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Report Cuba - Hammers and Sledge Hammers With Working Part of Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Cuba - Hammers and Sledge Hammers With Working Part of Metal - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Metal Hammer Market 2025

Metal Hammer Market Size in Cuba

In 2021, the Cuban metal hammer market increased by 92% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a mild descent. Metal hammer consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Metal Hammer Exports

Exports from Cuba

In 2021, shipments abroad of hammers and sledge hammers with working part of metal was finally on the rise to reach X kg for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by 257% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal hammer exports surged to $X in 2021. In general, exports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2013 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Angola (X kg) and Panama (X kg) were the main destinations of metal hammer exports from Cuba.

From 2012 to 2021, the biggest increases were in Angola (with a CAGR of +9.2%).

In value terms, Panama ($X) remains the key foreign market for metal hammer exports from Cuba, comprising 77% of total exports. The second position in the ranking was held by Angola ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama totaled -26.1%.

Export Prices by Country

The average metal hammer export price stood at $X per ton in 2021, rising by 12% against the previous year. In general, the export price, however, faced a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by 21%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Panama ($X per ton), while the average price for exports to Angola amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-5.0%).

Metal Hammer Imports

Imports into Cuba

In 2021, after two years of decline, there was significant growth in overseas purchases of hammers and sledge hammers with working part of metal, when their volume increased by 139% to X tons. Over the period under review, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when imports increased by 182% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal hammer imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a mild slump. The pace of growth appeared the most rapid in 2018 with an increase of 126%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest metal hammer supplier to Cuba, accounting for a 62% share of total imports. Moreover, metal hammer imports from Spain exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Mexico (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +31.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+15.5% per year) and Mexico (+0.5% per year).

In value terms, Spain ($X) constituted the largest supplier of metal hammer to Cuba, comprising 72% of total imports. The second position in the ranking was held by Brazil ($X), with a 9.6% share of total imports. It was followed by Mexico, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+3.7% per year) and Mexico (+0.9% per year).

Import Prices by Country

The average metal hammer import price stood at $X per ton in 2021, which is down by -23.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 35%. The import price peaked at $X per ton in 2020, and then dropped rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 43% of global consumption. These countries were followed by Japan, Russia, Brazil, South Korea, Malaysia, Indonesia, the UK, Vietnam, Taiwan Chinese) and Germany, which together accounted for a further 26%.
The country with the largest volume of metal hammer production was China, accounting for 61% of total volume. Moreover, metal hammer production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by Japan, with a 5.1% share.
In value terms, the largest metal hammer suppliers to Cuba were Spain, Panama and China, with a combined 97% share of total imports.
The average metal hammer export price stood at $1,857 per ton in 2018, therefore, remained relatively stable against the previous year.
The average metal hammer import price stood at $9,582 per ton in 2021, with an increase of 52% against the previous year.

This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal

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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 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

  12. 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

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