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Store → Machinery And Equipment → Engines And Turbines → Wind Powered Generating Sets
Report Cuba - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Cuba - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Wind Powered Generator Market 2023

Wind Powered Generator Market Size in Cuba

The Cuban wind powered generator market dropped dramatically to $X in 2021, with a decrease of -38.9% against the previous year. Overall, consumption, however, showed perceptible growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Wind Powered Generator Production in Cuba

In value terms, wind powered generator production fell to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Wind Powered Generator Exports

Exports from Cuba

In 2021, the amount of wind powered generating sets exported from Cuba totaled less than X units, remaining relatively unchanged against 2020 figures. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, wind powered generator exports stood at less than $X in 2021. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Wind Powered Generator Imports

Imports into Cuba

In 2021, approx. X units of wind powered generating sets were imported into Cuba; with a decrease of -66.4% against the previous year's figure. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 93% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, wind powered generator imports reduced notably to $X in 2021. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2018 with an increase of 43% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units) and Spain (X units) were the main suppliers of wind powered generator imports to Cuba.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +13.7%).

In value terms, China ($X) constituted the largest supplier of wind powered generating sets to Cuba, comprising 94% of total imports. The second position in the ranking was taken by Spain ($X), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -13.0%.

Import Prices by Country

The average wind powered generator import price stood at $X per unit in 2021, waning by -56.2% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 72%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Spain totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-6.8%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in the world?
+
Mexico constituted the country with the largest volume of wind powered generator consumption, accounting for 19% of total volume. Moreover, wind powered generator consumption in Mexico exceeded the figures recorded by the second-largest consumer, Croatia, twofold. Hong Kong SAR ranked third in terms of total consumption with a 7.3% share.
What are the largest producers of wind powered generating sets in the world?
+
Hong Kong SAR remains the largest wind powered generator producing country worldwide, comprising approx. 30% of total volume. Moreover, wind powered generator production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, Cyprus, twofold. France ranked third in terms of total production with an 8% share.
What are the leading suppliers of wind powered generating sets to Cuba?
+
In value terms, China constituted the largest supplier of wind powered generating sets to Cuba, comprising 94% of total imports. The second position in the ranking was taken by Spain, with a 3% share of total imports.
What is the average import price for wind powered generating sets in Cuba?
+
In 2021, the average wind powered generator import price amounted to $12,256 per unit, waning by -56.2% against the previous year.

This report provides an in-depth analysis of the wind powered generator 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.


Product coverage:
• Prodcom 28112400 - Generating sets, wind-powered
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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