
Cuba - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights
Cuba: Market for Silk Shawls And Scarves 2022
Market Size for Silk Shawls And Scarves in Cuba
The Cuban silk shawl and scarf market dropped to $X in 2021, almost unchanged from the previous year. In general, consumption, however, recorded a abrupt contraction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.
Production of Silk Shawls And Scarves in Cuba
In value terms, silk shawl and scarf production declined slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.
Imports of Silk Shawls And Scarves
Imports into Cuba
In 2021, purchases abroad of silk shawls and scarves increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a significant curtailment. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.
In value terms, silk shawl and scarf imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Panama (X units) constituted the largest silk shawl and scarf supplier to Cuba, accounting for a X% share of total imports. Moreover, silk shawl and scarf imports from Panama exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. The third position in this ranking was taken by China (X units), with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Panama amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and China (-X% per year).
In value terms, Spain ($X) constituted the largest supplier of silk shawl and scarf to Cuba, comprising X% of total imports. The second position in the ranking was held by Panama ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-X% per year) and China (-X% per year).
Import Prices by Country
The average silk shawl and scarf import price stood at $X per unit in 2021, growing by less than X% against the previous year. In general, the import price recorded a prominent increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for silk shawl and scarf 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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