Report Cuba - Footwear with uppers of textile materials - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 25, 2023

Cuba - Footwear with uppers of textile materials - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Footwear with Uppers of Textile Materials 2023

Market Size for Footwear with Uppers of Textile Materials in Cuba

After five years of decline, the Cuban market for footwear with uppers of textile materials increased by 282% to $X in 2021. In general, consumption, however, showed a abrupt shrinkage. Consumption of peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Cuba

In 2021, exports of footwear with uppers of textile materials from Cuba surged to X tons, jumping by 240% on the year before. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 872% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials soared to $X in 2021. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 753%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Barbados (X tons) was the main destination for exports of footwear with uppers of textile materials from Cuba, with a 89% share of total exports. Moreover, exports of footwear with uppers of textile materials to Barbados exceeded the volume sent to the second major destination, Switzerland (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Barbados was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+5.7% per year) and Georgia (0.0% per year).

In value terms, Barbados ($X) emerged as the key foreign market for footwear with uppers of textile materials exports from Cuba, comprising 80% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Barbados was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-4.2% per year) and Georgia (0.0% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per ton in 2021, dropping by -53.7% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 88% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-9.3%).

Imports of Footwear with Uppers of Textile Materials

Imports into Cuba

In 2021, overseas purchases of footwear with uppers of textile materials increased by 228% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, showed a abrupt slump. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of footwear with uppers of textile materials soared to $X in 2021. Over the period under review, imports, however, saw a abrupt setback. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest footwear with uppers of textile materials supplier to Cuba, accounting for a 57% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Panama (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+0.0% per year) and Panama (-12.0% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Cuba, comprising 42% of total imports. The second position in the ranking was taken by Brazil ($X), with a 17% share of total imports. It was followed by Spain, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.9% per year) and Spain (+2.6% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per ton in 2021, with an increase of 28% against the previous year. In general, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Cambodia ($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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for footwear with uppers of textile materials in the world?
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The United States remains the largest footwear with uppers of textile materials consuming country worldwide, comprising approx. 32% of total volume. Moreover, consumption of footwear with uppers of textile materials in the United States exceeded the figures recorded by the second-largest consumer, Russia, fivefold. The third position in this ranking was taken by Japan, with a 5.3% share.
What are the largest producers of footwear with uppers of textile materials in the world?
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China remains the largest footwear with uppers of textile materials producing country worldwide, accounting for 69% of total volume. Moreover, production of footwear with uppers of textile materials in China exceeded the figures recorded by the second-largest producer, Vietnam, sixfold. The third position in this ranking was held by Turkey, with a 3.1% share.
What are the leading suppliers of footwear with uppers of textile materials to Cuba?
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In value terms, China constituted the largest supplier of footwear with uppers of textile materials to Cuba, comprising 42% of total imports. The second position in the ranking was taken by Brazil, with a 17% share of total imports. It was followed by Spain, with a 15% share.
What are the leading importers of footwear with uppers of textile materials from Cuba?
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In value terms, Barbados emerged as the key foreign market for footwear with uppers of textile materials exports from Cuba, comprising 80% of total exports. The second position in the ranking was taken by Switzerland, with a 12% share of total exports.
What is the average export price for footwear with uppers of textile materials in Cuba?
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In 2021, the average export price for footwear with uppers of textile materials amounted to $14,702 per ton, with a decrease of -53.7% against the previous year.
What is the average import price for footwear with uppers of textile materials in Cuba?
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In 2021, the average import price for footwear with uppers of textile materials amounted to $19,814 per ton, with an increase of 28% against the previous year.

This report provides an in-depth analysis of the market for footwear with uppers of textile materials 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 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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