Report Update Nov 1, 2024

Cuba - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Wheelchair Market 2024

Wheelchair Market Size in Cuba

In 2021, after two years of decline, there was significant growth in the Cuban wheelchair market, when its value increased by 31% to $X. Over the period under review, consumption, however, faced a abrupt decline. Wheelchair consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Wheelchair Exports

Exports from Cuba

Wheelchair exports from Cuba stood at X units in 2016, standing approx. at the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2016 and are likely to continue growth in years to come.

In value terms, wheelchair exports stood at $X in 2016. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2016 and are likely to see steady growth in the near future.

Exports by Country

New Zealand (X units) was the main destination for wheelchair exports from Cuba, with a approx. 100% share of total exports.

From 2014 to 2016, the average annual growth rate of volume to New Zealand was relatively modest.

From 2014 to 2016, the average annual rate of growth in terms of value to New Zealand was relatively modest.

Wheelchair Imports

Imports into Cuba

After two years of decline, purchases abroad of wheelchairs increased by 17% to X units in 2021. Over the period under review, imports, however, saw a significant contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 283%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, wheelchair imports surged to $X in 2021. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 207%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wheelchair supplier to Cuba, with a 85% share of total imports. Moreover, wheelchair imports from China exceeded the figures recorded by the second-largest supplier, Guatemala (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (-14.1% per year) and Spain (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of wheelchairs to Cuba, comprising 71% of total imports. The second position in the ranking was held by Guatemala ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+3.2% per year) and Spain (-20.9% per year).

Import Prices by Country

In 2021, the average wheelchair import price amounted to $X per unit, with an increase of 16% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 68% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+20.1%), 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 wheelchairs in the world?

India constituted the country with the largest volume of wheelchair consumption, accounting for 51% of total volume. Moreover, wheelchair consumption in India exceeded the figures recorded by the second-largest consumer, the United States, eightfold. The third position in this ranking was occupied by China, with a 6.2% share.

What are the largest producers of wheelchairs in the world?

The countries with the highest volumes of in 2021 were India, China and Japan, together accounting for 90% of global production.

What are the leading suppliers of wheelchairs to Cuba?

In value terms, Guatemala constituted the largest supplier of wheelchair to Cuba, comprising 73% of total imports. The second position in the ranking was occupied by Spain, with a 12% share of total imports. It was followed by Germany, with a 4.8% share.

What is the average export price for wheelchairs in Cuba?

The average wheelchair export price stood at $1,776 per unit in 2016, standing approx. at the previous year.

What is the average import price for wheelchairs in Cuba?

In 2021, the average wheelchair import price amounted to $173 per unit, increasing by 17% against the previous year.

This report provides an in-depth analysis of the wheelchair 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 30922030 - Invalid carriages not mechanically propelled
Prodcom 30922090 - Invalid carriages motorised or mechanically propelled

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