Report Update Nov 1, 2024

Cuba - High-Tenacity Filament Yarn of Polyesters - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Cuba

In 2021, the Cuban high-tenacity filament polyester yarn market decreased by -99.3% to $X for the first time since 2011, thus ending a nine-year rising trend. In general, consumption, however, continues to indicate a resilient expansion. High-tenacity filament polyester yarn consumption peaked at $X in 2020, and then fell significantly in the following year.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Cuba

After nine years of growth, purchases abroad of high-tenacity filament yarn of polyesters decreased by -99.2% to X kg in 2021. Over the period under review, imports, however, posted notable growth. The growth pace was the most rapid in 2019 with an increase of 1,689%. Imports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, high-tenacity filament polyester yarn imports dropped dramatically to $X in 2021. Overall, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 3,349%. Over the period under review, imports hit record highs at $X in 2020, and then dropped markedly in the following year.

Imports by Country

In 2021, Spain (X kg) was the main high-tenacity filament polyester yarn supplier to Cuba, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +3.5%.

In value terms, Spain ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Cuba.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +12.1%.

Import Prices by Country

The average high-tenacity filament polyester yarn import price stood at $X per ton in 2021, dropping by -24.6% against the previous year. In general, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 93% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then fell rapidly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +8.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for high-tenacity filament yarn of polyesters in the world?

The country with the largest volume of high-tenacity filament polyester yarn consumption was China, accounting for 23% of total volume. Moreover, high-tenacity filament polyester yarn consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of high-tenacity filament yarn of polyesters in the world?

China remains the largest high-tenacity filament polyester yarn producing country worldwide, comprising approx. 57% of total volume. Moreover, high-tenacity filament polyester yarn production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Indonesia ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of high-tenacity filament yarn of polyesters to Cuba?

In value terms, Spain constituted the largest supplier of high-tenacity filament polyester yarn to Cuba.

What is the average import price for high-tenacity filament yarn of polyesters in Cuba?

In 2020, the average high-tenacity filament polyester yarn import price amounted to $6,222 per ton, surging by 2.6% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament polyester yarn 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 20601260 - High-tenacity filament yarn of polyesters (excluding that put up for retail sale)

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