Report Update Nov 1, 2024

Cuba - Self-Propelled Bulldozers (360° Rotation) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in Cuba

The Cuban full-rotation excavator market fell markedly to $X in 2021, declining by -74.1% 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 continues to indicate a sharp shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Full-Rotation Excavator Exports

Exports from Cuba

Full-rotation excavator exports from Cuba amounted to X units in 2014, approximately mirroring the previous year. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are likely to see gradual growth in the near future.

In value terms, full-rotation excavator exports stood at $X in 2014. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2014 and are expected to retain growth in years to come.

Exports by Country

From 2013 to 2015, the average annual growth rate of volume to No country was relatively modest.

From 2013 to 2015, the average annual growth rate of value to No country was relatively modest.

Full-Rotation Excavator Imports

Imports into Cuba

In 2021, overseas purchases of self-propelled full-rotation excavators and bulldozers decreased by -75.4% to X units, falling for the fifth year in a row after two years of growth. Over the period under review, imports recorded a sharp reduction. The growth pace was the most rapid in 2015 when imports increased by 71% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, full-rotation excavator imports contracted rapidly to $X in 2021. Overall, imports faced a precipitous slump. The pace of growth appeared the most rapid in 2013 with an increase of 58% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia (X units), South Korea (X units) and Spain (X units) were the main suppliers of full-rotation excavator imports to Cuba, together comprising 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +5.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) constituted the largest supplier of self-propelled full-rotation excavators and bulldozers to Cuba, comprising 78% of total imports. The second position in the ranking was held by South Korea ($X), with a 12% share of total imports. It was followed by France, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled -15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+2.5% per year) and France (-32.0% per year).

Import Prices by Country

The average full-rotation excavator import price stood at $X per unit in 2021, increasing by 7.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled full-rotation excavators and bulldozers in the world?

The countries with the highest volumes of full-rotation excavator consumption in 2021 were South Korea, the United States and the Netherlands, with a combined 28% share of global consumption.

What are the largest producers of self-propelled full-rotation excavators and bulldozers in the world?

The countries with the highest volumes of full-rotation excavator production in 2021 were Japan, South Korea and Belgium, together comprising 74% of global production. China, the Netherlands, Austria and Thailand lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of self-propelled full-rotation excavators and bulldozers to Cuba?

In value terms, South Korea constituted the largest supplier of full-rotation excavator to Cuba, comprising 45% of total imports. The second position in the ranking was occupied by France, with a 20% share of total imports. It was followed by China, with a 20% share.

What is the average export price for self-propelled full-rotation excavators and bulldozers in Cuba?

In 2014, the average full-rotation excavator export price amounted to $106,748 per unit, approximately equating the previous year.

What is the average import price for self-propelled full-rotation excavators and bulldozers in Cuba?

The average full-rotation excavator import price stood at $42,058 per unit in 2021, with a decrease of -42.6% against the previous year.

This report provides an in-depth analysis of the full-rotation excavator 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 28922600 - Self-propelled bulldozers... with a .360

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