Report Update Apr 1, 2024

Cuba - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Market for Refined or Synthetic Glycerol 2024

Market Size for Refined or Synthetic Glycerol in Cuba

In 2021, the Cuban refined or synthetic glycerol market increased by 57% to $X, rising for the second year in a row after four years of decline. In general, consumption enjoyed modest growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Exports of Refined or Synthetic Glycerol

Exports from Cuba

In 2015, after two years of decline, there was decline in shipments abroad of refined or synthetic glycerol, when their volume decreased by 0% to X kg. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2013. The exports peaked in 2015 and are likely to see gradual growth in the near future.

In value terms, refined or synthetic glycerol exports amounted to $X in 2015. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2013. Over the period under review, the exports attained the maximum in 2015 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X kg) was the main destination for refined or synthetic glycerol exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average refined or synthetic glycerol export price stood at $X per ton in 2015, stabilizing at the previous year. Overall, the export price saw a precipitous decrease. The most prominent rate of growth was recorded in 2013 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2015, 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 the Netherlands.

From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Refined or Synthetic Glycerol

Imports into Cuba

In 2021, supplies from abroad of refined or synthetic glycerol increased by 48% to X tons, rising for the second year in a row after four years of decline. In general, imports continue to indicate mild growth. The pace of growth appeared the most rapid in 2015 with an increase of 81% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, refined or synthetic glycerol imports skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 101%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest refined or synthetic glycerol supplier to Cuba, accounting for a 59% share of total imports. Moreover, refined or synthetic glycerol imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil totaled +88.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.4% per year) and Spain (+15.8% per year).

In value terms, the largest refined or synthetic glycerol suppliers to Cuba were Brazil ($X), Germany ($X) and Spain ($X), together accounting for 94% of total imports.

Brazil, with a CAGR of +78.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average refined or synthetic glycerol import price amounted to $X per ton, increasing by 9.2% against the previous year. In general, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined or synthetic glycerol in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 45% of global consumption. Germany, Pakistan, Brazil, France, South Korea and Japan lagged somewhat behind, together comprising a further 20%.

What are the largest producers of refined or synthetic glycerol in the world?

The countries with the highest volumes of production in 2021 were Indonesia, China and the United States, together accounting for 38% of global production. These countries were followed by Germany, Malaysia, India, Brazil, Pakistan, the Netherlands and Argentina, which together accounted for a further 42%.

What are the leading suppliers of refined or synthetic glycerol to Cuba?

In value terms, Brazil, Germany and Spain appeared to be the largest refined or synthetic glycerol suppliers to Cuba, together accounting for 94% of total imports.

What is the average export price for refined or synthetic glycerol in Cuba?

In 2015, the average refined or synthetic glycerol export price amounted to $785 per ton, standing approx. at the previous year.

What is the average import price for refined or synthetic glycerol in Cuba?

The average refined or synthetic glycerol import price stood at $1,317 per ton in 2021, growing by 9.2% against the previous year.

This report provides an in-depth analysis of the market for refined or synthetic glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)

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