Report Update Nov 1, 2024

Cuba - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Cuba

In 2021, the Cuban unvulcanised rubber market increased by 366% to $X for the first time since 2015, thus ending a five-year declining trend. In general, consumption, however, showed a relatively flat trend pattern. Unvulcanised rubber consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Unvulcanised Rubber Exports

Exports from Cuba

Unvulcanised rubber exports from Cuba dropped sharply to X tons in 2013, shrinking by -99.2% compared with the previous year's figure. Overall, exports showed a precipitous shrinkage. The exports peaked at X tons in 2012, and then dropped rapidly in the following year.

In value terms, unvulcanised rubber exports reduced remarkably to $X in 2013. Over the period under review, exports showed a significant contraction. Over the period under review, the exports reached the maximum at $X in 2012, and then shrank notably in the following year.

Exports by Country

Panama (X tons) was the main destination for unvulcanised rubber exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to Panama was relatively modest.

In value terms, Panama ($X) emerged as the key foreign market for unvulcanised rubber exports from Cuba.

From 2012 to 2013, the average annual growth rate of value to Panama was relatively modest.

Export Prices by Country

The average unvulcanised rubber export price stood at $X per ton in 2013, reducing by -51.9% against the previous year. Overall, the export price continues to indicate a sharp downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012, and then dropped rapidly in the following year.

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

From 2012 to 2013, the rate of growth in terms of prices for Venezuela amounted to 0.0% per year.

Unvulcanised Rubber Imports

Imports into Cuba

In 2021, purchases abroad of unvulcanised rubber was finally on the rise to reach X tons after five years of decline. Over the period under review, imports, however, faced a deep downturn. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, unvulcanised rubber imports soared to $X in 2021. In general, imports, however, showed a abrupt descent. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest unvulcanised rubber supplier to Cuba, accounting for a 79% share of total imports. Moreover, unvulcanised rubber imports from China exceeded the figures recorded by the second-largest supplier, Venezuela (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (-19.5% per year) and Italy (+29.3% per year).

In value terms, the largest unvulcanised rubber suppliers to Cuba were China ($X), Venezuela ($X) and Italy ($X), together accounting for 100% of total imports.

Italy, with a CAGR of +23.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average unvulcanised rubber import price stood at $X per ton in 2021, picking up by 32% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unvulcanised rubber in the world?

China constituted the country with the largest volume of unvulcanised rubber consumption, accounting for 26% of total volume. Moreover, unvulcanised rubber consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 9.3% share.

What are the largest producers of unvulcanised rubber in the world?

The country with the largest volume of unvulcanised rubber production was China, accounting for 25% of total volume. Moreover, unvulcanised rubber production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of unvulcanised rubber to Cuba?

In value terms, China constituted the largest supplier of unvulcanised rubber to Cuba.

What is the average export price for unvulcanised rubber in Cuba?

In 2013, the average unvulcanised rubber export price amounted to $2,557 per ton, waning by -51.9% against the previous year.

What is the average import price for unvulcanised rubber in Cuba?

The average unvulcanised rubber import price stood at $2,858 per ton in 2020, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the unvulcanised rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised

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