Cuba: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2021

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Cuba

The Cuban market for wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Cuba

In value terms, production of wood chips, parts, residues, pellets and other agglomerates expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2013 to 2020, production growth remained at a lower figure.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Cuba

In 2020, the amount of wood chips, parts, residues, pellets and other agglomerates exported from Cuba dropped markedly to X cubic meters, reducing by -X% on the year before. Overall, exports, however, recorded modest growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of X cubic meters. from 2009 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates declined sharply to $X in 2020. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth of exports remained at a lower figure.

Exports by Country

Greece (X cubic meters), Italy (X cubic meters) and North Macedonia (X cubic meters) were the main destinations of exports of wood chips, parts, residues, pellets and other agglomerates from Cuba, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy, while exports for the other leaders experienced mixed trend patterns.

From 2007 to 2019, the average annual rate of growth in terms of value to Greece amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and North Macedonia (-X% per year).

Export Prices by Country

In 2019, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, approximately mirroring the previous year. In general, the export price showed a slight curtailment. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Greece ($X per cubic meter), while the average price for exports to Italy ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Cuba

In 2020, approx. X cubic meters of wood chips, parts, residues, pellets and other agglomerates were imported into Cuba; increasing by X% on the previous year. Over the period under review, imports, however, faced a significant decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2020. Overall, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Serbia (X cubic meters) constituted the largest wood chips, parts, residues, pellets and other agglomerates supplier to Cuba, accounting for a X% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Serbia exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Serbia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-X% per year) and Slovenia (-X% per year).

In value terms, Serbia ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Cuba, comprising X% of total imports. The second position in the ranking was occupied by Romania ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Serbia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-X% per year) and Slovenia (-X% per year).

Import Prices by Country

In 2020, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, growing by X% against the previous year. Overall, the import price posted a buoyant expansion. The import price peaked at $X per cubic meter in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Slovenia ($X per cubic meter), while the price for Serbia ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform