Cuba: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2025

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Cuba

In 2021, the Cuban market for aluminium alloy plates, sheets and strip of thickness over X mm decreased by -22.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a drastic downturn. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Cuba

In 2016, approx. X kg of aluminium alloy plates, sheets and strip of thickness over X mm were exported from Cuba; surging by 1,533% against the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2016. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X kg) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Cuba, accounting for a approx. 100% share of total exports.

From 2015 to 2016, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for aluminium alloy plates, sheets and strip of thickness over X mm exports from Cuba.

From 2015 to 2016, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2016, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, which is down by -24.3% against the previous year. Over the period under review, the export price showed a sharp slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2015, and then contracted sharply in the following year.

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

From 2015 to 2016, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Cuba

In 2021, purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm decreased by -19.1% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 181%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm dropped markedly to $X in 2021. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 194%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier to Cuba, accounting for a 79% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was held by Germany (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1,123.0% per year) and Germany (+118.8% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plates, sheets and strip of thickness over X mm to Cuba, comprising 57% of total imports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1,516.8% per year) and Germany (+124.5% per year).

Import Prices by Country

The average import price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, with a decrease of -6.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 35%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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