings of base metal in the world?

China remains the largest metal castor mounting consuming country worldwide, accounting for 24% of total volume. Moreover, metal castor mounting consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with an 11% share.

What are the largest producers of castors with mountings of base metal in the world?

China remains the largest metal castor mounting producing country worldwide, accounting for 43% of total volume. Moreover, metal castor mounting production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Germany ranked third in terms of total production with a 10% share.

What are the leading suppliers of castors with mountings of base metal to Cuba?

In value terms, the largest metal castor mounting suppliers to Cuba were Spain, China and Italy, together comprising 98% of total imports.

What is the average export price for castors with mountings of base metal in Cuba?

The average metal castor mounting export price stood at $5,865 per ton in 2015, remaining relatively unchanged against the previous year.

What is the average import price for castors with mountings of base metal in Cuba?

The average metal castor mounting import price stood at $3,928 per ton in 2021, jumping by 21% against the previous year.

This report provides an in-depth analysis of the metal castor mounting 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 25721420 - Castors with mountings of base metal

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