Report Update Nov 1, 2024

Cuba - Talcum Powder and Other Powders for Cosmetic Use - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Talcum Powder Market 2024

Talcum Powder Market Size in Cuba

The Cuban talcum powder market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, faced a sharp setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Talcum Powder Exports

Exports from Cuba

In 2021, overseas shipments of talcum powder and other powders for cosmetic use decreased by -19.7% to X kg, falling for the fifth consecutive year after five years of growth. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 402%. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, talcum powder exports dropped to $X in 2021. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 794% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X kg) was the main destination for talcum powder exports from Cuba, accounting for a 96% share of total exports. Moreover, talcum powder exports to Venezuela exceeded the volume sent to the second major destination, the Dominican Republic (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Venezuela amounted to +24.7%.

In value terms, Venezuela ($X) remains the key foreign market for talcum powder exports from Cuba, comprising 98% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela totaled +35.0%.

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, picking up by 11% against the previous year. In general, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 121%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Venezuela ($X per ton), while the average price for exports to the Dominican Republic stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Talcum Powder Imports

Imports into Cuba

In 2021, after three years of decline, there was significant growth in purchases abroad of talcum powder and other powders for cosmetic use, when their volume increased by 70% to X tons. Over the period under review, imports, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2013 with an increase of 212%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, talcum powder imports soared to $X in 2021. Overall, imports, however, showed a dramatic curtailment. The pace of growth was the most pronounced in 2017 with an increase of 109%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Argentina (X tons), Spain (X tons) and Mexico (X kg) were the main suppliers of talcum powder imports to Cuba, together accounting for 90% of total imports. These countries were followed by the Dominican Republic, the UK, Panama and Ecuador, which together accounted for a further 8.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +578.9%), while imports for the other leaders experienced a decline.

In value terms, the largest talcum powder suppliers to Cuba were Spain ($X), Mexico ($X) and Panama ($X), with a combined 70% share of total imports. These countries were followed by Argentina, the UK, Ecuador and the Dominican Republic, which together accounted for a further 21%.

Among the main suppliers, the UK, with a CAGR of +585.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, dropping by -14.1% against the previous year. In general, the import price saw a noticeable reduction. The growth pace was the most rapid in 2015 an increase of 79% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+24.5%), 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 talcum powder and other powders for cosmetic use in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, with a combined 32% share of global consumption. These countries were followed by India, Russia, the Philippines, the UK, Indonesia, France, Italy, Macao SAR and Saudi Arabia, which together accounted for a further 34%.

What are the largest producers of talcum powder and other powders for cosmetic use in the world?

The countries with the highest volumes of in 2021 were China, Thailand and the United States, together accounting for 57% of global production. These countries were followed by India, Russia, Italy and Indonesia, which together accounted for a further 24%.

What are the leading suppliers of talcum powder and other powders for cosmetic use to Cuba?

In value terms, the largest talcum powder suppliers to Cuba were Panama, Spain and Mexico, with a combined 78% share of total imports. These countries were followed by the UK, Ecuador and Peru, which together accounted for a further 14%.

What are the leading importers of talcum powder and other powders for cosmetic use from Cuba?

In value terms, Venezuela remains the key foreign market for talcum powder exports from Cuba.

What is the average export price for talcum powder and other powders for cosmetic use in Cuba?

In 2021, the average talcum powder export price amounted to $25,297 per ton, almost unchanged from the previous year.

What is the average import price for talcum powder and other powders for cosmetic use in Cuba?

The average talcum powder import price stood at $4,813 per ton in 2021, falling by -31.9% against the previous year.

This report provides an in-depth analysis of the talcum powder 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 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)

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