Cuba: Market for Uncoated Mechanical Printing and Writing Papers 2024

Market Size for Uncoated Mechanical Printing and Writing Papers in Cuba

The Cuban market for uncoated mechanical printing and writing papers soared to $X in 2021, rising by 20% against the previous year. Over the period under review, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.8% against 2018 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Production of Uncoated Mechanical Printing and Writing Papers in Cuba

In value terms, production of uncoated mechanical printing and writing papers reduced sharply to $X in 2021 estimated in export price. In general, production, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2020 with an increase of 707%. As a result, production reached the peak level of $X, and then declined sharply in the following year.

Exports of Uncoated Mechanical Printing and Writing Papers

Exports from Cuba

In 2020, exports of uncoated mechanical printing and writing papers from Cuba shrank dramatically to X kg, which is down by -82.8% compared with 2019. In general, exports faced a dramatic setback. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, exports of uncoated mechanical printing and writing papers skyrocketed to $X in 2020. Over the period under review, exports saw a dramatic slump. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Jamaica (X kg) was the main destination for exports of uncoated mechanical printing and writing papers from Cuba, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Jamaica was relatively modest.

In value terms, Jamaica ($X) emerged as the key foreign market for uncoated mechanical printing and writing papers exports from Cuba.

From 2012 to 2020, the average annual growth rate of value to Jamaica was relatively modest.

Export Prices by Country

The average export price for uncoated mechanical printing and writing papers stood at $X per ton in 2020, with an increase of 666% against the previous year. In general, the export price, however, recorded a slight reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Uncoated Mechanical Printing and Writing Papers

Imports into Cuba

In 2021, the amount of uncoated mechanical printing and writing papers imported into Cuba skyrocketed to X tons, jumping by 103% on the year before. Over the period under review, imports, however, continue to indicate a pronounced decrease. The growth pace was the most rapid in 2018 when imports increased by 264%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of uncoated mechanical printing and writing papers soared to $X in 2021. In general, imports, however, recorded a slight reduction. The growth pace was the most rapid in 2018 with an increase of 524%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of uncoated mechanical printing and writing papers to Cuba, with a 50% share of total imports. Moreover, imports of uncoated mechanical printing and writing papers from Spain exceeded the figures recorded by the second-largest supplier, Panama (X tons), ninefold. Canada (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-2.1% per year) and Canada (+23.4% per year).

In value terms, Spain ($X) constituted the largest supplier of uncoated mechanical printing and writing papers to Cuba, comprising 46% of total imports. The second position in the ranking was held by Panama ($X), with a 5.1% share of total imports. It was followed by Canada, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-5.0% per year) and Canada (+8.7% per year).

Import Prices by Country

In 2021, the average import price for uncoated mechanical printing and writing papers amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 112%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 China ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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