Report Update Nov 1, 2024

Cuba - Pickling Preparations for Metal Surfaces - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Cuba

In 2021, after two years of decline, there was significant growth in the Cuban metal pickling preparations market, when its value increased by 409% to $X. Over the period under review, consumption recorded a prominent expansion. Metal pickling preparations consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Metal Pickling Preparations Exports

Exports from Cuba

In 2018, shipments abroad of pickling preparations for metal surfaces decreased by 0% to X kg for the first time since 2015, thus ending a two-year declining trend. Over the period under review, exports recorded a dramatic curtailment. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum at X kg in 2015; however, from 2016 to 2018, the exports failed to regain momentum.

In value terms, metal pickling preparations exports stood at $X in 2018. In general, exports recorded a precipitous decrease. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2018, the exports failed to regain momentum.

Exports by Country

Hungary (X kg) was the main destination for metal pickling preparations exports from Cuba, accounting for a approx. 100% share of total exports.

From 2015 to 2018, the average annual growth rate of volume to Hungary was relatively modest.

From 2015 to 2018, the average annual growth rate of value to Hungary was relatively modest.

Export Prices by Country

The average metal pickling preparations export price stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the export price showed a deep slump. 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 at $X per ton in 2015; however, from 2016 to 2018, the export prices remained at a lower figure.

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

From 2015 to 2018, the rate of growth in terms of prices for Montenegro amounted to 0.0% per year.

Metal Pickling Preparations Imports

Imports into Cuba

In 2021, purchases abroad of pickling preparations for metal surfaces was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a slight decrease. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, metal pickling preparations imports skyrocketed to $X in 2021. Overall, imports continue to indicate buoyant growth. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Mexico (X tons) and China (X tons) were the main suppliers of metal pickling preparations imports to Cuba, together comprising 58% of total imports. These countries were followed by Panama, Germany, Brazil and Belgium, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +54.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of pickling preparations for metal surfaces to Cuba, comprising 36% of total imports. The second position in the ranking was taken by Mexico ($X), with a 9.7% share of total imports. It was followed by Panama, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +22.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+12.8% per year) and Panama (+29.1% per year).

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, surging by 17% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 51%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pickling preparations for metal surfaces in the world?

The countries with the highest volumes of metal pickling preparations consumption in 2020 were China, the United States and India, together comprising 45% of global consumption. These countries were followed by Japan, Turkey, Brazil, Germany, Mexico, France, the Netherlands, Vietnam, Canada and South Korea, which together accounted for a further 30%.

What are the largest producers of pickling preparations for metal surfaces in the world?

China remains the largest metal pickling preparations producing country worldwide, accounting for 27% of total volume. Moreover, metal pickling preparations production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the leading suppliers of pickling preparations for metal surfaces to Cuba?

In value terms, Spain, China and Mexico appeared to be the largest metal pickling preparations suppliers to Cuba, with a combined 80% share of total imports.

What is the average export price for pickling preparations for metal surfaces in Cuba?

In 2018, the average metal pickling preparations export price amounted to $11,333 per ton, almost unchanged from the previous year.

What is the average import price for pickling preparations for metal surfaces in Cuba?

The average metal pickling preparations import price stood at $2,935 per ton in 2020, declining by -23.8% against the previous year.

This report provides an in-depth analysis of the metal pickling preparations 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 20595620 - Pickling preparations for metal surfaces

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