We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Cuba - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Cuba - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Glass Closure Market 2024

Glass Closure Market Size in Cuba

In 2021, the Cuban glass closure market decreased by -9.6% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, saw prominent growth. Glass closure consumption peaked at $X in 2020, and then dropped in the following year.

Glass Closure Production in Cuba

In value terms, glass closure production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 171%. Glass closure production peaked at $X in 2020, and then declined in the following year.

Glass Closure Exports

Exports by Country

Germany (X kg) was the main destination for glass closure exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2013, the average annual growth rate of volume to Germany was relatively modest.

From 2013 to 2013, the average annual rate of growth in terms of value to Germany was relatively modest.

Glass Closure Imports

Imports into Cuba

In 2021, supplies from abroad of glass stoppers, lids and other closures increased by 146% to X tons, rising for the third year in a row after three years of decline. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 266%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, glass closure imports surged to $X in 2021. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 126%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest glass closure supplier to Cuba, with a 82% share of total imports. Moreover, glass closure imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +110.1%.

In value terms, China ($X) constituted the largest supplier of glass closure to Cuba, comprising 73% of total imports. The second position in the ranking was taken by Spain ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +99.6%.

Import Prices by Country

The average glass closure import price stood at $X per ton in 2021, which is down by -41.4% against the previous year. In general, the import price showed a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 67% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of glass closure consumption was China, comprising approx. 17% of total volume. Moreover, glass closure consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 6.6% share.
China remains the largest glass closure producing country worldwide, accounting for 18% of total volume. Moreover, glass closure production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 6.5% share.
In value terms, Spain constituted the largest supplier of glass closure to Cuba.
The average glass closure export price stood at $4.2 per unit in 2013, standing approx. at the previous year.
The average glass closure import price stood at $2.5 per unit in 2021, increasing by 50% against the previous year.

This report provides an in-depth analysis of the glass closure 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

Recommended reports

Asia - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 183

This report provides an in-depth analysis of the glass closure market in Asia.

U.S. - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 187

This report provides an in-depth analysis of the glass closure market in the U.S..

China - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 150

This report provides an in-depth analysis of the glass closure market in China.

EU - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 143

This report provides an in-depth analysis of the glass closure market in the EU.

World - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 235

This report provides an in-depth analysis of the global glass closure market.

Free Data: Glass; stoppers, lids and other closures - Cuba
Table
Glass; stoppers, lids and other closures - Cuba - Table
Dashboard
Glass; stoppers, lids and other closures - Cuba - Dashboard
Report
Glass; stoppers, lids and other closures - Cuba - Report