
Cuba - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights
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Cuba: Nitrogen Market 2022
Nitrogen Market Size in Cuba
The Cuban nitrogen market reduced remarkably to $X in 2021, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a sharp downturn. Nitrogen consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Nitrogen Imports
Imports into Cuba
Nitrogen imports into Cuba declined remarkably to X cubic meters in 2021, falling by -X% compared with the year before. Overall, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, nitrogen imports shrank to $X in 2021. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Canada (X cubic meters) was the main supplier of nitrogen to Cuba, with a approx. X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Canada stood at -X%.
In value terms, Canada ($X) constituted the largest supplier of nitrogen to Cuba.
From 2012 to 2021, the average annual growth rate of value from Canada totaled -X%.
Import Prices by Country
The average nitrogen import price stood at $X per cubic meter in 2021, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the nitrogen 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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