Cuba: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Cuba

The Cuban market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank to $X in 2020, waning by -X% 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). Over the period under review, consumption showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Cuba

In 2020, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Cuba totaled X square meters, remaining relatively unchanged against the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. As a result, exports reached the peak of X square meters. from 2010 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X in 2020. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2009 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2010 to 2020, the growth of exports remained at a somewhat lower figure.

Exports by Country

Spain (X square meters) was the main destination for exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Cuba, with a X% share of total exports. Moreover, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Spain exceeded the volume sent to the second major destination, Russia (X square meters), fivefold.

From 2007 to 2009, the average annual rate of growth in terms of volume to Spain was relatively modest.

In value terms, the largest markets for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exported from Cuba were Spain ($X) and Russia ($X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2009, the average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, increasing by X% against the previous year. In general, the export price recorded resilient growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2009, the country with the highest price was Russia ($X per square meter), while the average price for exports to Spain totaled $X per square meter.

From 2007 to 2009, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X% per year).

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Cuba

Imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses into Cuba expanded slightly to X square meters in 2020, surging by X% on the year before. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in years to come.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses plummeted to $X in 2020. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X square meters) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Cuba, with a X% share of total imports. Moreover, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Spain exceeded the figures recorded by the second-largest supplier, China (X square meters), eightfold.

From 2007 to 2020, the average annual growth rate of volume from Spain stood at +X%.

In value terms, Spain ($X) constituted the largest supplier of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Cuba, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Spain stood at +X%.

Import Prices by Country

In 2020, the average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, waning by -X% against the previous year. Overall, import price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per square meter in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per square meter), while the price for China stood at $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox Platform

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