Cuba: Plastic Household Ware Market 2025

Plastic Household Ware Market Size in Cuba

In 2021, the Cuban plastic household ware market was finally on the rise to reach $X after five years of decline. In general, consumption, however, showed a noticeable setback. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Plastic Household Ware Exports

Exports from Cuba

In 2021, after two years of decline, there was significant growth in overseas shipments of plastics household articles and toilet articles, when their volume increased by 460% to X tons. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 590% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, plastic household ware exports surged to $X in 2021. Over the period under review, exports saw a noticeable increase. The growth pace was the most rapid in 2016 when exports increased by 1,135% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Angola (X kg), Spain (X kg) and Jamaica (X kg) were the main destinations of plastic household ware exports from Cuba, with a combined 70% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +47.5%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Angola ($X) and Panama ($X) constituted the largest markets for plastic household ware exported from Cuba worldwide, with a combined 88% share of total exports.

Among the main countries of destination, Angola, with a CAGR of +34.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic household ware export price amounted to $X per ton, dropping by -17.5% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Panama ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.3%), while the prices for the other major destinations experienced a decline.

Plastic Household Ware Imports

Imports into Cuba

After five years of decline, purchases abroad of plastics household articles and toilet articles increased by 112% to X tons in 2021. Over the period under review, imports, however, recorded a mild reduction. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, plastic household ware imports soared to $X in 2021. Overall, imports, however, recorded a perceptible decline. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Spain (X tons) and the Dominican Republic (X tons) were the main suppliers of plastic household ware imports to Cuba, with a combined 37% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +27.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware suppliers to Cuba were Italy ($X), Turkey ($X) and Spain ($X), together comprising 35% of total imports.

Spain, with a CAGR of +15.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2016 an increase of 11% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Gambia ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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