Report Update Feb 1, 2025

Cuba - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Men Knitwear Market 2025

Men Knitwear Market Size in Cuba

The Cuban men knitwear market was estimated at $X in 2021, growing by 12% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Men Knitwear Production in Cuba

In value terms, men knitwear production surged to $X in 2021 estimated in export price. In general, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 79%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Men Knitwear Exports

Exports from Cuba

In 2021, shipments abroad of men's or boys' clothing (knitted or crocheted) increased by 25% to X units, rising for the fourth year in a row after five years of decline. Over the period under review, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 1,031% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, men knitwear exports amounted to $X in 2021. Overall, exports enjoyed noticeable growth. The pace of growth was the most pronounced in 2018 with an increase of 1,255%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Panama (X units) was the main destination for men knitwear exports from Cuba, accounting for a 82% share of total exports. Moreover, men knitwear exports to Panama exceeded the volume sent to the second major destination, Spain (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Panama stood at -3.4%.

In value terms, Panama ($X) remains the key foreign market for men knitwear exports from Cuba, comprising 77% of total exports. The second position in the ranking was taken by Spain ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Panama stood at +1.4%.

Export Prices by Country

The average men knitwear export price stood at $X per unit in 2021, waning by -19.5% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to Panama totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports

Imports into Cuba

In 2021, supplies from abroad of men's or boys' clothing (knitted or crocheted) increased by 692% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, faced a abrupt setback. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, men knitwear imports skyrocketed to $X in 2021. Overall, imports, however, recorded a drastic downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Myanmar (X units), Peru (X units) and Spain (X units) were the main suppliers of men knitwear imports to Cuba, together accounting for 86% of total imports. These countries were followed by Panama, China, Germany and Mexico, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +10.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest men knitwear suppliers to Cuba were Spain ($X), Panama ($X) and Myanmar ($X), with a combined 66% share of total imports.

Among the main suppliers, Spain, with a CAGR of +6.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average men knitwear import price stood at $X per unit in 2021, with a decrease of -22.4% against the previous year. In general, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by 75%. As a result, import price reached the peak level of $X per unit, and then reduced notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+11.8%), 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 men's or boys' clothing (knitted or crocheted) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 42% of global consumption.

What are the largest producers of men's or boys' clothing (knitted or crocheted) in the world?

The country with the largest volume of men knitwear production was China, comprising approx. 33% of total volume. Moreover, men knitwear production in China exceeded the figures recorded by the second-largest producer, Bangladesh, fourfold. The third position in this ranking was occupied by Pakistan, with a 5.5% share.

What are the leading suppliers of men's or boys' clothing (knitted or crocheted) to Cuba?

In value terms, Panama constituted the largest supplier of men knitwear to Cuba, comprising 56% of total imports. The second position in the ranking was occupied by Spain, with a 23% share of total imports. It was followed by Peru, with a 5.6% share.

What are the leading importers of men's or boys' clothing (knitted or crocheted) from Cuba?

In value terms, Panama remains the key foreign market for men knitwear exports from Cuba, comprising 95% of total exports. The second position in the ranking was occupied by Spain $100), with a 4.4% share of total exports.

What is the average export price for men's or boys' clothing (knitted or crocheted) in Cuba?

In 2021, the average men knitwear export price amounted to $13 per unit, growing by 5.2% against the previous year.

What is the average import price for men's or boys' clothing (knitted or crocheted) in Cuba?

The average men knitwear import price stood at $6.1 per unit in 2021, waning by -26.7% against the previous year.

This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
Prodcom 14131120 - Men
Prodcom 14131230 - Men
Prodcom 14131260 - Men
Prodcom 14131270 - Men

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024