Report Update Apr 1, 2024

Cuba - Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Cuba

The Cuban continuous-action elevators and conveyors market surged to $X in 2021, picking up by 1,130% 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 showed a significant increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports from Cuba

In 2020, the amount of continuous-action elevators and conveyors exported from Cuba amounted to X units, stabilizing at the previous year's figure. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors exports stood at $X in 2020. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Germany (X units) was the main destination for continuous-action elevators and conveyors exports from Cuba, accounting for a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Germany was relatively modest.

From 2015 to 2020, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

The average continuous-action elevators and conveyors export price stood at $X per unit in 2020, flattening at the previous year. Over the period under review, the export price showed significant growth. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. The export price peaked in 2020 and is likely to continue growth in the near future.

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

From 2015 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Continuous-Action Elevators And Conveyors

Imports into Cuba

In 2021, approx. X units of continuous-action elevators and conveyors were imported into Cuba; surging by 1,160% against the year before. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 2,547% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, continuous-action elevators and conveyors imports skyrocketed to $X in 2021. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 111%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of continuous-action elevators and conveyors to Cuba, accounting for a 2.7% share of total imports. Moreover, continuous-action elevators and conveyors imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), fivefold. Denmark (X units) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +69.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-34.3% per year) and Denmark (0.0% per year).

In value terms, Germany ($X), Belgium ($X) and Denmark ($X) constituted the largest continuous-action elevators and conveyors suppliers to Cuba, with a combined 46% share of total imports. China, Spain and Slovakia lagged somewhat behind, together accounting for a further 4.5%.

China, with a CAGR of +75.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2021, shrinking by -83.5% against the previous year. Overall, the import price saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 1,531%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+40.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for continuous-action elevators and conveyors in the world?

China remains the largest continuous-action elevators and conveyors consuming country worldwide, accounting for 21% of total volume. Moreover, continuous-action elevators and conveyors consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 6% share.

What are the largest producers of continuous-action elevators and conveyors in the world?

The countries with the highest volumes of production in 2021 were China, Germany and India, with a combined 42% share of global production. Italy, Turkey, the Netherlands, Japan, Poland, Brazil, Austria, the Czech Republic, Mexico and Slovenia lagged somewhat behind, together comprising a further 42%.

What are the leading suppliers of continuous-action elevators and conveyors to Cuba?

In value terms, the largest continuous-action elevators and conveyors suppliers to Cuba were Germany, Belgium and Denmark, with a combined 46% share of total imports. These countries were followed by China, Spain and Slovakia, which together accounted for a further 4.5%.

What is the average export price for continuous-action elevators and conveyors in Cuba?

In 2020, the average continuous-action elevators and conveyors export price amounted to $6,307 per unit, flattening at the previous year.

What is the average import price for continuous-action elevators and conveyors in Cuba?

The average continuous-action elevators and conveyors import price stood at $142 per unit in 2021, declining by -83.5% against the previous year.

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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