Report Update Apr 1, 2024

Cuba - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Organ Extracts Market 2024

Organ Extracts Market Size in Cuba

The Cuban organ extracts market reduced to $X in 2021, declining by -3.4% against the previous year. Overall, consumption, however, saw prominent growth. Organ extracts consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Organ Extracts Production in Cuba

In value terms, organ extracts production reduced slightly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 34%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

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Organ Extracts Exports

Exports from Cuba

In 2021, overseas shipments of extracts of glands or other organs or of their secretions were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, showed a sharp slump. The pace of growth was the most pronounced in 2013 when exports increased by 62% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, organ extracts exports expanded markedly to $X in 2021. Over the period under review, exports, however, faced a dramatic decrease. The growth pace was the most rapid in 2013 with an increase of 27%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for organ extracts exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brazil totaled -45.6%.

In value terms, Brazil ($X) also remains the key foreign market for extracts of glands or other organs or of their secretions exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -45.7%.

Export Prices by Country

In 2021, the average organ extracts export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to -0.2% per year.

Organ Extracts Imports

Imports into Cuba

In 2021, purchases abroad of extracts of glands or other organs or of their secretions decreased by -9.9% to X kg, falling for the eighth year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2013 when imports increased by 96% against the previous year. As a result, imports reached the peak of X kg. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, organ extracts imports declined to $X in 2021. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2013 when imports increased by 100% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) was the main organ extracts supplier to Cuba, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -7.6%.

In value terms, China ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Cuba.

From 2012 to 2021, the average annual growth rate of value from China amounted to -8.8%.

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, reducing by -1.5% against the previous year. In general, the import price showed a slight decrease. The growth pace was the most rapid in 2013 an increase of 2.1%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts of glands or other organs or of their secretions in the world?

Germany remains the largest organ extracts consuming country worldwide, accounting for 90% of total volume. Moreover, organ extracts consumption in Germany exceeded the figures recorded by the second-largest consumer, Cuba, more than tenfold.

What are the largest producers of extracts of glands or other organs or of their secretions in the world?

The countries with the highest volumes of production in 2021 were Cuba, Austria and the United States, with a combined 63% share of global production.

What are the leading suppliers of extracts of glands or other organs or of their secretions to Cuba?

In value terms, China constituted the largest supplier of extracts of glands or other organs or of their secretions to Cuba.

What are the leading importers of extracts of glands or other organs or of their secretions from Cuba?

In value terms, Brazil remains the key foreign market for extracts of glands or other organs or of their secretions exports from Cuba.

What is the average export price for extracts of glands or other organs or of their secretions in Cuba?

The average organ extracts export price stood at $19,653 per ton in 2021, approximately equating the previous year.

What is the average import price for extracts of glands or other organs or of their secretions in Cuba?

In 2021, the average organ extracts import price amounted to $56,047 per ton, shrinking by -1.5% against the previous year.

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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