Report Update Nov 1, 2024

Cuba - Ketones and Quinones - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Cuba

The Cuban ketone and quinone market soared to $X in 2021, picking up by 17% 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). In general, consumption, however, faced a abrupt contraction. Ketone and quinone consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Ketone And Quinone Exports

Exports from Cuba

Ketone and quinone exports from Cuba stood at X kg in 2015, leveling off at the previous year's figure. In general, exports saw a sharp decrease. The smallest decline of 99.9% was in 2014. The exports peaked at X kg in 2013; however, from 2014 to 2015, the exports stood at a somewhat lower figure.

In value terms, ketone and quinone exports totaled $X in 2015. Over the period under review, exports recorded a sharp setback. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2015, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for ketone and quinone exports from Cuba, with a approx. 100% share of total exports.

From 2013 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2013 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average ketone and quinone export price amounted to $X per ton, remaining stable against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2015, the export prices failed to regain momentum.

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

From 2013 to 2015, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Ketone And Quinone Imports

Imports into Cuba

In 2021, approx. X tons of ketones and quinones were imported into Cuba; with an increase of 4.9% compared with the previous year. Over the period under review, imports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 396% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, ketone and quinone imports surged to $X in 2021. In general, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 358%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mexico (X tons) was the main ketone and quinone supplier to Cuba, with a 91% share of total imports. It was followed by the Netherlands (X tons), with a 1.9% share of total imports. The third position in this ranking was taken by Costa Rica (X tons), with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico totaled +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-42.4% per year) and Costa Rica (-15.3% per year).

In value terms, Mexico ($X) constituted the largest supplier of ketones and quinones to Cuba, comprising 71% of total imports. The second position in the ranking was taken by Costa Rica ($X), with a 6.8% share of total imports. It was followed by China, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from Mexico totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (-8.8% per year) and China (-32.7% per year).

Import Prices by Country

In 2021, the average ketone and quinone import price amounted to $X per ton, increasing by 46% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 111%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.3%), 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 ketones and quinones in the world?

The countries with the highest volumes of ketone and quinone consumption in 2020 were China, the United States and Spain, together accounting for 35% of global consumption. India, Taiwan Chinese), Russia, Japan, Italy, Germany, Mexico, the UK, France and South Korea lagged somewhat behind, together comprising a further 38%.

What are the largest producers of ketones and quinones in the world?

The countries with the highest volumes of ketone and quinone production in 2020 were the United States, Japan and Spain, with a combined 29% share of global production. These countries were followed by Taiwan Chinese), Saudi Arabia, Russia, China, South Korea, South Africa, Thailand, India and Singapore, which together accounted for a further 51%.

What are the leading suppliers of ketones and quinones to Cuba?

In value terms, Mexico constituted the largest supplier of ketone and quinone to Cuba, comprising 58% of total imports. The second position in the ranking was occupied by Spain, with an 11% share of total imports. It was followed by Italy, with a 10% share.

What is the average export price for ketones and quinones in Cuba?

The average ketone and quinone export price stood at $1,020 per ton in 2013, flattening at the previous year.

What is the average import price for ketones and quinones in Cuba?

In 2020, the average ketone and quinone import price amounted to $2,057 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the ketone and quinone 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 20146211 - Acetone
Prodcom 20146213 - Butanone (methyl ethyl ketone)
Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
Prodcom 20146235 - Ionones and methylionones
Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
Prodcom 20146260 - Quinones
Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones

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