Report Cuba - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Cuba - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Gearboxes and Speed Changers 2025

Market Size for Gearboxes and Speed Changers in Cuba

In 2021, after three years of decline, there was growth in the Cuban gearboxes and speed changers market, when its value increased by 0.9% to $X. Overall, consumption showed a noticeable contraction. Gearboxes and speed changers consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Gearboxes and Speed Changers

Exports from Cuba

For the third year in a row, Cuba recorded growth in overseas shipments of gearboxes and speed changers, which increased by 5.8% to X tons in 2021. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 572%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, gearboxes and speed changers exports rose markedly to $X in 2021. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 371%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for gearboxes and speed changers exports from Cuba, accounting for a 90% share of total exports. Moreover, gearboxes and speed changers exports to the Netherlands exceeded the volume sent to the second major destination, Spain (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +2.6%.

In value terms, the Netherlands ($X) remains the key foreign market for gearboxes and speed changers exports from Cuba, comprising 73% of total exports. The second position in the ranking was taken by Spain ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +13.3%.

Export Prices by Country

In 2021, the average gearboxes and speed changers export price amounted to $X per ton, with an increase of 7.4% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2014 an increase of 118% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+23.9%).

Imports of Gearboxes and Speed Changers

Imports into Cuba

In 2021, overseas purchases of gearboxes and speed changers decreased by -6.2% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, gearboxes and speed changers imports rose sharply to $X in 2021. In general, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X tons), Poland (X tons) and China (X tons) were the main suppliers of gearboxes and speed changers imports to Cuba, together accounting for 73% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of gearboxes and speed changers to Cuba, comprising 43% of total imports. The second position in the ranking was held by Poland ($X), with a 17% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+47.3% per year) and China (+7.3% per year).

Import Prices by Country

The average gearboxes and speed changers import price stood at $X per ton in 2021, surging by 16% against the previous year. Overall, 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 25%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+11.7%), 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 gearboxes and speed changers in the world?

The country with the largest volume of gearboxes and speed changers consumption was China, comprising approx. 27% of total volume. Moreover, gearboxes and speed changers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.7% share.

What are the largest producers of gearboxes and speed changers in the world?

China remains the largest gearboxes and speed changers producing country worldwide, accounting for 32% of total volume. Moreover, gearboxes and speed changers production in China exceeded the figures recorded by the second-largest producer, India, threefold. Germany ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of gearboxes and speed changers to Cuba?

In value terms, Russia constituted the largest supplier of gearboxes and speed changers to Cuba, comprising 36% of total imports. The second position in the ranking was occupied by Poland, with a 14% share of total imports. It was followed by China, with a 12% share.

What are the leading importers of gearboxes and speed changers from Cuba?

In value terms, the Netherlands remains the key foreign market for gearboxes and speed changers exports from Cuba.

What is the average export price for gearboxes and speed changers in Cuba?

In 2021, the average gearboxes and speed changers export price amounted to $17,075 per ton, remaining relatively unchanged against the previous year.

What is the average import price for gearboxes and speed changers in Cuba?

In 2021, the average gearboxes and speed changers import price amounted to $20,863 per ton, waning by -13.8% against the previous year.

This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
Prodcom 28152473 - Ball or roller screws
Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024