Report Update Nov 1, 2024

Cuba - Spools, Cops, Bobbins and Similar Supports of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Plastic Supports Market 2024

Plastic Supports Market Size in Cuba

In 2021, the Cuban plastic supports market was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate buoyant growth. Plastic supports consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Plastic Supports Production in Cuba

In value terms, plastic supports production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 221%. Plastic supports production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Plastic Supports Exports

Exports from Cuba

In 2021, shipments abroad of spools, cops, bobbins and similar supports of plastics was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Overall, exports, however, showed a sharp curtailment. The growth pace was the most rapid in 2015 when exports increased by 286% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, plastic supports exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2015 with an increase of 301%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Philippines (X tons) was the main destination for plastic supports exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Philippines totaled -35.6%.

In value terms, the Philippines ($X) also remains the key foreign market for plastic supports exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to the Philippines stood at -37.0%.

Export Prices by Country

In 2021, the average plastic supports export price amounted to $X per ton, shrinking by -18.1% against the previous year. In general, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the Philippines amounted to -2.1% per year.

Plastic Supports Imports

Imports into Cuba

In 2021, after two years of decline, there was significant growth in purchases abroad of spools, cops, bobbins and similar supports of plastics, when their volume increased by 68% to X tons. In general, imports, however, saw a dramatic descent. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic supports imports surged to $X in 2021. Overall, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 38%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and Israel (X tons) were the main suppliers of plastic supports imports to Cuba, together accounting for 72% of total imports.

From 2012 to 2021, the biggest increases were in Israel (with a CAGR of +65.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest plastic supports suppliers to Cuba were China ($X), Israel ($X) and Italy ($X), together accounting for 70% of total imports.

In terms of the main suppliers, Israel, with a CAGR of +66.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plastic supports import price stood at $X per ton in 2021, which is down by -27.4% against the previous year. In general, the import price, however, recorded buoyant growth. The growth pace was the most rapid in 2014 when the average import price increased by 129% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.5%), 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 spools, cops, bobbins and similar supports of plastics in the world?

Russia constituted the country with the largest volume of plastic supports consumption, accounting for 97% of total volume.

What are the largest producers of spools, cops, bobbins and similar supports of plastics in the world?

Russia remains the largest plastic supports producing country worldwide, accounting for 97% of total volume.

What are the leading suppliers of spools, cops, bobbins and similar supports of plastics to Cuba?

In value terms, China constituted the largest supplier of plastic supports to Cuba, comprising 55% of total imports. The second position in the ranking was occupied by Italy, with a 17% share of total imports. It was followed by Spain, with a 12% share.

What are the leading importers of spools, cops, bobbins and similar supports of plastics from Cuba?

In value terms, the Philippines remains the key foreign market for plastic supports exports from Cuba.

What is the average export price for spools, cops, bobbins and similar supports of plastics in Cuba?

In 2021, the average plastic supports export price amounted to $1,769 per ton, rising by 8.9% against the previous year.

What is the average import price for spools, cops, bobbins and similar supports of plastics in Cuba?

In 2021, the average plastic supports import price amounted to $4,986 per ton, falling by -29.9% against the previous year.

This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics

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