Cuba: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Cuba

The Cuban market for plastics bidets, lavatory pans and flushing cisterns expanded to $X in 2021, surging by 4.4% against the previous year. In general, consumption continues to indicate a prominent expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Cuba

In value terms, production of plastics bidets, lavatory pans and flushing cisterns expanded to $X in 2021 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 84%. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports from Cuba

Exports of plastics bidets, lavatory pans and flushing cisterns from Cuba surged to X units in 2018, jumping by 19% on the previous year. Overall, exports recorded significant growth. The growth pace was the most rapid in 2016 when exports increased by 198%. As a result, the exports reached the peak of X units. From 2017 to 2018, the growth of the exports of failed to regain momentum.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns skyrocketed to $X in 2018. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 98% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2018, the growth of the exports of failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for exports of plastics bidets, lavatory pans and flushing cisterns from Cuba, accounting for a 82% share of total exports. Moreover, exports of plastics bidets, lavatory pans and flushing cisterns to Spain exceeded the volume sent to the second major destination, Singapore (X units), fivefold.

From 2013 to 2018, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Singapore ($X) and Spain ($X) constituted the largest markets for plastics bidets, lavatory pans and flushing cisterns exported from Cuba worldwide.

Among the main countries of destination, Spain, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2018, approximately mirroring the previous year. In general, the export price, however, saw a deep slump. The export price peaked at $X per unit in 2015; however, from 2016 to 2018, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2018, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports into Cuba

In 2021, after four years of decline, there was significant growth in purchases abroad of plastics bidets, lavatory pans and flushing cisterns, when their volume increased by 133% to X units. Over the period under review, imports, however, faced a abrupt contraction. Over the period under review, imports of attained the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns soared to $X in 2021. In general, imports, however, recorded a abrupt contraction. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest supplier of plastics bidets, lavatory pans and flushing cisterns to Cuba, with a 38% share of total imports. Moreover, imports of plastics bidets, lavatory pans and flushing cisterns from Spain exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. Panama (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-35.6% per year) and Panama (-1.6% per year).

In value terms, Spain ($X) constituted the largest supplier of plastics bidets, lavatory pans and flushing cisterns to Cuba, comprising 31% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total imports. It was followed by Italy, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+51.0% per year) and Italy (+12.4% per year).

Import Prices by Country

The average import price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, picking up by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2020 an increase of 33%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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