Report Update Nov 1, 2024

Cuba - Naphthalene and Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Cuba

The Cuban aromatic hydrocarbon mixtures market dropped slightly to $X in 2021, reducing by -3.7% against the previous year. Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% 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 +2.6% against 2019 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell modestly in the following year.

Aromatic Hydrocarbon Mixtures Production in Cuba

In value terms, aromatic hydrocarbon mixtures production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 41%. Over the period under review, production reached the peak level at $X in 2020, and then fell modestly in the following year.

Aromatic Hydrocarbon Mixtures Exports

Exports from Cuba

Aromatic hydrocarbon mixtures exports from Cuba was estimated at X tons in 2021, remaining relatively unchanged against 2020 figures. Overall, exports continue to indicate a abrupt slump. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures exports totaled $X in 2021. In general, exports saw a abrupt decline. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for aromatic hydrocarbon mixtures exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2021, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

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 the Netherlands amounted to -7.3% per year.

Aromatic Hydrocarbon Mixtures Imports

Imports into Cuba

In 2021, the amount of naphthalene and other aromatic hydrocarbon mixtures imported into Cuba declined dramatically to X tons, with a decrease of -30.3% on the previous year's figure. In general, imports, however, recorded a moderate expansion. The growth pace was the most rapid in 2017 with an increase of 263% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures imports surged to $X in 2021. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 193% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Canada (X tons) constituted the largest aromatic hydrocarbon mixtures supplier to Cuba, with a 71% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from Canada exceeded the figures recorded by the second-largest supplier, Spain (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Canada totaled +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+56.2% per year) and the Netherlands (-50.2% per year).

In value terms, Spain ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Cuba, comprising 68% of total imports. The second position in the ranking was taken by Canada ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-2.7% per year) and the Netherlands (-40.4% per year).

Import Prices by Country

The average aromatic hydrocarbon mixtures import price stood at $X per ton in 2021, rising by 109% against the previous year. In general, the import price recorded notable growth. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 ($X per ton), while the price for Canada ($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 (+19.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for naphthalene and other aromatic hydrocarbon mixtures in the world?

The countries with the highest volumes of in 2021 were China, Angola and Belgium, with a combined 53% share of global consumption.

What are the largest producers of naphthalene and other aromatic hydrocarbon mixtures in the world?

The country with the largest volume of aromatic hydrocarbon mixtures production was Angola, comprising approx. 28% of total volume. Moreover, aromatic hydrocarbon mixtures production in Angola exceeded the figures recorded by the second-largest producer, Malaysia, fourfold. The Netherlands ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of naphthalene and other aromatic hydrocarbon mixtures to Cuba?

In value terms, China constituted the largest supplier of aromatic hydrocarbon mixtures to Cuba, comprising 71% of total imports. The second position in the ranking was occupied by Canada $525), with a 17% share of total imports.

What is the average export price for naphthalene and other aromatic hydrocarbon mixtures in Cuba?

The average aromatic hydrocarbon mixtures export price stood at $499 per ton in 2015, approximately mirroring the previous year.

What is the average import price for naphthalene and other aromatic hydrocarbon mixtures in Cuba?

In 2021, the average aromatic hydrocarbon mixtures import price amounted to $495 per ton, which is down by -34.7% against the previous year.

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

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