
Cuba - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
Cuba: Motor Boat Market 2022
Motor Boat Market Size in Cuba
In 2021, the Cuban motor boat market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.
Motor Boat Imports
Imports into Cuba
In 2021, purchases abroad of motor boats and motor yachts, for pleasure or sports increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, motor boat imports surged to $X in 2021. In general, imports recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Mexico (X units) was the main supplier of motor boat to Cuba, with a approx. X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Mexico amounted to -X%.
In value terms, Mexico ($X) constituted the largest supplier of motor boat to Cuba.
From 2012 to 2021, the average annual rate of growth in terms of value from Mexico amounted to +X%.
Import Prices by Country
In 2021, the average motor boat import price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2020, and then contracted markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to +X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the motor boat 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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