Report Update Nov 1, 2024

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

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Cuba: Marble And Travertine Market 2022

Marble And Travertine Market Size in Cuba

In 2021, after two years of decline, there was significant growth in the Cuban marble and travertine market, when its value increased by 21% to $X. In general, consumption recorded a perceptible increase. Marble and travertine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in Cuba

In value terms, marble and travertine production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2016 with an increase of 106%. Marble and travertine production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Marble And Travertine Exports

Exports from Cuba

Marble and travertine exports from Cuba expanded notably to X tons in 2021, rising by 5.3% against 2020 figures. Overall, exports, however, continue to indicate a precipitous descent. The growth pace was the most rapid in 2019 with an increase of 63%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, marble and travertine exports surged to $X in 2021. Over the period under review, exports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2019 with an increase of 155% against the previous year. Over the period under review, the exports hit record highs 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 exports from Cuba, accounting for a 96% share of total exports. Moreover, marble and travertine exports to China exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to -34.6%.

In value terms, China ($X) remains the key foreign market for marble and travertine exports from Cuba, comprising 99% of total exports. The second position in the ranking was taken by Italy ($X), with a 1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to -30.2%.

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble and travertine export price decreased by -9.3% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.7%).

Marble And Travertine Imports

Imports into Cuba

In 2021, imports of marble and travertine into Cuba soared to X tons, picking up by 409% against 2020 figures. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine imports surged to $X in 2021. Over the period under review, imports enjoyed significant growth. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of marble and travertine to Cuba, with a 73% share of total imports. Moreover, marble and travertine imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +33.5%.

In value terms, Italy ($X) and Spain ($X) appeared to be the largest marble and travertine suppliers to Cuba.

Italy, with a CAGR of +34.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, which is down by -9.4% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-2.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, Italy and the United States, together comprising 40% of global consumption. India, Pakistan, Russia, Indonesia, Romania, Mexico, Egypt, Turkey, Iran and France lagged somewhat behind, together comprising a further 27%.

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

The countries with the highest volumes of in 2021 were Italy, China and Turkey, with a combined 34% share of global production.

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

In value terms, Spain constituted the largest supplier of marble and travertine to Cuba, comprising 77% of total imports. The second position in the ranking was occupied by Italy, with a 22% share of total imports.

What are the leading importers of marble and travertine from Cuba?

In value terms, Italy remains the key foreign market for marble and travertine exports from Cuba.

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

The average marble and travertine export price stood at $373 per ton in 2021, picking up by 13% against the previous year.

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

In 2021, the average marble and travertine import price amounted to $644 per ton, with an increase of 5.9% against the previous year.

This report provides an in-depth analysis of the marble and travertine 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 08111133 - Marble and travertine, crude or roughly trimmed
Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

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