
Cuba - Silk Yarn - Market Analysis, Forecast, Size, Trends and Insights
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Cuba: Silk Yarn Market 2021
Silk Yarn Market Size in Cuba
The Cuban silk yarn market declined to $X in 2019, shrinking by -X% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Silk yarn consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.
Silk Yarn Production in Cuba
In value terms, silk yarn production declined modestly to $X in 2019 estimated in export prices. Overall, the total production indicated a temperate expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Silk yarn production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.
Silk Yarn Imports
Imports into Cuba
In 2019, the amount of silk yarn imported into Cuba dropped remarkably to X kg, falling by -X% on the previous year's figure. Overall, imports, however, enjoyed significant growth. Over the period under review, imports reached the maximum at X kg in 2018, and then dropped significantly in the following year.
In value terms, silk yarn imports shrank sharply to $X in 2019. In general, imports, however, saw significant growth. Imports peaked at $X in 2018, and then plummeted in the following year.
Imports by Country
In 2018, the UK (X kg) was the main silk yarn supplier to Cuba, with a approx. X% share of total imports.
From 2007 to 2018, the average annual rate of growth in terms of volume from the UK was relatively modest.
In value terms, the UK ($X) constituted the largest supplier of silk yarn to Cuba.
From 2007 to 2018, the average annual growth rate of value from the UK was relatively modest.
Import Prices by Country
In 2018, the average silk yarn import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2007 to 2018, the rate of growth in terms of prices for the UK amounted to X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the silk yarn 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 2025.
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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