Report Update Apr 1, 2024

Cuba - Printed Circuits - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Printed Circuit Market 2024

Printed Circuit Market Size in Cuba

In 2021, the Cuban printed circuit market increased by 59% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a deep setback. Printed circuit consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Printed Circuit Exports

Exports from Cuba

In 2021, approx. X units of printed circuits were exported from Cuba; rising by 57% on 2020 figures. Overall, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 94%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, printed circuit exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a abrupt downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) and Argentina (X units) were the main destinations of printed circuit exports from Cuba.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +2.0%).

In value terms, China ($X) remains the key foreign market for printed circuits exports from Cuba, comprising 60% of total exports. The second position in the ranking was held by Argentina ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +5.0%.

Export Prices by Country

In 2021, the average printed circuit export price amounted to $X per unit, increasing by 93% against the previous year. Overall, the export price, however, showed a mild slump. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Argentina totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced a decline.

Printed Circuit Imports

Imports into Cuba

In 2021, supplies from abroad of printed circuits increased by 36% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 300%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, printed circuit imports soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 106%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X units) constituted the largest supplier of printed circuit to Cuba, with a 35% share of total imports. Moreover, printed circuit imports from France exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. The third position in this ranking was taken by Canada (X units), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +107.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+13.3% per year) and Canada (+7.0% per year).

In value terms, the largest printed circuit suppliers to Cuba were Canada ($X), Taiwan (Chinese) ($X) and Spain ($X), with a combined 35% share of total imports. These countries were followed by France, Italy, China, the Netherlands and Sweden, which together accounted for a further 20%.

France, with a CAGR of +93.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average printed circuit import price stood at $X per unit in 2021, surging by 45% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 76% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for printed circuits in the world?

China remains the largest printed circuit consuming country worldwide, accounting for 28% of total volume. Moreover, printed circuit consumption in China exceeded the figures recorded by the second-largest consumer, Malaysia, threefold. The third position in this ranking was taken by Slovakia, with a 5.4% share.

What are the largest producers of printed circuits in the world?

The country with the largest volume of printed circuit production was China, accounting for 39% of total volume. Moreover, printed circuit production in China exceeded the figures recorded by the second-largest producer, Malaysia, fivefold. Slovakia ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of printed circuits to Cuba?

In value terms, the largest printed circuit suppliers to Cuba were Canada, Taiwan Chinese) and Spain, with a combined 35% share of total imports. These countries were followed by France, Italy, China, the Netherlands and Sweden, which together accounted for a further 20%.

What are the leading importers of printed circuits from Cuba?

In value terms, China remains the key foreign market for printed circuits exports from Cuba, comprising 60% of total exports. The second position in the ranking was taken by Argentina $471), with a 26% share of total exports.

What is the average export price for printed circuits in Cuba?

The average printed circuit export price stood at $171 per unit in 2021, with an increase of 93% against the previous year.

What is the average import price for printed circuits in Cuba?

The average printed circuit import price stood at $128 per unit in 2021, surging by 45% against the previous year.

This report provides an in-depth analysis of the printed circuit 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 26121020 - Bare multilayer printed circuit boards
Prodcom 26121050 - Bare printed circuit boards other than multilayer
Prodcom 26121080 - Passive networks (including networks of resistors and/or capacitors) (excluding resistor chip arrays, capacitor chip arrays, boards containing active components, hybrids)

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