Report Update Nov 1, 2024

Cuba - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Abs Copolymers Market 2024

Abs Copolymers Market Size in Cuba

The Cuban ABS copolymers market expanded slightly to $X in 2021, with an increase of 3.9% against the previous year. Over the period under review, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Abs Copolymers Production in Cuba

In value terms, ABS copolymers production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 74%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Abs Copolymers Exports

Exports from Cuba

In 2021, shipments abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 23% to X tons, rising for the second consecutive year after three years of decline. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,085% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, ABS copolymers exports reached $X in 2021. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 674% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for ABS copolymers exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malaysia amounted to +30.1%.

In value terms, Malaysia ($X) also remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +18.6%.

Export Prices by Country

In 2021, the average ABS copolymers export price amounted to $X per ton, declining by -18.1% against the previous year. Overall, the export price showed a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -8.9% per year.

Abs Copolymers Imports

Imports into Cuba

In 2021, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -58.1% to X tons, falling for the fifth year in a row after three years of growth. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2015 when imports increased by 84%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, ABS copolymers imports dropped sharply to $X in 2021. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 46%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X tons), China (X tons) and Canada (X tons) were the main suppliers of ABS copolymers imports to Cuba, together accounting for 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +4.8%), while purchases for the other leaders experienced a decline.

In value terms, Mexico ($X), China ($X) and Canada ($X) constituted the largest ABS copolymers suppliers to Cuba, together comprising 98% of total imports.

China, with a CAGR of +4.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average ABS copolymers import price stood at $X per ton in 2021, with an increase of 4.2% against the previous year. In general, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ABS copolymers import price increased by +69.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 53% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers consumption in 2020 were China, Taiwan Chinese) and the United States, together comprising 48% of global consumption. These countries were followed by Indonesia, Japan, Mexico, Nigeria, Malaysia, Vietnam, Germany, Turkey, South Korea and Iran, which together accounted for a further 24%.

What are the largest producers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers production in 2020 were South Korea, Taiwan Chinese) and the United States, with a combined 49% share of global production. Belgium, Japan, Malaysia, Indonesia, the Netherlands, Nigeria, Mexico, Iran, Thailand and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Cuba?

In value terms, Mexico constituted the largest supplier of abs copolymers to Cuba, comprising 76% of total imports. The second position in the ranking was occupied by China, with an 18% share of total imports.

What are the leading importers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms from Cuba?

In value terms, Malaysia remains the key foreign market for abs copolymers exports from Cuba.

What is the average export price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Cuba?

The average abs copolymers export price stood at $1,531 per ton in 2020, declining by -6% against the previous year.

What is the average import price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Cuba?

In 2020, the average abs copolymers import price amounted to $1,735 per ton, dropping by -13.2% against the previous year.

This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms

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:

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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
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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