Report Update May 1, 2024

Cuba - Laptops and Palm-Top Computers - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Cuba

In 2021, the Cuban laptop and tablet computer market increased by 209% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Laptops and Palm-Top Computers

Exports from Cuba

In 2021, the amount of laptops and palm-top computers exported from Cuba soared to X units, growing by 83% compared with 2020 figures. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2016 when exports increased by 763% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, laptop and tablet computer exports skyrocketed to $X in 2021. Overall, exports posted a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by 238%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X units), Austria (X units) and Spain (X units) were the main destinations of laptop and tablet computer exports from Cuba, together accounting for 55% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +14.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for laptop and tablet computer exported from Cuba were Austria ($X), Canada ($X) and Spain ($X), together comprising 73% of total exports.

Austria, with a CAGR of +120.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2021, falling by -9.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 521%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+81.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Cuba

In 2021, purchases abroad of laptops and palm-top computers increased by 221% to X units, rising for the third year in a row after two years of decline. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, laptop and tablet computer imports skyrocketed to $X in 2021. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X units) constituted the largest laptop and tablet computer supplier to Cuba, accounting for a 41% share of total imports. Moreover, laptop and tablet computer imports from Spain exceeded the figures recorded by the second-largest supplier, Canada (X units), sevenfold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +54.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+4.6% per year) and Hong Kong SAR (+45.9% per year).

In value terms, Spain ($X) constituted the largest supplier of laptops and palm-top computers to Cuba, comprising 38% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports. It was followed by Mexico, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +51.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-5.6% per year) and Mexico (+7.1% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, with a decrease of -7.4% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+8.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for laptops and palm-top computers in the world?

The country with the largest volume of laptop and tablet computer consumption was the United States, accounting for 30% of total volume. Moreover, laptop and tablet computer consumption in the United States exceeded the figures recorded by the second-largest consumer, Japan, fivefold. The third position in this ranking was held by Germany, with a 3.5% share.

What are the largest producers of laptops and palm-top computers in the world?

China constituted the country with the largest volume of laptop and tablet computer production, accounting for 83% of total volume. Moreover, laptop and tablet computer production in China exceeded the figures recorded by the second-largest producer, Brazil, more than tenfold. The third position in this ranking was taken by Vietnam, with a 2.8% share.

What are the leading suppliers of laptops and palm-top computers to Cuba?

In value terms, Spain constituted the largest supplier of laptops and palm-top computers to Cuba, comprising 38% of total imports. The second position in the ranking was taken by Canada, with a 10% share of total imports. It was followed by Mexico, with a 3.3% share.

What are the leading importers of laptops and palm-top computers from Cuba?

In value terms, the largest markets for laptop and tablet computer exported from Cuba were Austria, Canada $634) and Spain $223), with a combined 73% share of total exports.

What is the average export price for laptops and palm-top computers in Cuba?

In 2021, the average laptop and tablet computer export price amounted to $249 per unit, dropping by -9.2% against the previous year.

What is the average import price for laptops and palm-top computers in Cuba?

The average laptop and tablet computer import price stood at $355 per unit in 2021, reducing by -7.4% against the previous year.

This report provides an in-depth analysis of the market for laptop and tablet computer 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 26201100 - Laptop PCs and palm-top organisers

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