Report Update Apr 1, 2024

Cuba - Glass Ampoules for Packing of Goods - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Glass Ampoules Market 2024

Glass Ampoules Market Size in Cuba

In 2022, the Cuban glass ampoules market increased by 13% to $X, rising for the third year in a row after two years of decline. Overall, consumption posted a measured increase. Glass ampoules consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Glass Ampoules Exports

Exports from Cuba

In 2020, after two years of decline, there was decline in shipments abroad of glass ampoules for packing of goods, when their volume decreased by 0% to X units. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, glass ampoules exports totaled $X in 2020. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure in 2020 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for glass ampoules exports from Cuba, accounting for a approx. 50% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Germany was relatively modest.

From 2015 to 2020, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

In 2020, the average glass ampoules export price amounted to less than $X per unit, approximately reflecting the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2020, the export prices stood at a somewhat lower figure.

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

From 2015 to 2020, the rate of growth in terms of prices for Spain amounted to +45.9% per year.

Glass Ampoules Imports

Imports into Cuba

Glass ampoules imports into Cuba skyrocketed to X units in 2022, picking up by 52% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 155%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, glass ampoules imports contracted slightly to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 254%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X units), Poland (X units) and India (X units) were the main suppliers of glass ampoules imports to Cuba, together comprising 57% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +96.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Poland ($X) and the Netherlands ($X) constituted the largest glass ampoules suppliers to Cuba, with a combined 58% share of total imports. India, Denmark, the UK and Spain lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, India, with a CAGR of +121.3%, 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 2022, the average glass ampoules import price amounted to $X per thousand units, reducing by -35.3% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 when the average import price increased by 81% against the previous year. Over the period under review, average import prices hit record highs at $X per thousand units in 2021, and then fell notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per thousand units), while the price for Denmark ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), 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 glass ampoules for packing of goods in the world?

The countries with the highest levels of glass ampoules per capita consumption in 2022 were Italy, the United States and Japan.

What are the largest producers of glass ampoules for packing of goods in the world?

China remains the largest glass ampoules producing country worldwide, accounting for 25% of total volume. Moreover, glass ampoules production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.1% share.

What are the leading suppliers of glass ampoules for packing of goods to Cuba?

In value terms, Mexico, Poland and the Netherlands appeared to be the largest glass ampoules suppliers to Cuba, with a combined 58% share of total imports. India, Denmark, the UK and Spain lagged somewhat behind, together comprising a further 20%.

What is the average export price for glass ampoules for packing of goods in Cuba?

In 2020, the average glass ampoules export price amounted to less than $0.1 per unit, almost unchanged from the previous year.

What is the average import price for glass ampoules for packing of goods in Cuba?

In 2022, the average glass ampoules import price amounted to $53 per thousand units, dropping by -35.3% against the previous year.

This report provides an in-depth analysis of the glass ampoules 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 23192350 - Glass ampoules used for the conveyance or packing of goods

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