Report Cuba - Self-Propelled Trucks Fitted With Lifting or Handling Equipment, Non-Powered by An Electric Motor - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Cuba: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Cuba

The Cuban self-propelled non-electric fork-lift truck market reduced dramatically to $X in 2021, waning by -74.6% 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). In general, consumption showed a sharp contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into Cuba

In 2021, self-propelled non-electric fork-lift truck imports into Cuba dropped notably to X units, declining by -75.9% compared with the previous year's figure. Overall, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2015 when imports increased by 142% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports dropped notably to $X in 2021. In general, imports saw a sharp decline. The pace of growth was the most pronounced in 2015 with an increase of 85% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of self-propelled non-electric fork-lift truck to Cuba, with a 48% share of total imports. Moreover, self-propelled non-electric fork-lift truck imports from Italy exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+3.2% per year) and the Netherlands (-18.1% per year).

In value terms, Italy ($X) constituted the largest supplier of self-propelled non-electric fork-lift truck to Cuba, comprising 76% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by South Korea, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +108.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-16.6% per year) and South Korea (-8.6% per year).

Import Prices by Country

In 2021, the average self-propelled non-electric fork-lift truck import price amounted to $X per unit, growing by 7.7% against the previous year. Overall, the import price recorded a moderate expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 62% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled fork-lift trucks with non-electric motor in the world?

The countries with the highest volumes of consumption in 2021 were South Africa, the United States and China, with a combined 35% share of global consumption. These countries were followed by India, France, Japan, the Netherlands, the UK, Canada, Italy, Germany, South Korea and Brazil, which together accounted for a further 33%.

What are the largest producers of self-propelled fork-lift trucks with non-electric motor in the world?

China constituted the country with the largest volume of self-propelled non-electric fork-lift truck production, comprising approx. 28% of total volume. Moreover, self-propelled non-electric fork-lift truck production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was held by the UK, with a 10% share.

What are the leading suppliers of self-propelled fork-lift trucks with non-electric motor to Cuba?

In value terms, Italy constituted the largest supplier of self-propelled non-electric fork-lift truck to Cuba, comprising 76% of total imports. The second position in the ranking was taken by the Netherlands, with a 12% share of total imports. It was followed by South Korea, with a 4.9% share.

What is the average import price for self-propelled fork-lift trucks with non-electric motor in Cuba?

The average self-propelled non-electric fork-lift truck import price stood at $33,755 per unit in 2021, rising by 7.7% against the previous year.

This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck 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 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor

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