Cuba: Market for Digital Data Processing Machines: Servers 2022

Market Size for Digital Data Processing Machines: Servers in Cuba

The Cuban digital data processing server market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a modest expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Digital Data Processing Machines: Servers

Exports from Cuba

In 2021, shipments abroad of digital data processing machines: servers increased by X% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, digital data processing server exports skyrocketed to $X in 2021. In general, exports, however, faced a sharp decrease. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units), France (X units) and Spain (X units) were the main destinations of digital data processing server exports from Cuba.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, the largest markets for digital data processing server exported from Cuba were Russia ($X), France ($X) and Spain ($X the main countries of destination, Spain, with a CAGR of -X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average digital data processing server export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, recorded a dramatic descent. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-X%), while the prices for the other major destinations experienced a decline.

Imports of Digital Data Processing Machines: Servers

Imports into Cuba

After two years of decline, supplies from abroad of digital data processing machines: servers increased by X% to X units in 2021. In general, imports, however, saw a slight curtailment. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, digital data processing server imports skyrocketed to $X in 2021. Overall, imports recorded moderate growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest digital data processing server supplier to Cuba, accounting for a X% share of total imports. Moreover, digital data processing server imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), fivefold. Spain (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of digital data processing server to Cuba, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Mexico (-X% per year).

Import Prices by Country

In 2021, the average digital data processing server import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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