
Cuba - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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Cuba: Insulating Board Market 2022
Insulating Board Market Size in Cuba
After four years of growth, the Cuban insulating board market decreased by -X% to $X in 2021. In general, consumption recorded a abrupt curtailment. Insulating board consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Insulating Board Imports
Imports into Cuba
After four years of growth, overseas purchases of insulating board decreased by -X% to X cubic meters in 2021. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, insulating board imports contracted modestly to $X in 2021. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Greece (X cubic meters) constituted the largest insulating board supplier to Cuba, with a X% share of total imports. Moreover, insulating board imports from Greece exceeded the figures recorded by the second-largest supplier, China (X cubic meters), ninefold. The third position in this ranking was taken by Spain (X cubic meters), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from Greece amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Spain (+X% per year).
In value terms, Greece ($X) constituted the largest supplier of insulating board to Cuba, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Greece amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Spain (+X% per year).
Import Prices by Country
In 2021, the average insulating board import price amounted to $X per cubic meter, almost unchanged from the previous year. In general, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($X per cubic meter), while the price for Greece ($X per cubic meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the insulating board 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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