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Cuba - Mica - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Mica Market 2022

Mica Market Size in Cuba

The Cuban mica market amounted to $X in 2013, almost unchanged from the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2013 and is likely to continue growth in the immediate term.

Mica Production in Cuba

In value terms, mica production totaled $X in 2013 estimated in export price. In general, production showed a relatively flat trend pattern. Mica production peaked in 2013 and is expected to retain growth in years to come.

Mica Exports

Exports from Cuba

In 2013, approx. X tons of mica were exported from Cuba; leveling off at the previous year's figure. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2013 and are expected to retain growth in years to come.

In value terms, mica exports totaled $X in 2013. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the immediate term.

Exports by Country

Venezuela (X tons) was the main destination for mica exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2013, the average annual growth rate of volume to Venezuela was relatively modest.

From 2013 to 2013, the average annual rate of growth in terms of value to Venezuela was relatively modest.

Mica Imports

Imports into Cuba

In 2019, imports of mica into Cuba stood at X kg, flattening at 2018. Overall, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2014 when imports increased by 18%. Over the period under review, imports reached the maximum at X kg in 2012; however, from 2013 to 2019, imports failed to regain momentum.

In value terms, mica imports totaled $X in 2019. In general, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 20%. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Russia (X kg) was the main mica supplier to Cuba, accounting for a 97% share of total imports. It was followed by Peru (X kg), with a 2.9% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Russia was relatively modest.

In value terms, Russia ($X) and Peru ($X) constituted the largest mica suppliers to Cuba.

Among the main suppliers, Russia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average mica import price stood at $X per ton in 2019, remaining relatively unchanged against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 1.4% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Peru ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China (-35.5%).

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Frequently Asked Questions (FAQ) :

What are the largest markets for mica in the world?

The countries with the highest volumes of consumption in 2021 were India, China and Saudi Arabia, together accounting for 90% of global consumption.

What are the largest producers of mica in the world?

The country with the largest volume of mica production was India, accounting for 67% of total volume. Moreover, mica production in India exceeded the figures recorded by the second-largest producer, Madagascar, fivefold. The third position in this ranking was held by Saudi Arabia, with a 7.2% share.

What are the leading suppliers of mica to Cuba?

In value terms, the largest mica suppliers to Cuba were Russia $457) and Peru $300).

What is the average import price for mica in Cuba?

The average mica import price stood at $2,450 per ton in 2019, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the mica 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:

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