Cuba - Safety Glass - Market Analysis, Forecast, Size, Trends and Insights
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Safety Glass Exports
Exports from Cuba
In 2022, exports of safety glass from Cuba shrank to X square meters, declining by -5.9% compared with the previous year. In general, exports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2013 when exports increased by 208% against the previous year. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, safety glass exports expanded significantly to $X in 2022. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2013 with an increase of 190%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Saint Vincent and the Grenadines (X square meters) was the main destination for safety glass exports from Cuba, with a 82% share of total exports. Moreover, safety glass exports to Saint Vincent and the Grenadines exceeded the volume sent to the second major destination, Peru (X square meters), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Saint Vincent and the Grenadines was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (0.0% per year) and Costa Rica (0.0% per year).
In value terms, Costa Rica ($X), Peru ($X) and Saint Vincent and the Grenadines ($X) constituted the largest markets for safety glass exported from Cuba worldwide.
Among the main countries of destination, Costa Rica, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average safety glass export price stood at $X per square meter in 2021, falling by -13.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2014 an increase of 23%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2020, and then shrank in the following year.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Costa Rica ($X per square meter), while the average price for exports to Saint Vincent and the Grenadines ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+68.7%).
Safety Glass Imports
Imports into Cuba
In 2022, after two years of decline, there was significant growth in overseas purchases of safety glass, when their volume increased by 188% to X square meters. In general, imports recorded a buoyant increase. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, safety glass imports skyrocketed to $X in 2022. Over the period under review, imports recorded a prominent expansion. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Imports by Country
In 2021, Spain (X square meters) constituted the largest safety glass supplier to Cuba, with a 31% share of total imports. Moreover, safety glass imports from Spain exceeded the figures recorded by the second-largest supplier, China (X square meters), fivefold. The third position in this ranking was held by Indonesia (X square meters), with a 2.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.6% per year) and Indonesia (+1.3% per year).
In value terms, Spain ($X) constituted the largest supplier of safety glass to Cuba, comprising 33% of total imports. The second position in the ranking was taken by France ($X), with a 6% share of total imports. It was followed by China, with a 3.9% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.5% per year) and China (-22.3% per year).
Import Prices by Country
The average safety glass import price stood at $X per square meter in 2021, reducing by -19.7% against the previous year. Over the period under review, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. The import price peaked at $X per square meter in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the safety glass 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 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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