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Report Cuba - Instruments and Apparatus for Measuring or Checking the Flow or Level of Liquids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Cuba - Instruments and Apparatus for Measuring or Checking the Flow or Level of Liquids - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Measuring Instrument Market 2022

Measuring Instrument Market Size in Cuba

The Cuban measuring instrument market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, recorded a abrupt shrinkage. Measuring instrument consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Measuring Instrument Exports

Exports from Cuba

After two years of decline, shipments abroad of instruments and apparatus for measuring or checking the flow or level of liquids increased by 73% to X units in 2021. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 3,664%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, measuring instrument exports reduced to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 80%. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Spain (X units) was the main destination for measuring instrument exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +10.3%.

In value terms, Spain ($X) also remains the key foreign market for measuring instrument exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

The average measuring instrument export price stood at $X per unit in 2021, declining by -49.5% against the previous year. Overall, the export price recorded a abrupt slump. The growth pace was the most rapid in 2014 an increase of 453% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 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 Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -9.0% per year.

Measuring Instrument Imports

Imports into Cuba

In 2021, overseas purchases of instruments and apparatus for measuring or checking the flow or level of liquids were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 94%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, measuring instrument imports rose markedly to $X in 2021. In general, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of measuring instrument to Cuba, with a 48% share of total imports. Moreover, measuring instrument imports from Russia exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. The third position in this ranking was held by Japan (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-22.9% per year) and Japan (+29.9% per year).

In value terms, Spain ($X) constituted the largest supplier of measuring instrument to Cuba, comprising 43% of total imports. The second position in the ranking was taken by Russia ($X), with a 16% share of total imports. It was followed by Canada, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+18.2% per year) and Canada (-6.7% per year).

Import Prices by Country

The average measuring instrument import price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of measuring instrument consumption in 2021 were Germany, South Africa and the United States, with a combined 44% share of global consumption. China, Japan, Russia, Brazil, the UK, the Czech Republic, France, Mexico, Hong Kong SAR and Poland lagged somewhat behind, together accounting for a further 36%.
The countries with the highest volumes of measuring instrument production in 2021 were Germany, China and Japan, with a combined 62% share of global production. France, Russia, Brazil, the UK, Switzerland, the United States, Mexico and Canada lagged somewhat behind, together accounting for a further 22%.
In value terms, Spain constituted the largest supplier of measuring instrument to Cuba, comprising 40% of total imports. The second position in the ranking was occupied by Russia, with a 15% share of total imports. It was followed by Canada, with an 11% share.
In value terms, Spain remains the key foreign market for measuring instrument exports from Cuba.
The average measuring instrument export price stood at $238 per unit in 2021, falling by -9.7% against the previous year.
The average measuring instrument import price stood at $149 per unit in 2021, declining by -5.6% against the previous year.

This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
  • Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
  • Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
  • Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids

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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Free Data: Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Cuba
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Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Cuba - Report