Report Update Apr 1, 2024

Cuba - Electrical Capacitors - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Capacitor Market 2024

Capacitor Market Size in Cuba

The Cuban capacitor market fell modestly to $X in 2021, waning by -4.2% 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). Overall, consumption saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Capacitor Exports

Exports from Cuba

In 2021, overseas shipments of electrical capacitors increased by 13% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 1,000% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, capacitor exports surged to $X in 2021. In general, exports posted measured growth. The growth pace was the most rapid in 2017 when exports increased by 950% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X kg) and Germany (X kg) were the main destinations of capacitor exports from Cuba. Moreover, capacitor exports in China exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +48.8%).

In value terms, China ($X) remains the key foreign market for electrical capacitors exports from Cuba, comprising 100% of total exports. The second position in the ranking was held by Germany ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China totaled +66.5%.

Export Prices by Country

The average capacitor export price stood at $X per ton in 2021, picking up by 6.4% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 542% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.0%).

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Capacitor Imports

Imports into Cuba

In 2021, approx. X tons of electrical capacitors were imported into Cuba; reducing by -36.2% on the year before. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 99% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, capacitor imports skyrocketed to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and China (X tons) were the main suppliers of capacitor imports to Cuba, together accounting for 59% of total imports. Canada, Panama, Mexico, Russia, France and South Korea lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +62.5%), while imports for the other leaders experienced a decline.

In value terms, Spain ($X) constituted the largest supplier of electrical capacitors to Cuba, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with an 8.3% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.8% per year) and Italy (-23.1% per year).

Import Prices by Country

The average capacitor import price stood at $X per ton in 2021, increasing by 86% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical capacitors in the world?

The countries with the highest volumes of consumption in 2021 were China, Hungary and the United States, with a combined 34% share of global consumption. These countries were followed by Japan, Germany, Indonesia, Mexico, Hong Kong SAR, Romania, Italy, Vietnam, Thailand and Singapore, which together accounted for a further 32%.

What are the largest producers of electrical capacitors in the world?

The country with the largest volume of capacitor production was China, comprising approx. 42% of total volume. Moreover, capacitor production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was taken by Indonesia, with a 5.5% share.

What are the leading suppliers of electrical capacitors to Cuba?

In value terms, Spain constituted the largest supplier of electrical capacitors to Cuba, comprising 38% of total imports. The second position in the ranking was taken by China, with an 8.3% share of total imports. It was followed by Italy, with a 5.4% share.

What are the leading importers of electrical capacitors from Cuba?

In value terms, China remains the key foreign market for electrical capacitors exports from Cuba, comprising 100% of total exports. The second position in the ranking was held by Germany $19), with a 0.3% share of total exports.

What is the average export price for electrical capacitors in Cuba?

The average capacitor export price stood at $196,806 per ton in 2021, growing by 6.4% against the previous year.

What is the average import price for electrical capacitors in Cuba?

The average capacitor import price stood at $81,128 per ton in 2021, with an increase of 86% against the previous year.

This report provides an in-depth analysis of the capacitor 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 27905100 - Fixed power capacitors with a power handling capacity of > 0,5 kvar
Prodcom 27905220 - Fixed electrical capacitors, tantalum or aluminium electrolytic (excluding power capacitors)
Prodcom 27905240 - Other fixed electrical capacitors n.e.c.
Prodcom 27905300 - Variable capacitors (including pre-sets)

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