Report Update Apr 1, 2024

Cuba - Compound Plasticisers for Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Cuba

In 2021, the Cuban compound plasticisers market increased by 143% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a deep slump. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Compound Plasticisers Imports

Imports into Cuba

In 2021, overseas purchases of compound plasticisers for rubber or plastics were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by 634% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, compound plasticisers imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by 875%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons) constituted the largest compound plasticisers supplier to Cuba, accounting for a 80% share of total imports. Moreover, compound plasticisers imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X kg), tenfold. Portugal (X kg) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico totaled -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-4.7% per year) and Portugal (0.0% per year).

In value terms, Mexico ($X) constituted the largest supplier of compound plasticisers for rubber or plastics to Cuba, comprising 80% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by Portugal, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value from Mexico amounted to -16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-3.2% per year) and Portugal (0.0% per year).

Import Prices by Country

In 2021, the average compound plasticisers import price amounted to $X per ton, reducing by -31% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 58%. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for compound plasticisers for rubber or plastics in the world?

The countries with the highest volumes of consumption in 2021 were Turkey, China and Poland, with a combined 41% share of global consumption.

What are the largest producers of compound plasticisers for rubber or plastics in the world?

The countries with the highest volumes of production in 2021 were China, Turkey and Germany, with a combined 46% share of global production. These countries were followed by India, Poland, the United States, Japan, South Korea, Brazil, Nigeria, Canada, Malaysia and Argentina, which together accounted for a further 39%.

What are the leading suppliers of compound plasticisers for rubber or plastics to Cuba?

In value terms, Mexico constituted the largest supplier of compound plasticisers for rubber or plastics to Cuba, comprising 80% of total imports. The second position in the ranking was taken by Spain $916), with an 18% share of total imports. It was followed by Portugal, with a 1.1% share.

What is the average import price for compound plasticisers for rubber or plastics in Cuba?

The average compound plasticisers import price stood at $1,692 per ton in 2021, shrinking by -31% against the previous year.

This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics

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