Report Update Nov 1, 2024

Cuba - Parts for Electric Filament or Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Parts For Electric Filament Or Discharge Lamps 2024

Market Size for Parts For Electric Filament Or Discharge Lamps in Cuba

In 2021, the Cuban electric filament lamp parts market increased by 399% to $X, rising for the seventh year in a row after two years of decline. In general, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Parts For Electric Filament Or Discharge Lamps

Exports from Cuba

In 2019, exports of parts for electric filament or discharge lamps from Cuba totaled X kg, approximately reflecting the previous year's figure. Over the period under review, exports showed a pronounced downturn. The smallest decline of 99.9% was in 2014. The exports peaked at X kg in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

In value terms, electric filament lamp parts exports stood at $X in 2019. In general, exports continue to indicate a strong increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Italy (X kg) was the main destination for electric filament lamp parts exports from Cuba, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Italy was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

The average electric filament lamp parts export price stood at $X per ton in 2019, stabilizing at the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure in 2019 and is likely to continue growth in years to come.

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

From 2013 to 2019, the rate of growth in terms of prices for Italy amounted to 0.0% per year.

Imports of Parts For Electric Filament Or Discharge Lamps

Imports into Cuba

For the fifth consecutive year, Cuba recorded growth in supplies from abroad of parts for electric filament or discharge lamps, which increased by 382% to X tons in 2021. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric filament lamp parts imports skyrocketed to $X in 2021. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) was the main supplier of electric filament lamp parts to Cuba, with a 95% share of total imports. It was followed by China (X tons), with a 3.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +57.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.5% per year) and Panama (+35.2% per year).

In value terms, Spain ($X) constituted the largest supplier of electric filament lamp parts to Cuba, comprising 89% of total imports. The second position in the ranking was taken by Panama ($X), with a 7.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+57.0% per year) and China (-5.1% per year).

Import Prices by Country

The average electric filament lamp parts import price stood at $X per ton in 2021, increasing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2016 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+16.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parts for electric filament or discharge lamps in the world?

The countries with the highest volumes of in 2021 were India, Pakistan and the United States, together comprising 41% of global consumption.

What are the largest producers of parts for electric filament or discharge lamps in the world?

China remains the largest electric filament lamp parts producing country worldwide, comprising approx. 75% of total volume. Moreover, electric filament lamp parts production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. Japan ranked third in terms of total production with a 2.5% share.

What are the leading suppliers of parts for electric filament or discharge lamps to Cuba?

In value terms, Spain constituted the largest supplier of electric filament lamp parts to Cuba, comprising 67% of total imports. The second position in the ranking was occupied by Panama, with a 12% share of total imports.

What is the average export price for parts for electric filament or discharge lamps in Cuba?

The average electric filament lamp parts export price stood at $45,864 per ton in 2019, leveling off at the previous year.

What is the average import price for parts for electric filament or discharge lamps in Cuba?

The average electric filament lamp parts import price stood at $18,415 per ton in 2021, growing by 6.1% against the previous year.

This report provides an in-depth analysis of the market for electric filament lamp parts 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 27404100 - Parts for electric filament or discharge lamps (including sealed beam lamp units, ultraviolet or infrared lamps, arc lamps)

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