Report Update Nov 1, 2024

Cuba - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Wheeled Loader Market 2024

Wheeled Loader Market Size in Cuba

In 2021, the Cuban wheeled loader market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded mild growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Wheeled Loader Exports

Exports from Cuba

In 2021, approx. less than X units of wheeled loaders, crawler shovel loaders, front-end loaders were exported from Cuba; approximately mirroring 2020 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, wheeled loader exports amounted to less than $X in 2021. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Wheeled Loader Imports

Imports into Cuba

Wheeled loader imports into Cuba surged to X units in 2021, growing by 56% against the previous year. In general, imports recorded notable growth. The most prominent rate of growth was recorded in 2013 with an increase of 166%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, wheeled loader imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 218% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of wheeled loader to Cuba, accounting for a 43% share of total imports. Moreover, wheeled loader imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Brazil (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.9% per year) and Brazil (0.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of wheeled loaders, crawler shovel loaders, front-end loaders to Cuba, comprising 37% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Brazil, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.1% per year) and Brazil (+53.2% per year).

Import Prices by Country

The average wheeled loader import price stood at $X per unit in 2021, leveling off at the previous year. Overall, the import price showed a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of 63%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 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 Brazil ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheeled loaders, crawler shovel loaders, front-end loaders in the world?

The countries with the highest volumes of wheeled loader consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption. South Africa, Japan, Brazil, Poland, Italy, Turkey, Canada, Spain, France and Thailand lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of wheeled loaders, crawler shovel loaders, front-end loaders in the world?

The countries with the highest volumes of wheeled loader production in 2021 were China, the United States and Japan, with a combined 52% share of global production. India, Brazil, the UK, Italy, South Korea, Turkey, France, Germany, Austria and the Czech Republic lagged somewhat behind, together comprising a further 37%.

What are the leading suppliers of wheeled loaders, crawler shovel loaders, front-end loaders to Cuba?

In value terms, the Netherlands constituted the largest supplier of wheeled loader to Cuba, comprising 96% of total imports. The second position in the ranking was occupied by Spain, with a 4.1% share of total imports.

What is the average import price for wheeled loaders, crawler shovel loaders, front-end loaders in Cuba?

In 2021, the average wheeled loader import price amounted to $32,022 per unit, waning by -11.5% against the previous year.

This report provides an in-depth analysis of the wheeled loader 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders

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