Report Update Apr 1, 2024

Cuba - Vacuum Cleaners Without Motor - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Cuba

The Cuban vacuum cleaner without motor market soared to $X in 2021, jumping by 651% 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). Overall, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Exports of Vacuum Cleaners Without Motor

Exports from Cuba

In 2021, approx. X units of vacuum cleaners without motor were exported from Cuba; remaining stable against the previous year's figure. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, vacuum cleaner without motor exports stood at $X in 2021. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Guyana (X units) was the main destination for vacuum cleaner without motor exports from Cuba, accounting for a approx. 100% share of total exports.

From 2016 to 2021, the average annual rate of growth in terms of volume to Guyana was relatively modest.

From 2016 to 2021, the average annual growth rate of value to Guyana was relatively modest.

Export Prices by Country

In 2021, the average vacuum cleaner without motor export price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Guyana.

From 2016 to 2021, the rate of growth in terms of prices for Guyana amounted to 0.0% per year.

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Imports of Vacuum Cleaners Without Motor

Imports into Cuba

Vacuum cleaner without motor imports into Cuba surged to X units in 2021, rising by 814% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, vacuum cleaner without motor imports surged to $X in 2021. Overall, imports, however, recorded a perceptible decrease. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Panama (X units), Spain (X units) and Mexico (X units) were the main suppliers of vacuum cleaner without motor imports to Cuba, with a combined 82% share of total imports. Ethiopia, Canada, Angola, Portugal and the Netherlands lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Angola (with a CAGR of +61.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of vacuum cleaners without motor to Cuba, comprising 79% of total imports. The second position in the ranking was held by Panama ($X), with an 11% share of total imports. It was followed by Mexico, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+10.1% per year) and Mexico (+23.8% per year).

Import Prices by Country

The average vacuum cleaner without motor import price stood at $X per unit in 2021, declining by -25.7% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2013 an increase of 38%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per unit), while the price for Ethiopia ($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 (+5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum cleaners without motor in the world?

India remains the largest vacuum cleaner without motor consuming country worldwide, accounting for 23% of total volume. Moreover, vacuum cleaner without motor consumption in India exceeded the figures recorded by the second-largest consumer, Italy, twofold. The third position in this ranking was held by the UK, with an 8.7% share.

What are the largest producers of vacuum cleaners without motor in the world?

The countries with the highest volumes of production in 2021 were Italy, Malaysia and China, with a combined 58% share of global production. These countries were followed by Thailand, the Netherlands, Turkey and Bulgaria, which together accounted for a further 30%.

What are the leading suppliers of vacuum cleaners without motor to Cuba?

In value terms, Spain constituted the largest supplier of vacuum cleaners without motor to Cuba, comprising 79% of total imports. The second position in the ranking was held by Panama, with an 11% share of total imports. It was followed by Mexico, with a 4.1% share.

What is the average export price for vacuum cleaners without motor in Cuba?

In 2021, the average vacuum cleaner without motor export price amounted to $235,240 per unit, approximately equating the previous year.

What is the average import price for vacuum cleaners without motor in Cuba?

The average vacuum cleaner without motor import price stood at $167 per unit in 2021, declining by -25.7% against the previous year.

This report provides an in-depth analysis of the market for vacuum cleaner without motor 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 27512410 - Vacuum cleaners, including dry cleaners and wet vacuum cleaners (excluding with self-contained 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