Cuba: Office Supply Market 2025

Office Supply Market Size in Cuba

The Cuban office supply market skyrocketed to $X in 2021, jumping by 49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Office Supply Exports

Exports from Cuba

In 2021, shipments abroad of office or school supplies of plastics decreased by -10% to X kg, falling for the sixth year in a row after two years of growth. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 326% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, office supply exports shrank significantly to $X in 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 257%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for office supply 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 Singapore amounted to -13.1%.

In value terms, Singapore ($X) also remains the key foreign market for office supply exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled -10.7%.

Export Prices by Country

The average office supply export price stood at $X per ton in 2021, which is down by -32% against the previous year. Overall, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 342% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to +2.9% per year.

Office Supply Imports

Imports into Cuba

In 2021, approx. X tons of office or school supplies of plastics were imported into Cuba; growing by 48% compared with the year before. In general, imports saw a slight expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 60%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, office supply imports surged to $X in 2021. Over the period under review, imports saw a notable increase. The pace of growth was the most pronounced in 2013 when imports increased by 66% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of office supply to Cuba, accounting for a 57% share of total imports. Moreover, office supply imports from China exceeded the figures recorded by the second-largest supplier, Panama (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-1.0% per year) and Spain (+5.8% per year).

In value terms, China ($X) constituted the largest supplier of office supply to Cuba, comprising 56% of total imports. The second position in the ranking was taken by Panama ($X), with a 23% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-0.5% per year) and Spain (+2.6% per year).

Import Prices by Country

In 2021, the average office supply import price amounted to $X per ton, remaining constant against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2015 when the average import price increased by 18%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average 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 Mexico ($X per ton), while the price for Panama ($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 Dominican Republic (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :