Report Cuba - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Cuba - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Optical Fiber Cables Market 2024

Optical Fiber Cables Exports

Exports from Cuba

In 2020, exports of optical fiber cables from Cuba amounted to X kg, flattening at 2019. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 37% against the previous year. The exports peaked in 2020 and are likely to continue growth in years to come.

In value terms, optical fiber cables exports totaled $X in 2020. Overall, exports showed significant growth. The smallest decline of -10.7% was in 2015. Over the period under review, the exports reached the maximum in 2020 and are likely to see steady growth in years to come.

Exports by Country

Finland (X kg) was the main destination for optical fiber cables exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Finland was relatively modest.

From 2013 to 2020, the average annual rate of growth in terms of value to Finland was relatively modest.

Export Prices by Country

The average optical fiber cables export price stood at $X per ton in 2020, remaining constant against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 27%. The export price peaked in 2020 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2013 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Optical Fiber Cables Imports

Imports into Cuba

In 2022, optical fiber cables imports into Cuba reduced remarkably to X tons, shrinking by -41.8% against 2021 figures. In general, imports saw a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 615%. As a result, imports reached the peak of X tons, and then declined rapidly in the following year.

In value terms, optical fiber cables imports contracted dramatically to $X in 2022. Over the period under review, imports showed a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 420%. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of optical fiber cables to Cuba, accounting for a 35% share of total imports. Moreover, optical fiber cables imports from Spain exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-9.2% per year) and the United States (+60.7% per year).

In value terms, Spain ($X) constituted the largest supplier of optical fiber cables to Cuba, comprising 36% of total imports. The second position in the ranking was taken by South Korea ($X), with a 10% share of total imports. It was followed by the United States, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-7.9% per year) and the United States (+41.9% per year).

Import Prices by Country

The average optical fiber cables import price stood at $X per ton in 2022, growing by 2.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2022 were the United States, China and India, with a combined 30% share of global consumption. These countries were followed by Canada, Indonesia, Brazil, Russia, Pakistan, the Philippines, the UK, Mexico, Japan and Turkey, which together accounted for a further 32%.
China remains the largest optical fiber cables producing country worldwide, comprising approx. 38% of total volume. Moreover, optical fiber cables production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by India, with a 6.7% share.
In value terms, Spain constituted the largest supplier of optical fiber cables to Cuba, comprising 36% of total imports. The second position in the ranking was taken by South Korea, with a 10% share of total imports. It was followed by the United States, with a 2.4% share.
The average optical fiber cables export price stood at $59,532 per ton in 2020, approximately reflecting the previous year.
The average optical fiber cables import price stood at $8,128 per ton in 2022, with an increase of 2.5% against the previous year.

This report provides an in-depth analysis of the optical fiber cables 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:

  • Prodcom 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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