Report Update Apr 1, 2024

Cuba - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type 2024

Market Size for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in Cuba

In 2021, the Cuban market for elevators and conveyors other than pneumatic, belt- or bucket-type decreased by -89.6% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption recorded a deep reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Exports from Cuba

In 2021, approx. less than X units of elevators and conveyors other than pneumatic, belt- or bucket-type were exported from Cuba; therefore, remained relatively stable against 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type stood at less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

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Imports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Imports into Cuba

In 2021, supplies from abroad of elevators and conveyors other than pneumatic, belt- or bucket-type decreased by -91.9% to X units for the first time since 2016, thus ending a four-year rising trend. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 402%. Over the period under review, imports of hit record highs at X units in 2020, and then reduced rapidly in the following year.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type dropped remarkably to $X in 2021. Over the period under review, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 477% against the previous year. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of imports of elevators and conveyors other than pneumatic, belt- or bucket-type to Cuba, together comprising 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +26.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest elevators and conveyors other than pneumatic, belt- or bucket-type suppliers to Cuba were China ($X), the Netherlands ($X) and Argentina ($X), together accounting for 67% of total imports.

Among the main suppliers, China, with a CAGR of +51.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $X per unit, increasing by 148% against the previous year. Over the period under review, the import price recorded a prominent increase. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+17.8%), 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 elevators and conveyors other than pneumatic, belt- or bucket-type in the world?

The countries with the highest volumes of consumption in 2021 were the United States, China and Bolivia, with a combined 40% share of global consumption.

What are the largest producers of elevators and conveyors other than pneumatic, belt- or bucket-type in the world?

China remains the largest elevators and conveyors other than pneumatic, belt- or bucket-type producing country worldwide, accounting for 29% of total volume. Moreover, production of elevators and conveyors other than pneumatic, belt- or bucket-type in China exceeded the figures recorded by the second-largest producer, India, threefold. Denmark ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of elevators and conveyors other than pneumatic, belt- or bucket-type to Cuba?

In value terms, China, the Netherlands and Argentina constituted the largest elevators and conveyors other than pneumatic, belt- or bucket-type suppliers to Cuba, together accounting for 67% of total imports.

What is the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type in Cuba?

In 2021, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $18,512 per unit, growing by 148% against the previous year.

This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 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