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Cuba - Tanks, Casks, Drums, Cans, Boxes and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Container Market 2022
Container Market Size in Cuba
The Cuban container market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a abrupt setback. Container consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Container Exports
Exports from Cuba
In 2021, overseas shipments of tanks, casks, drums, cans, boxes and similar containers decreased by -31.1% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 164%. As a result, the exports attained the peak of X tons, and then fell remarkably in the following year.
In value terms, container exports reduced notably to $X in 2021. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 298%. As a result, the exports attained the peak of $X, and then fell significantly in the following year.
Exports by Country
Spain (X tons) was the main destination for container exports from Cuba, accounting for a 82% share of total exports. Moreover, container exports to Spain exceeded the volume sent to the second major destination, Thailand (X kg), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +8.0%.
In value terms, Spain ($X) emerged as the key foreign market for container exports from Cuba, comprising 91% of total exports. The second position in the ranking was held by Thailand ($X), with an 8.9% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Spain totaled +8.4%.
Export Prices by Country
The average container export price stood at $X per ton in 2021, reducing by -9.2% against the previous year. In general, the export price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2015 an increase of 69% against the previous year. The export price peaked at $X per ton in 2020, and then contracted in the following year.
Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Thailand totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+134.0%), while the prices for the other major destinations experienced mixed trend patterns.
Container Imports
Imports into Cuba
After two years of decline, supplies from abroad of tanks, casks, drums, cans, boxes and similar containers increased by 31% to X tons in 2021. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 114%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, container imports soared to $X in 2021. Over the period under review, imports, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2017 when imports increased by 241%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Mexico (X tons) constituted the largest supplier of container to Cuba, with a 71% share of total imports. Moreover, container imports from Mexico exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 7.3% share.
From 2012 to 2021, the average annual growth rate of volume from Mexico totaled -17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.2% per year) and Italy (+2.7% per year).
In value terms, Mexico ($X) constituted the largest supplier of container to Cuba, comprising 73% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.8% share of total imports. It was followed by China, with a 4.6% share.
From 2012 to 2021, the average annual growth rate of value from Mexico stood at -19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.6% per year) and China (-21.4% per year).
Import Prices by Country
The average container import price stood at $X per ton in 2021, increasing by 2.2% against the previous year. Overall, the import price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 59%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-2.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the container 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 25911100 - Tanks, casks, drums, cans... (excluding for gas) of iron or steel, . .50 l, . .300 l
- Prodcom 25911200 - Tanks, casks, drums... (excluding for gas) of iron or steel, < .50 l
- Prodcom 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
- Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
- Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
- Prodcom 25921210 - Aluminium collapsible tubular containers of a capacity . .300 litres, for any material except compressed or liquefied gas
- Prodcom 25921240 - Casks, drums, cans, boxes and similar containers, of aluminium, for any material (other than compressed or liquefied gas), n.e.s. (other than collapsible tubular containers and containers for aerosols)
- Prodcom 25921260 - Aluminium aerosol containers, with a capacity . .300 litres
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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