Report Update Nov 1, 2024

Cuba - Marble and Travertine Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Cuba

The Cuban marble and travertine blocks market fell to $X in 2021, declining by -11.7% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +15.5% against 2019 indices. Marble and travertine blocks consumption peaked at $X in 2020, and then dropped in the following year.

Production of Marble And Travertine Blocks And Slabs in Cuba

In value terms, marble and travertine blocks production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw resilient growth. The growth pace was the most rapid in 2016 when the production volume increased by 71%. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Exports of Marble And Travertine Blocks And Slabs

Exports from Cuba

In 2021, marble and travertine blocks exports from Cuba reduced to X tons, declining by -8.8% compared with 2020 figures. Over the period under review, exports recorded a precipitous decrease. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports dropped to $X in 2021. In general, exports saw a significant contraction. The smallest decline of -6.9% was in 2020. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for marble and travertine blocks exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled -36.6%.

In value terms, China ($X) also remains the key foreign market for marble and travertine blocks exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to China stood at -30.6%.

Export Prices by Country

In 2021, the average marble and travertine blocks export price amounted to $X per ton, surging by 2% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +9.4% per year.

Imports of Marble And Travertine Blocks And Slabs

Imports into Cuba

In 2021, approx. X tons of marble and travertine blocks and slabs were imported into Cuba; increasing by 19% against the previous year's figure. Over the period under review, imports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2017 when imports increased by 88% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, marble and travertine blocks imports skyrocketed to $X in 2021. In general, imports posted a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by 164%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons) and Italy (X tons) were the main suppliers of marble and travertine blocks imports to Cuba.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of -1.4%).

In value terms, Spain ($X) constituted the largest supplier of marble and travertine blocks to Cuba, comprising 77% of total imports. The second position in the ranking was taken by Italy ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +9.9%.

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the import price saw strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 44%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, 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 Spain ($X per ton), while the price for Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 49% share of global consumption. These countries were followed by India, Egypt, Japan, Pakistan and Russia, which together accounted for a further 15%.

What are the largest producers of marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were Turkey, Italy and the United States, together comprising 49% of global production.

What are the leading suppliers of marble and travertine blocks and slabs to Cuba?

In value terms, Spain constituted the largest supplier of marble and travertine blocks to Cuba, comprising 91% of total imports. The second position in the ranking was occupied by Italy, with a 9.2% share of total imports.

What is the average export price for marble and travertine blocks and slabs in Cuba?

In 2019, the average marble and travertine blocks export price amounted to $411 per ton, with an increase of 33% against the previous year.

What is the average import price for marble and travertine blocks and slabs in Cuba?

The average marble and travertine blocks import price stood at $1,415 per ton in 2021, with a decrease of -2.8% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine blocks 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 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs

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