Report Update Nov 1, 2024

Cuba - Cement Clinker - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Cement Clinker Market 2024

Cement Clinker Market Size in Cuba

After eight years of decline, the Cuban cement clinker market increased by 6.5% to $X in 2021. Over the period under review, consumption, however, saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cement Clinker Production in Cuba

In value terms, cement clinker production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cement Clinker Exports

Exports from Cuba

In 2021, the amount of cement clinker exported from Cuba stood at X tons, remaining relatively unchanged against the year before. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 136% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, cement clinker exports reached $X in 2021. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ecuador (X tons), Colombia (X tons) and Panama (X tons) were the main destinations of cement clinker exports from Cuba, with a combined 99.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +27.6%), while shipments for the other leaders experienced a decline.

In value terms, Ecuador ($X) remains the key foreign market for cement clinker exports from Cuba, comprising 74% of total exports. The second position in the ranking was held by Colombia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador totaled +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-40.8% per year) and Panama (-18.3% per year).

Export Prices by Country

In 2021, the average cement clinker export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 41%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-8.4%), while the prices for the other major destinations experienced a decline.

Cement Clinker Imports

Imports into Cuba

Cement clinker imports into Cuba shrank modestly to X tons in 2021, dropping by -4.8% compared with the previous year. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 381%. As a result, imports attained the peak of X tons, and then declined slightly in the following year.

In value terms, cement clinker imports stood at $X in 2021. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 137% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of cement clinker to Cuba, with a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +43.5%.

In value terms, China ($X) constituted the largest supplier of cement clinker to Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +34.8%.

Import Prices by Country

The average cement clinker import price stood at $X per ton in 2021, growing by 5.1% against the previous year. In general, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 178% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for Slovakia amounted to +431.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cement clinker in the world?

The countries with the highest volumes of in 2021 were Turkey, Russia and China, with a combined 40% share of global consumption. These countries were followed by Bangladesh, India, Japan, the United Arab Emirates, Pakistan, Nigeria, Cote d'Ivoire, Ghana, Brazil and Australia, which together accounted for a further 25%.

What are the largest producers of cement clinker in the world?

The countries with the highest volumes of in 2021 were Turkey, Russia and Vietnam, together comprising 45% of global production. These countries were followed by India, Japan, Indonesia, Thailand, the United Arab Emirates, Pakistan, South Korea, Iran, Spain and Nigeria, which together accounted for a further 34%.

What are the leading suppliers of cement clinker to Cuba?

In value terms, China constituted the largest supplier of cement clinker to Cuba.

What are the leading importers of cement clinker from Cuba?

In value terms, Ecuador remains the key foreign market for cement clinker exports from Cuba, comprising 75% of total exports. The second position in the ranking was occupied by Colombia, with a 25% share of total exports.

What is the average export price for cement clinker in Cuba?

The average cement clinker export price stood at $50 per ton in 2021, picking up by 1.6% against the previous year.

What is the average import price for cement clinker in Cuba?

The average cement clinker import price stood at $124 per ton in 2021, growing by 10% against the previous year.

This report provides an in-depth analysis of the cement clinker 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 23511100 - Cement clinker

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