Report Update Nov 1, 2024

Cuba - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Cuba

In 2021, after two years of decline, there was significant growth in the Cuban rolled bitumen articles market, when its value increased by 128% to $X. In general, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Rolled Bitumen Articles Imports

Imports into Cuba

After five years of decline, supplies from abroad of articles of bitumen in rolls increased by 94% to X square meters in 2021. In general, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when imports increased by 123% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, rolled bitumen articles imports skyrocketed to $X in 2021. Overall, imports, however, saw a deep contraction. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X square meters) constituted the largest supplier of rolled bitumen articles to Cuba, with a 48% share of total imports. Moreover, rolled bitumen articles imports from Italy exceeded the figures recorded by the second-largest supplier, Canada (X square meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+3.8% per year) and Spain (-20.7% per year).

In value terms, Italy ($X) constituted the largest supplier of articles of bitumen in rolls to Cuba, comprising 48% of total imports. The second position in the ranking was held by Canada ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+0.8% per year) and Spain (-22.1% per year).

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2021, jumping by 23% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Canada ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles consumption in 2021 were China, the United States and Japan, with a combined 58% share of global consumption. These countries were followed by Russia, Mexico, South Korea, Saudi Arabia, Iran, Germany, Egypt, Turkey, Canada and France, which together accounted for a further 24%.

What are the largest producers of articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles production in 2021 were China, the United States and Russia, together comprising 58% of global production. These countries were followed by Japan, Mexico, Saudi Arabia, Germany, Canada, South Korea, Iran, Italy, France and Turkey, which together accounted for a further 27%.

What are the leading suppliers of articles of bitumen in rolls to Cuba?

In value terms, Italy constituted the largest supplier of rolled bitumen articles to Cuba, comprising 95% of total imports. The second position in the ranking was occupied by Canada, with a 3.4% share of total imports.

What is the average import price for articles of bitumen in rolls in Cuba?

In 2021, the average rolled bitumen articles import price amounted to $3 per square meter, jumping by 16% against the previous year.

This report provides an in-depth analysis of the rolled bitumen articles 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

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