Cuba: Market for Organic Surface Active Agents And Washing Preparations 2024

Market Size for Organic Surface Active Agents And Washing Preparations in Cuba

The Cuban market for organic surface active agents and washing preparations soared to $X in 2021, with an increase of 17% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.1% against 2017 indices. Consumption of peaked in 2021 and is likely to see steady growth in years to come.

Production of Organic Surface Active Agents And Washing Preparations in Cuba

In value terms, production of organic surface active agents and washing preparations fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 99%. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

Exports of Organic Surface Active Agents And Washing Preparations

Exports from Cuba

In 2021, the amount of organic surface active agents and washing preparations exported from Cuba declined sharply to X tons, with a decrease of -71.1% against the year before. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 286% against the previous year. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, exports of organic surface active agents and washing preparations declined notably to $X in 2021. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 331%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for exports of organic surface active agents and washing preparations from Cuba, accounting for a approx. 67% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at -12.2%.

In value terms, Spain ($X) also remains the key foreign market for organic surface active agents and washing preparations exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled -14.5%.

Export Prices by Country

In 2021, the average export price for organic surface active agents and washing preparations amounted to $X per ton, with a decrease of -18.4% against the previous year. Over the period under review, the export price saw a noticeable slump. The growth pace was the most rapid in 2013 when the average export price increased by 87%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +102.9% per year.

Imports of Organic Surface Active Agents And Washing Preparations

Imports into Cuba

Imports of organic surface active agents and washing preparations into Cuba skyrocketed to X tons in 2021, jumping by 43% against 2020 figures. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 47% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of organic surface active agents and washing preparations soared to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 56%. Over the period under review, imports of hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

China (X tons), El Salvador (X tons) and Guatemala (X tons) were the main suppliers of imports of organic surface active agents and washing preparations to Cuba, with a combined 67% share of total imports. These countries were followed by Mexico, Italy, Spain and Colombia, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +49.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), El Salvador ($X) and Spain ($X) were the largest organic surface active agent and washing preparation suppliers to Cuba, together comprising 47% of total imports. Mexico, Guatemala, Italy and Colombia lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, Colombia, with a CAGR of +37.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for organic surface active agents and washing preparations stood at $X per ton in 2021, dropping by -6.1% against the previous year. Overall, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 5.9% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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