Cuba: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Cuba

In 2021, the Cuban market for non-soap washing and cleaning preparations decreased by -10.2% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +50.8% against 2015 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Non-Soap Washing and Cleaning Preparations in Cuba

In value terms, non-soap washing and cleaning preparations production reduced rapidly to $X in 2021 estimated in export price. Overall, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +39.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 44%. As a result, production attained the peak level of $X, and then dropped rapidly in the following year.

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Exports of Non-Soap Washing and Cleaning Preparations

Exports from Cuba

In 2021, non-soap washing and cleaning preparations exports from Cuba fell significantly to X tons, with a decrease of -86.9% on the year before. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 434%. As a result, the exports reached the peak of X tons, and then plummeted in the following year.

In value terms, non-soap washing and cleaning preparations exports declined sharply to $X in 2021. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 289%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for non-soap washing and cleaning preparations exports from Cuba, accounting for a 86% share of total exports. Moreover, non-soap washing and cleaning preparations exports to Spain exceeded the volume sent to the second major destination, the Dominican Republic (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+49.4% per year) and Moldova (0.0% per year).

In value terms, Spain ($X), the Dominican Republic ($X) and Moldova ($X) constituted the largest markets for non-soap washing and cleaning preparations exported from Cuba worldwide.

Among the main countries of destination, the Dominican Republic, with a CAGR of +49.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2021, surging by 15% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+103.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Cuba

Non-soap washing and cleaning preparations imports into Cuba soared to X tons in 2021, rising by 31% compared with 2020 figures. In general, imports showed strong growth. The growth pace was the most rapid in 2018 when imports increased by 51%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, non-soap washing and cleaning preparations imports rose significantly to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.4% against 2017 indices. The pace of growth was the most pronounced in 2018 when imports increased by 65%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), El Salvador (X tons) and Guatemala (X tons) were the main suppliers of non-soap washing and cleaning preparations imports to Cuba, with a combined 74% share of total imports. These countries were followed by Mexico, Italy, Spain and Brazil, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +41.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), El Salvador ($X) and Spain ($X) were the largest non-soap washing and cleaning preparations suppliers to Cuba, with a combined 55% share of total imports. These countries were followed by Mexico, Guatemala, Brazil and Italy, which together accounted for a further 31%.

Brazil, with a CAGR of +44.6%, saw the highest growth rate of the value of imports, among 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 import price for non-soap washing and cleaning preparations stood at $X per ton in 2021, waning by -14.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2016 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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