Report Update Nov 1, 2024

Cuba - Iron or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Metal Self-Tapping Screw Market 2024

Metal Self-Tapping Screw Market Size in Cuba

The Cuban metal self-tapping screw market fell remarkably to $X in 2021, dropping by -32.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a pronounced contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Metal Self-Tapping Screw Exports

Exports from Cuba

Metal self-tapping screw exports from Cuba was estimated at X kg in 2021, leveling off at 2020. Over the period under review, exports saw a dramatic curtailment. The smallest decline of -4.2% was in 2016. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal self-tapping screw exports amounted to $X in 2021. In general, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2013 when exports increased by 9.9% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Serbia (X kg) was the main destination for metal self-tapping screw 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 Serbia was relatively modest.

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

Export Prices by Country

The average metal self-tapping screw export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2021, the rate of growth in terms of prices for Rwanda amounted to 0.0% per year.

Metal Self-Tapping Screw Imports

Imports into Cuba

In 2021, approx. X tons of iron or steel self-tapping screws were imported into Cuba; shrinking by -50% against 2020. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 112% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, metal self-tapping screw imports shrank dramatically to $X in 2021. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 116%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest metal self-tapping screw supplier to Cuba, accounting for a 72% share of total imports. Moreover, metal self-tapping screw imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by Italy (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.3% per year) and Italy (+18.0% per year).

In value terms, Spain ($X) constituted the largest supplier of metal self-tapping screw to Cuba, comprising 57% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.6% per year) and Italy (+27.7% per year).

Import Prices by Country

In 2021, the average metal self-tapping screw import price amounted to $X per ton, jumping by 65% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.7%), 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 iron or steel self-tapping screws in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 48% of global consumption. These countries were followed by Russia, Japan, Indonesia, Germany, Canada, the UK, South Korea, the Philippines, Spain and Thailand, which together accounted for a further 30%.

What are the largest producers of iron or steel self-tapping screws in the world?

China constituted the country with the largest volume of metal self-tapping screw production, comprising approx. 45% of total volume. Moreover, metal self-tapping screw production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. India ranked third in terms of total production with an 8.4% share.

What are the leading suppliers of iron or steel self-tapping screws to Cuba?

In value terms, Spain constituted the largest supplier of metal self-tapping screw to Cuba, comprising 57% of total imports. The second position in the ranking was occupied by China, with a 14% share of total imports. It was followed by Italy, with a 13% share.

What is the average export price for iron or steel self-tapping screws in Cuba?

The average metal self-tapping screw export price stood at $4,500 per ton in 2021, approximately mirroring the previous year.

What is the average import price for iron or steel self-tapping screws in Cuba?

The average metal self-tapping screw import price stood at $5,427 per ton in 2021, increasing by 43% against the previous year.

This report provides an in-depth analysis of the metal self-tapping screw 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)

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