Report Update Nov 1, 2024

Cuba - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Sawnwood Market 2024

Sawnwood Market Size in Cuba

The Cuban sawnwood market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sawnwood Production in Cuba

In value terms, sawnwood production amounted to $X in 2022 estimated in export price. Overall, production saw a pronounced setback. The growth pace was the most rapid in 2015 with an increase of 11%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Sawnwood Exports

Exports from Cuba

In 2022, shipments abroad of sawnwood decreased by 0% to X cubic meters, falling for the second year in a row after two years of decline. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports stood at $X in 2022. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X cubic meters) was the main destination for sawnwood exports from Cuba, accounting for a approx. 50% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Norway was relatively modest.

From 2013 to 2022, the average annual growth rate of value to Norway was relatively modest.

Export Prices by Country

The average sawnwood export price stood at $X per cubic meter in 2022, approximately mirroring the previous year. In general, the export price showed a noticeable slump. The growth pace was the most rapid in 2021 a decrease of 99.9%. The export price peaked at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Sawnwood Imports

Imports into Cuba

In 2022, overseas purchases of sawnwood increased by 37% to X cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2015 with an increase of 92%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sawnwood imports rose rapidly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 66%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X cubic meters), Brazil (X cubic meters) and Peru (X cubic meters) were the main suppliers of sawnwood imports to Cuba, together accounting for 28% of total imports. These countries were followed by Italy, Colombia, Sweden and Suriname, which together accounted for a further 5.2%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +51.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Brazil ($X) and Italy ($X) appeared to be the largest sawnwood suppliers to Cuba, together accounting for 26% of total imports. These countries were followed by Peru, Colombia, Suriname and Sweden, which together accounted for a further 5.5%.

In terms of the main suppliers, Colombia, with a CAGR of +34.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood import price stood at $X per cubic meter in 2022, shrinking by -17.4% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood import price increased by +84.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 85%. As a result, import price reached the peak level of $X per cubic meter, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.7%), 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 sawnwood in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 51% share of global consumption. Japan, Saudi Arabia, Russia, the UK, France, Turkey, Egypt, Brazil and India lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of sawnwood in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, together comprising 43% of global production.

What are the leading suppliers of sawnwood to Cuba?

In value terms, Bosnia and Herzegovina constituted the largest supplier of sawnwood to Cuba, comprising 15% of total imports. The second position in the ranking was occupied by Montenegro, with a 4.1% share of total imports. It was followed by Brazil, with a 2.8% share.

What is the average export price for sawnwood in Cuba?

The average sawnwood export price stood at $289 per cubic meter in 2020, surging by 1.8% against the previous year.

What is the average import price for sawnwood in Cuba?

In 2021, the average sawnwood import price amounted to $354 per cubic meter, reducing by -7.6% against the previous year.

This report provides an in-depth analysis of the sawnwood 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:

FCL 1632 - Sawnwood, coniferous
FCL 1633 - Sawnwood, non-coniferous all

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