Report Cuba - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Cuba - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides 2024

Market Size for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Cuba

The Cuban cobalt oxides and hydroxides market fell significantly to $X in 2021, with a decrease of -26.5% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Cuba

In value terms, cobalt oxides and hydroxides production expanded slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 14% against the previous year. Cobalt oxides and hydroxides production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Exports from Cuba

In 2021, shipments abroad of cobalt oxides and hydroxides and commercial cobalt oxides increased by 7.6% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 19% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, cobalt oxides and hydroxides exports shrank to $X in 2021. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 6% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for cobalt oxides and hydroxides exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain was relatively modest.

In value terms, Spain ($X) also remains the key foreign market for cobalt oxides and hydroxides and commercial cobalt oxides exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -7.6%.

Export Prices by Country

In 2021, the average cobalt oxides and hydroxides export price amounted to $X per ton, dropping by -8.2% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 18%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -8.0% per year.

Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Imports into Cuba

In 2021, overseas purchases of cobalt oxides and hydroxides and commercial cobalt oxides increased by 67% to X kg, rising for the second year in a row after seven years of decline. Overall, imports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 425%. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cobalt oxides and hydroxides imports soared to $X in 2021. In general, imports, however, faced a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 503% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X kg) constituted the largest supplier of cobalt oxides and hydroxides to Cuba, with a approx. 50% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to -25.5%.

In value terms, Spain ($X) constituted the largest supplier of cobalt oxides and hydroxides and commercial cobalt oxides to Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to -28.1%.

Import Prices by Country

In 2021, the average cobalt oxides and hydroxides import price amounted to $X per ton, picking up by 9.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of cobalt oxides and hydroxides consumption was Democratic Republic of the Congo, accounting for 83% of total volume. Moreover, cobalt oxides and hydroxides consumption in Democratic Republic of the Congo exceeded the figures recorded by the second-largest consumer, the United Arab Emirates, more than tenfold.
The country with the largest volume of cobalt oxides and hydroxides production was Democratic Republic of the Congo, accounting for 93% of total volume. It was followed by China, with a 2.5% share of total production.
In value terms, Spain $493) constituted the largest supplier of cobalt oxides and hydroxides and commercial cobalt oxides to Cuba.
In value terms, Spain remains the key foreign market for cobalt oxides and hydroxides and commercial cobalt oxides exports from Cuba.
The average cobalt oxides and hydroxides export price stood at $7,010 per ton in 2021, reducing by -8.2% against the previous year.
The average cobalt oxides and hydroxides import price stood at $14,071 per ton in 2021, surging by 9.4% against the previous year.

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides 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 20121930 - Cobalt oxides and hydroxides, commercial cobalt oxides

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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