Cuba: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Cuba

For the third year in a row, the Cuban market for prefabricated buildings of plastics, concrete or aluminium recorded decline in sales value, which decreased by -28.7% to $X in 2021. Over the period under review, consumption showed a slight contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Cuba

For the seventh year in a row, Cuba recorded decline in shipments abroad of prefabricated buildings of plastics, concrete or aluminium, which decreased by -11.9% to X tons in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 228% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Overall, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2014 when exports increased by 203% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Cuba.

From 2012 to 2017, the biggest increases were recorded for Russia (with a CAGR of 0.0%).

In value terms, Russia ($X) and Democratic Republic of the Congo ($X) appeared to be the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from Cuba worldwide.

In terms of the main countries of destination, Russia, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2017, with an increase of 36% against the previous year. Over the period under review, the export price, however, saw a mild curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2017, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2017, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Niger (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Cuba

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Cuba shrank dramatically to X tons, falling by -18% on 2020 figures. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 35%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium contracted sharply to $X in 2021. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 59%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Brazil (X tons) and Italy (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Cuba.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +51.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and Spain ($X) constituted the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Cuba, with a combined 80% share of total imports. Canada, Italy, Russia and the Netherlands lagged somewhat behind, together accounting for a further 65%.

Among the main suppliers, the Netherlands, with a CAGR of +43.9%, saw the highest growth rate of 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 import price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, falling by -16.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+264.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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