Report Update Feb 1, 2025

Cuba - Yarn of Wool - 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: Woolen Yarn Market 2025

Woolen Yarn Market Size in Cuba

The Cuban woolen yarn market contracted markedly to $X in 2021, waning by -16.9% 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 saw a significant decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Woolen Yarn Exports

Exports from Cuba

In 2015, the amount of yarn of wool exported from Cuba amounted to X kg, approximately mirroring the previous year. Overall, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

In value terms, woolen yarn exports stood at $X in 2015. Over the period under review, exports saw a sharp setback. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2015, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X kg) was the main destination for woolen yarn exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2015, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest.

From 2013 to 2015, the average annual growth rate of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2015, the average woolen yarn export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2015, the export prices remained at a lower figure.

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

From 2013 to 2015, the rate of growth in terms of prices for Hong Kong SAR amounted to 0.0% per year.

Woolen Yarn Imports

Imports into Cuba

In 2021, purchases abroad of yarn of wool decreased by -32.7% to X kg, falling for the fifth consecutive year after two years of growth. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 122%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, woolen yarn imports shrank to $X in 2021. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 178% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X kg) was the main supplier of woolen yarn to Cuba, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -37.1%.

In value terms, China ($X) constituted the largest supplier of yarn of wool to Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -28.4%.

Import Prices by Country

The average woolen yarn import price stood at $X per ton in 2021, with an increase of 34% against the previous year. In general, the import price saw prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 87%. The import price peaked in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +13.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yarn of wool in the world?

The countries with the highest volumes of woolen yarn consumption in 2020 were China, India and Italy, with a combined 42% share of global consumption.

What are the largest producers of yarn of wool in the world?

The country with the largest volume of woolen yarn production was China, accounting for 26% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Italy, with an 8.9% share.

What are the leading suppliers of yarn of wool to Cuba?

In value terms, China constituted the largest supplier of woolen yarn to Cuba.

What is the average export price for yarn of wool in Cuba?

The average woolen yarn export price stood at $22,738 per ton in 2015, approximately equating the previous year.

What is the average import price for yarn of wool in Cuba?

The average woolen yarn import price stood at $108,462 per ton in 2020, increasing by 1,655% against the previous year.

This report provides an in-depth analysis of the woolen yarn 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

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