Report Update Nov 1, 2024

Cuba - Acetic Anhydride - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Acetic Anhydride Market 2024

Acetic Anhydride Market Size in Cuba

For the sixth consecutive year, the Cuban acetic anhydride market recorded growth in sales value, which increased by 15% to $X in 2021. In general, consumption continues to indicate a tangible increase. Acetic anhydride consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Acetic Anhydride Production in Cuba

In value terms, acetic anhydride production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Acetic Anhydride Exports

Exports from Cuba

In 2015, acetic anhydride exports from Cuba amounted to X kg, stabilizing at 2014 figures. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2015 and are likely to see gradual growth in the immediate term.

In value terms, acetic anhydride exports totaled $X in 2015. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2015 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X kg) was the main destination for acetic anhydride exports from Cuba, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2015 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Acetic Anhydride Imports

Imports into Cuba

In 2021, supplies from abroad of acetic anhydride increased by 72% to X kg, rising for the fifth year in a row after two years of decline. In general, imports showed a perceptible increase. The growth pace was the most rapid in 2020 when imports increased by 157%. Imports peaked at X kg in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, acetic anhydride imports soared to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 194%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X kg) constituted the largest acetic anhydride supplier to Cuba, accounting for a 42% share of total imports. Moreover, acetic anhydride imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, Spain ($X) and the Netherlands ($X) were the largest acetic anhydride suppliers to Cuba.

Among the main suppliers, the Netherlands, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the average acetic anhydride import price amounted to $X per ton, which is down by -3.6% against the previous year. Over the period under review, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2015 an increase of 74% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetic anhydride in the world?

The countries with the highest volumes of acetic anhydride consumption in 2021 were the United States, Mexico and Belgium, with a combined 49% share of global consumption. Germany, the UK, Saudi Arabia, the Netherlands, India, France, South Korea, Switzerland, China and Denmark lagged somewhat behind, together comprising a further 42%.

What are the largest producers of acetic anhydride in the world?

The countries with the highest volumes of acetic anhydride production in 2021 were the United States, the UK and Mexico, together accounting for 81% of global production. Saudi Arabia, India and China lagged somewhat behind, together comprising a further 18%.

What are the leading suppliers of acetic anhydride to Cuba?

In value terms, Spain $369) and the Netherlands $283) constituted the largest acetic anhydride suppliers to Cuba.

What is the average export price for acetic anhydride in Cuba?

The average acetic anhydride export price stood at $775 per ton in 2015, approximately mirroring the previous year.

What is the average import price for acetic anhydride in Cuba?

In 2021, the average acetic anhydride import price amounted to $6,255 per ton, falling by -20.1% against the previous year.

This report provides an in-depth analysis of the acetic anhydride 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 20143277 - Acetic anhydride

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