Cuba - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Twig Broom Market 2024
Twig Broom Market Size in Cuba
In 2021, after five years of growth, there was significant decline in the Cuban twig broom market, when its value decreased by -11% to $X. In general, consumption, however, posted a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced in the following year.
Twig Broom Production in Cuba
In value terms, twig broom production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 72% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.
Twig Broom Exports
Exports from Cuba
In 2021, the amount of brooms and brushes of twigs exported from Cuba reduced rapidly to X units, with a decrease of -53.6% on 2020. Over the period under review, exports recorded a precipitous decline. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, twig broom exports shrank markedly to $X in 2021. In general, exports recorded a drastic downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
France (X units) and Guatemala (X units) were the main destinations of twig broom exports from Cuba.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of 0.0%).
In value terms, France ($X) emerged as the key foreign market for brooms and brushes of twigs exports from Cuba, comprising 40% of total exports. The second position in the ranking was held by Guatemala ($X), with a 20% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest.
Export Prices by Country
The average twig broom export price stood at $X per unit in 2021, increasing by 9.4% against the previous year. Overall, the export price showed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Guatemala stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Twig Broom Imports
Imports into Cuba
In 2021, overseas purchases of brooms and brushes of twigs decreased by -63.8% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 372%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, twig broom imports contracted markedly to $X in 2021. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 351% against the previous year. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.
Imports by Country
Spain (X units), Panama (X units) and Canada (X units) were the main suppliers of twig broom imports to Cuba, with a combined 66% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +6.8%), while purchases for the other leaders experienced a decline.
In value terms, the largest twig broom suppliers to Cuba were Spain ($X), Panama ($X) and Canada ($X), with a combined 55% share of total imports.
Among the main suppliers, Canada, with a CAGR of +12.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average twig broom import price stood at $X per unit in 2021, shrinking by -5.4% against the previous year. In general, the import price, however, showed modest growth. The growth pace was the most rapid in 2014 an increase of 63%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Canada ($X per unit) and Mexico ($X per unit), while the price for Panama ($X per unit) and Spain ($X per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the twig broom 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 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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