Report Update Nov 1, 2024

Cuba - Printers, Copying Machines and Facsimile Machines - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Cuba

In 2021, the Cuban printers and copying machines market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Cuba

In 2021, the amount of printers, copying machines and facsimile machines exported from Cuba rose modestly to X units, increasing by 3.7% compared with the previous year's figure. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 1,700%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, printers and copying machines exports fell slightly to $X in 2021. Overall, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 1,487% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X units) was the main destination for printers and copying machines exports from Cuba, with a 82% share of total exports. Moreover, printers and copying machines exports to Costa Rica exceeded the volume sent to the second major destination, Spain (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica totaled +41.7%.

In value terms, Spain ($X) remains the key foreign market for printers, copying machines and facsimile machines exports from Cuba, comprising 87% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +71.6%.

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2021, waning by -10.2% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 176% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to Costa Rica amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+16.8%).

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Cuba

In 2021, purchases abroad of printers, copying machines and facsimile machines decreased by -7.7% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of 108% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, printers and copying machines imports skyrocketed to $X in 2021. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 96% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X units), Canada (X units) and Spain (X units) were the main suppliers of printers and copying machines imports to Cuba, together accounting for 48% of total imports. Estonia, Mexico, Japan, Panama and China lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +130.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Cuba, comprising 23% of total imports. The second position in the ranking was held by Canada ($X), with a 9.7% share of total imports. It was followed by Japan, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-30.0% per year) and Japan (+0.4% per year).

Import Prices by Country

In 2021, the average printers and copying machines import price amounted to $X per unit, surging by 28% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 45%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for printers, copying machines and facsimile machines in the world?

The countries with the highest volumes of printers and copying machines consumption in 2020 were China, the United States and Indonesia, with a combined 47% share of global consumption. These countries were followed by Japan, Germany, the Netherlands, Mexico, Hong Kong SAR, South Korea, Vietnam, Singapore, Canada and Thailand, which together accounted for a further 26%.

What are the largest producers of printers, copying machines and facsimile machines in the world?

China constituted the country with the largest volume of printers and copying machines production, accounting for 46% of total volume. Moreover, printers and copying machines production in China exceeded the figures recorded by the second-largest producer, the Philippines, fourfold. Indonesia ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of printers, copying machines and facsimile machines to Cuba?

In value terms, China constituted the largest supplier of printers and copying machines to Cuba, comprising 61% of total imports. The second position in the ranking was occupied by Indonesia, with a 10% share of total imports. It was followed by Vietnam, with a 7.3% share.

What are the leading importers of printers, copying machines and facsimile machines from Cuba?

In value terms, Serbia remains the key foreign market for printers and copying machines exports from Cuba.

What is the average export price for printers, copying machines and facsimile machines in Cuba?

The average printers and copying machines export price stood at $26 per unit in 2020, which is down by -31.1% against the previous year.

What is the average import price for printers, copying machines and facsimile machines in Cuba?

In 2020, the average printers and copying machines import price amounted to $189 per unit, waning by -17.6% against the previous year.

This report provides an in-depth analysis of the market for printers and copying machines 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 26201640 - Printers, copying machines and facsimile machines, capable of connecting to an automatic data processing machine or to a network (excluding printing machinery used for printing by means of plates, cylinders and other components, and

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