Report Update Nov 1, 2024

Cuba - Vices and Clamps - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Vices And Clamps Market 2024

Vices And Clamps Market Size in Cuba

The Cuban vices and clamps market contracted significantly to $X in 2021, waning by -81.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a precipitous contraction. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Vices And Clamps Exports

Exports from Cuba

In 2021, the amount of vices and clamps exported from Cuba stood at X kg, almost unchanged from the previous year. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 126% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, vices and clamps exports totaled $X in 2021. In general, exports posted tangible growth. The most prominent rate of growth was recorded in 2013 with an increase of 55%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Peru (X kg) was the main destination for vices and clamps exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Peru was relatively modest.

Export Prices by Country

The average vices and clamps export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price recorded a abrupt slump. The growth pace was the most rapid in 2017 when the average export price decreased by -27.1%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Vices And Clamps Imports

Imports into Cuba

For the third year in a row, Cuba recorded decline in supplies from abroad of vices and clamps, which decreased by -73.4% to X tons in 2021. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2015 when imports increased by 91%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, vices and clamps imports plummeted to $X in 2021. In general, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 56%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Canada (X tons) constituted the largest vices and clamps supplier to Cuba, accounting for a 84% share of total imports. Moreover, vices and clamps imports from Canada exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. Brazil (X kg) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada totaled -25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-44.5% per year) and Brazil (+4.0% per year).

In value terms, Canada ($X) constituted the largest supplier of vices and clamps to Cuba, comprising 76% of total imports. The second position in the ranking was held by Spain ($X), with a 4.9% share of total imports. It was followed by China, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada totaled -24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-13.9% per year) and China (-45.1% per year).

Import Prices by Country

The average vices and clamps import price stood at $X per ton in 2021, waning by -31.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.2%), 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 vices and clamps in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 36% of global consumption. Russia, Japan, Brazil, Mexico, Germany, France, Canada, South Korea, Turkey and the UK lagged somewhat behind, together comprising a further 38%.

What are the largest producers of vices and clamps in the world?

China constituted the country with the largest volume of vices and clamps production, comprising approx. 45% of total volume. Moreover, vices and clamps production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Japan ranked third in terms of total production with a 5.1% share.

What are the leading suppliers of vices and clamps to Cuba?

In value terms, the largest vices and clamps suppliers to Cuba were Canada, China and Italy, with a combined 70% share of total imports.

What is the average export price for vices and clamps in Cuba?

The average vices and clamps export price stood at $31,865 per ton in 2017, picking up by 10% against the previous year.

What is the average import price for vices and clamps in Cuba?

In 2021, the average vices and clamps import price amounted to $3,623 per ton, picking up by 4.4% against the previous year.

This report provides an in-depth analysis of the vices and clamps 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 25733085 - Vices, clamps and the like

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