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Report Cuba - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Cuba - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Cuba

For the fourth consecutive year, the Cuban fats preparation machinery market recorded growth in sales value, which increased by 35% to $X in 2021. Over the period under review, consumption saw a significant expansion. Fats preparation machinery consumption peaked in 2021 and is expected to retain growth in the near future.

Fats Preparation Machinery Imports

Imports into Cuba

Fats preparation machinery imports into Cuba soared to X units in 2021, increasing by 43% compared with the previous year's figure. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of 862%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, fats preparation machinery imports skyrocketed to $X in 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 703%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Spain (X units) constituted the largest fats preparation machinery supplier to Cuba, accounting for a 76% share of total imports. Moreover, fats preparation machinery imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +97.6%.

In value terms, Italy ($X) constituted the largest supplier of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Cuba, comprising 71% of total imports. The second position in the ranking was taken by Spain ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +42.1%.

Import Prices by Country

In 2021, the average fats preparation machinery import price amounted to $X per unit, reducing by -9.7% against the previous year. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 25% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Spain stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Indonesia and the United States, together comprising 40% of global consumption. India, Italy, Japan, Germany, Pakistan, Brazil, France, Morocco, the UK and Mexico lagged somewhat behind, together comprising a further 33%.
China constituted the country with the largest volume of fats preparation machinery production, comprising approx. 22% of total volume. Moreover, fats preparation machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.
In value terms, Italy constituted the largest supplier of fats preparation machinery to Cuba.
The average fats preparation machinery import price stood at $3,845 per unit in 2021, declining by -35.6% against the previous year.

This report provides an in-depth analysis of the fats preparation machinery 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 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

  12. 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

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Free Data: Machinery For The Extraction Or Preparation Of Animal Or Fixed Vegetable Fats Or Oils - Cuba
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