Cuba: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Cuba

In 2021, the Cuban ceramic household article market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, recorded a deep reduction. Ceramic household article consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Ceramic Household Article Production in Cuba

In value terms, ceramic household article production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 81%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

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Ceramic Household Article Exports

Exports from Cuba

In 2021, shipments abroad of ceramic household articles and toilet articles increased by 16% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a significant curtailment. The growth pace was the most rapid in 2016 when exports increased by 66% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ceramic household article exports fell to $X in 2021. In general, exports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 150%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Angola (X kg), Costa Rica (X kg) and Guatemala (X kg) were the main destinations of ceramic household article exports from Cuba, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +75.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Guatemala ($X) and Costa Rica ($X) constituted the largest markets for ceramic household article exported from Cuba worldwide, together comprising 88% of total exports.

Among the main countries of destination, Guatemala, with a CAGR of +61.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ceramic household article export price stood at $X per ton in 2021, waning by -25.8% against the previous year. Over the period under review, the export price, however, posted mild growth. The pace of growth was the most pronounced in 2013 an increase of 157%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+53.4%), while the prices for the other major destinations experienced mixed trend patterns.

Ceramic Household Article Imports

Imports into Cuba

After three years of decline, overseas purchases of ceramic household articles and toilet articles increased by 14% to X tons in 2021. Overall, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 25%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, ceramic household article imports skyrocketed to $X in 2021. In general, imports, however, showed a perceptible curtailment. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Portugal (X tons) and Colombia (X tons) were the main suppliers of ceramic household article imports to Cuba, with a combined 53% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +83.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), China ($X) and Spain ($X) were the largest ceramic household article suppliers to Cuba, with a combined 43% share of total imports.

In terms of the main suppliers, Portugal, with a CAGR of +53.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average ceramic household article import price stood at $X per ton in 2021, increasing by 54% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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