Report Update Apr 1, 2024

Cuba - Diesel Engines (Other Than for Motor Vehicles and Aircraft) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Cuba

After two years of decline, the Cuban market for diesel engines (other than for motor vehicles and aircraft) increased by 115% to $X in 2021. Over the period under review, consumption, however, showed a abrupt curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Cuba

In 2021, approx. X units of diesel engines (other than for motor vehicles and aircraft) were exported from Cuba; growing by 400% on 2020. Overall, exports saw a resilient increase. Over the period under review, the exports of attained the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) and Spain (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Cuba.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +7.0%).

In value terms, the Netherlands ($X) emerged as the key foreign market for diesel engines (other than for motor vehicles and aircraft) exports from Cuba, comprising 81% of total exports. The second position in the ranking was held by Spain ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled +40.1%.

Export Prices by Country

In 2021, the average export price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, growing by 67% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 177% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+31.0%).

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Cuba

In 2021, after two years of decline, there was significant growth in overseas purchases of diesel engines (other than for motor vehicles and aircraft), when their volume increased by 139% to X units. In general, imports, however, recorded a mild descent. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X units) was the main diesel engines (other than for motor vehicles and aircraft) supplier to Cuba, accounting for a 98% share of total imports. It was followed by Spain (X units), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +6.0%.

In value terms, France ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Cuba, comprising 73% of total imports. The second position in the ranking was taken by Spain ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France totaled -18.4%.

Import Prices by Country

In 2021, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, which is down by -32% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 57%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Spain ($X per unit), while the price for France totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diesel engines (other than for motor vehicles and aircraft) in the world?

The countries with the highest volumes of consumption in 2021 were China, India and the United States, with a combined 35% share of global consumption. These countries were followed by Mexico, Japan, Germany, Brazil, Indonesia, France, Turkey, Sweden, the Philippines and Italy, which together accounted for a further 32%.

What are the largest producers of diesel engines (other than for motor vehicles and aircraft) in the world?

China remains the largest diesel engines other than for motor vehicles and aircraft) producing country worldwide, accounting for 36% of total volume. Moreover, production of diesel engines other than for motor vehicles and aircraft) in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. The third position in this ranking was held by India, with an 8.2% share.

What are the leading suppliers of diesel engines (other than for motor vehicles and aircraft) to Cuba?

In value terms, France constituted the largest supplier of diesel engines other than for motor vehicles and aircraft) to Cuba, comprising 73% of total imports. The second position in the ranking was held by Spain, with a 3.2% share of total imports.

What are the leading importers of diesel engines (other than for motor vehicles and aircraft) from Cuba?

In value terms, the Netherlands emerged as the key foreign market for diesel engines other than for motor vehicles and aircraft) exports from Cuba, comprising 81% of total exports. The second position in the ranking was taken by Spain, with a 19% share of total exports.

What is the average export price for diesel engines (other than for motor vehicles and aircraft) in Cuba?

The average export price for diesel engines other than for motor vehicles and aircraft) stood at $11,032 per unit in 2021, surging by 67% against the previous year.

What is the average import price for diesel engines (other than for motor vehicles and aircraft) in Cuba?

The average import price for diesel engines other than for motor vehicles and aircraft) stood at $460 per unit in 2021, declining by -32% against the previous year.

This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) 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 28111311 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .200 kW
Prodcom 28111315 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . 1 .000 kW
Prodcom 28111319 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW
Prodcom 28111320 - Rail traction compression-ignition internal combustion piston engines (diesel or semi-diesel)
Prodcom 28111331 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .15 kW
Prodcom 28111333 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .15 kW but . .30 kW
Prodcom 28111335 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .30 kW but . .50 kW
Prodcom 28111337 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .50 kW but . .100 kW
Prodcom 28111353 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .100 kW but . .200 kW
Prodcom 28111355 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . .300 kW
Prodcom 28111357 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .300 kW but . .500 kW
Prodcom 28111373 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .500 kW but. 1 .000 kW
Prodcom 28111375 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW

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