Cuba: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2022

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Cuba

In 2021, the Cuban market for floor, wall or ceiling coverings of plastics increased by 2.4% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded tangible growth. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Cuba

In 2021, exports of floor, wall or ceiling coverings of plastics from Cuba totaled X kg, approximately reflecting the previous year's figure. Over the period under review, exports recorded a buoyant expansion. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics amounted to $X in 2021. In general, exports saw a temperate expansion. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Costa Rica (X kg) was the main destination for exports of floor, wall or ceiling coverings of plastics from Cuba, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to Costa Rica was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Costa Rica was relatively modest.

Export Prices by Country

In 2021, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price recorded a pronounced setback. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the 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 Costa Rica.

From 2015 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Cuba

In 2021, after two years of decline, there was growth in purchases abroad of floor, wall or ceiling coverings of plastics, when their volume increased by 0.9% to X tons. Over the period under review, imports posted a moderate increase. The pace of growth appeared the most rapid in 2016 with an increase of 64%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of floor, wall or ceiling coverings of plastics stood at $X in 2021. Overall, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 88% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

China (X tons), Spain (X tons) and Panama (X tons) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Cuba, with a combined 66% share of total imports. Canada, Italy and France lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +29.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Panama ($X) and Canada ($X) were the largest plastic floor, wall and ceiling coverings suppliers to Cuba, with a combined 64% share of total imports.

In terms of the main suppliers, Canada, with a CAGR of +32.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per ton in 2021, increasing by 1.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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