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Report Cuba - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Cuba - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in Cuba

In 2021, after three years of decline, there was significant growth in the Cuban polypropylene in primary forms market, when its value increased by 25% to $X. Over the period under review, consumption showed a slight shrinkage. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Exports of Polypropylene in Primary Forms

Exports from Cuba

Polypropylene in primary forms exports from Cuba shrank rapidly to X tons in 2021, dropping by -31.8% against 2020 figures. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,669% against the previous year. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, polypropylene in primary forms exports stood at $X in 2021. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 410%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for polypropylene in primary forms exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malaysia amounted to +5.6%.

In value terms, Malaysia ($X) also remains the key foreign market for polypropylene in primary forms exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +8.0%.

Export Prices by Country

In 2021, the average polypropylene in primary forms export price amounted to $X per ton, picking up by 47% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +2.3% per year.

Imports of Polypropylene in Primary Forms

Imports into Cuba

In 2021, the amount of polypropylene in primary forms imported into Cuba declined to X tons, with a decrease of -3.9% compared with 2020 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 184%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, polypropylene in primary forms imports soared to $X in 2021. Overall, imports showed a noticeable setback. The pace of growth was the most pronounced in 2017 when imports increased by 228%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Mexico (X tons) and Spain (X tons) were the main suppliers of polypropylene in primary forms imports to Cuba, with a combined 79% share of total imports. These countries were followed by Colombia, India, Ecuador and China, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ecuador (with a CAGR of +67.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Spain ($X) and Mexico ($X) appeared to be the largest polypropylene in primary forms suppliers to Cuba, with a combined 78% share of total imports.

Among the main suppliers, Saudi Arabia, with a CAGR of +54.8%, saw the highest rates of growth with regard to 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

In 2021, the average polypropylene in primary forms import price amounted to $X per ton, picking up by 43% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of polypropylene in primary forms consumption, accounting for 23% of total volume. Moreover, polypropylene in primary forms consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.
The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 38% share of global production. These countries were followed by Saudi Arabia, Brazil, South Korea, Japan, Russia, Thailand, Belgium, Germany, Iran and the United Arab Emirates, which together accounted for a further 34%.
In value terms, Colombia constituted the largest supplier of polypropylene in primary forms to Cuba, comprising 59% of total imports. The second position in the ranking was occupied by Spain, with a 27% share of total imports. It was followed by India, with a 5.5% share.
In value terms, Malaysia remains the key foreign market for polypropylene in primary forms exports from Cuba.
The average polypropylene in primary forms export price stood at $1,435 per ton in 2021, with an increase of 6.3% against the previous year.
The average polypropylene in primary forms import price stood at $1,426 per ton in 2021, jumping by 18% against the previous year.

This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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