
Cuba - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights
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Cuba: Titanium Market 2022
Titanium Market Size in Cuba
In 2021, the Cuban titanium market increased by X% to $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, saw a perceptible decrease. Titanium consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Titanium Production in Cuba
In value terms, titanium production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.
Titanium Imports
Imports into Cuba
In 2021, approx. less than X kg of titanium sponge, powders, ingots and slabs were imported into Cuba; stabilizing at 2020. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak of X kg. From 2014 to 2021, the growth imports failed to regain momentum.
In value terms, titanium imports totaled less than $X in 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.
Imports by Country
In 2013, Germany (X kg) was the main supplier of titanium to Cuba, accounting for a approx. X% share of total imports.
From 2012 to 2013, the average annual rate of growth in terms of volume from Germany was relatively modest.
In value terms, Germany ($X) constituted the largest supplier of titanium to Cuba.
From 2012 to 2013, the average annual growth rate of value from Germany was relatively modest.
Import Prices by Country
In 2013, the average titanium import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2013, the rate of growth in terms of prices for Germany amounted to X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the titanium 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.
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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