Report Update Nov 1, 2024

Cuba - Pumps for Dispensing Liquids - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Cuba

The Cuban liquid dispensing pump market skyrocketed to $X in 2021, rising by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Liquid Dispensing Pump Exports

Exports from Cuba

In 2021, liquid dispensing pump exports from Cuba amounted to X units, almost unchanged from 2020 figures. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 140% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, liquid dispensing pump exports shrank to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -19.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 66%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for liquid dispensing pump exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +8.0%.

In value terms, Spain ($X) also remains the key foreign market for pumps for dispensing liquids exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +13.6%.

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, with a decrease of -10.5% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 76% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then shrank in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +6.1% per year.

Liquid Dispensing Pump Imports

Imports into Cuba

In 2021, the amount of pumps for dispensing liquids imported into Cuba soared to X units, increasing by 24% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 582% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, liquid dispensing pump imports soared to $X in 2021. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 546% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Panama (X units) constituted the largest liquid dispensing pump supplier to Cuba, with a 40% share of total imports. Moreover, liquid dispensing pump imports from Panama exceeded the figures recorded by the second-largest supplier, Israel (X units), threefold. The third position in this ranking was taken by Spain (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Panama amounted to +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+34.5% per year) and Spain (-26.7% per year).

In value terms, Spain ($X) constituted the largest supplier of pumps for dispensing liquids to Cuba, comprising 35% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports. It was followed by Panama, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+3.7% per year) and Panama (+15.3% per year).

Import Prices by Country

The average liquid dispensing pump import price stood at $X per unit in 2021, jumping by 28% against the previous year. Overall, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in 2020 an increase of 46% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 Canada ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.1%), 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 pumps for dispensing liquids in the world?

The countries with the highest volumes of liquid dispensing pump consumption in 2020 were the United States, China and Canada, together accounting for 42% of global consumption. These countries were followed by the UK, Japan, India, France, Bangladesh, Russia, Indonesia, Germany and Mexico, which together accounted for a further 29%.

What are the largest producers of pumps for dispensing liquids in the world?

The countries with the highest volumes of liquid dispensing pump production in 2020 were China, the UK and India, with a combined 50% share of global production. Mexico, Japan, Russia, Germany, France, Poland, Spain, Italy, Taiwan Chinese) and Turkey lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of pumps for dispensing liquids to Cuba?

In value terms, Spain constituted the largest supplier of liquid dispensing pump to Cuba, comprising 55% of total imports. The second position in the ranking was occupied by the Netherlands, with a 19% share of total imports. It was followed by Germany, with an 8.9% share.

What are the leading importers of pumps for dispensing liquids from Cuba?

In value terms, Spain remains the key foreign market for liquid dispensing pump exports from Cuba.

What is the average export price for pumps for dispensing liquids in Cuba?

In 2020, the average liquid dispensing pump export price amounted to $1,228 per unit, picking up by 43% against the previous year.

What is the average import price for pumps for dispensing liquids in Cuba?

In 2020, the average liquid dispensing pump import price amounted to $135 per unit, growing by 135% against the previous year.

This report provides an in-depth analysis of the liquid dispensing pump market 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 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)

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