Report Update Nov 1, 2024

Cuba - Aluminium Tubes, Pipes and Tube or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Aluminium Tube Market 2024

Aluminium Tube Market Size in Cuba

The Cuban aluminium tube market surged to $X in 2021, with an increase of 132% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a strong increase. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Aluminium Tube Exports

Exports from Cuba

In 2018, approx. X kg of aluminium tubes, pipes and tube or pipe fittings were exported from Cuba; approximately reflecting the previous year's figure. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 680%. Over the period under review, the exports reached the peak figure in 2018 and are expected to retain growth in years to come.

In value terms, aluminium tube exports stood at $X in 2018. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,280%. The exports peaked in 2018 and are expected to retain growth in the immediate term.

Exports by Country

Taiwan (Chinese) (X kg) was the main destination for aluminium tube exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Taiwan (Chinese) was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Taiwan (Chinese) was relatively modest.

Export Prices by Country

In 2018, the average aluminium tube export price amounted to $X per ton, approximately equating the previous year. In general, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2018, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2018, the rate of growth in terms of prices for Venezuela amounted to +76.9% per year.

Aluminium Tube Imports

Imports into Cuba

Aluminium tube imports into Cuba soared to X tons in 2021, growing by 182% compared with 2020. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 212%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, aluminium tube imports soared to $X in 2021. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 131% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest aluminium tube supplier to Cuba, with a 28% share of total imports. Moreover, aluminium tube imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. The third position in this ranking was held by China (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+112.3% per year) and China (-1.8% per year).

In value terms, Spain ($X) constituted the largest supplier of aluminium tubes, pipes and tube or pipe fittings to Cuba, comprising 30% of total imports. The second position in the ranking was taken by Portugal ($X), with a 10% share of total imports. It was followed by Panama, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+61.9% per year) and Panama (+14.2% per year).

Import Prices by Country

In 2021, the average aluminium tube import price amounted to $X per ton, with a decrease of -23.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium tubes, pipes and tube or pipe fittings in the world?

The countries with the highest volumes of in 2021 were Brazil, China and the United States, with a combined 57% share of global consumption. These countries were followed by Japan, Russia, Indonesia, Germany, Turkey, Canada, Mexico and South Korea, which together accounted for a further 20%.

What are the largest producers of aluminium tubes, pipes and tube or pipe fittings in the world?

The countries with the highest volumes of in 2021 were Brazil, China and the United States, together comprising 64% of global production. Japan, Russia, Turkey, Indonesia, South Korea, Saudi Arabia and Italy lagged somewhat behind, together accounting for a further 18%.

What are the leading suppliers of aluminium tubes, pipes and tube or pipe fittings to Cuba?

In value terms, Spain constituted the largest supplier of aluminium tube to Cuba, comprising 45% of total imports. The second position in the ranking was occupied by Canada, with a 16% share of total imports. It was followed by Portugal, with a 12% share.

What is the average export price for aluminium tubes, pipes and tube or pipe fittings in Cuba?

The average aluminium tube export price stood at $1,964 per ton in 2018, standing approx. at the previous year.

What is the average import price for aluminium tubes, pipes and tube or pipe fittings in Cuba?

The average aluminium tube import price stood at $6,786 per ton in 2021, which is down by -5.7% against the previous year.

This report provides an in-depth analysis of the aluminium tube 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 24422630 - Aluminium tubes and pipes (excluding hollow profiles, tube or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
Prodcom 24422650 - Aluminium alloy tubes and pipes (excluding hollow profiles, t ubes or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
Prodcom 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)

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