Report Update Jan 1, 2025

Cuba - Twine, Cordage, Rope and Cables - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Twine And Cordage Market 2022

Twine And Cordage Market Size in Cuba

In 2021, the Cuban twine and cordage market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Twine And Cordage Production in Cuba

In value terms, twine and cordage production rose significantly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt descent. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Twine And Cordage Exports

Exports from Cuba

Twine and cordage exports from Cuba fell to X tons in 2014, which is down by -5.7% compared with the previous year's figure. Overall, exports saw a drastic downturn. The smallest decline of -5.7% was in 2013. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2014, the exports failed to regain momentum.

In value terms, twine and cordage exports reduced slightly to $X in 2014. Over the period under review, exports continue to indicate a perceptible shrinkage. The smallest decline of -4% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for twine and cordage exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for twine and cordage exports from Cuba.

From 2012 to 2014, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

The average twine and cordage export price stood at $X per ton in 2014, picking up by 1.8% against the previous year. Over the period from 2012 to 2014, it increased at an average annual rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2014, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Twine And Cordage Imports

Imports into Cuba

In 2021, purchases abroad of twine, cordage, rope and cables increased by 23% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 119%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, twine and cordage imports soared to $X in 2021. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.4% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 58%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Brazil (X tons), China (X tons) and Spain (X tons) were the main suppliers of twine and cordage imports to Cuba, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of twine and cordage to Cuba, comprising 59% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Brazil, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.0% per year) and Brazil (+8.1% per year).

Import Prices by Country

The average twine and cordage import price stood at $X per ton in 2021, increasing by 4% against the previous year. In general, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, twine and cordage import price increased by +70.8% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for twine, cordage, rope and cables in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 50% share of global consumption.

What are the largest producers of twine, cordage, rope and cables in the world?

China constituted the country with the largest volume of twine and cordage production, comprising approx. 30% of total volume. Moreover, twine and cordage production in China exceeded the figures recorded by the second-largest producer, Brazil, twofold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of twine, cordage, rope and cables to Cuba?

In value terms, Spain constituted the largest supplier of twine and cordage to Cuba, comprising 53% of total imports. The second position in the ranking was occupied by Brazil, with a 19% share of total imports. It was followed by China, with an 18% share.

What is the average export price for twine, cordage, rope and cables in Cuba?

The average twine and cordage export price stood at $3,392 per ton in 2014, approximately equating the previous year.

What is the average import price for twine, cordage, rope and cables in Cuba?

The average twine and cordage import price stood at $6,212 per ton in 2021, which is down by -8.8% against the previous year.

This report provides an in-depth analysis of the twine and cordage 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 13941133 -
Prodcom 13941135 -
Prodcom 13941153 - Sisal binder or baler (agricultural) twines
Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024