Report Update Apr 1, 2024

Cuba - Nets of Twine, Cordage, Rope or Textile Materials - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Nets of Twine, Cordage, Rope or Textile Materials 2022

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Cuba

The Cuban market for nets of twine, cordage, rope or textile materials soared to $X in 2021, jumping by 76% 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). Over the period under review, consumption, however, showed a slight shrinkage. Twine, cordage or textile net consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Cuba

In 2021, approx. X kg of nets of twine, cordage, rope or textile materials were exported from Cuba; approximately mirroring the previous year's figure. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 70%. As a result, the exports reached the peak of X kg. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports totaled $X in 2021. In general, exports faced a significant contraction. The pace of growth was the most pronounced in 2013 when exports increased by 37%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Costa Rica (X kg) was the main destination for twine, cordage or textile net exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica was relatively modest.

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

Export Prices by Country

In 2021, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, flattening at the previous year. Over the period under review, the export price showed a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Costa Rica.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Cuba

In 2021, supplies from abroad of nets of twine, cordage, rope or textile materials increased by 71% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable downturn. The growth pace was the most rapid in 2015 when imports increased by 94% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, twine, cordage or textile net imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a slight reduction. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Colombia (X tons) constituted the largest twine, cordage or textile net supplier to Cuba, accounting for a 62% share of total imports. Moreover, twine, cordage or textile net imports from Colombia exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Colombia stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+42.3% per year) and China (-13.0% per year).

In value terms, Colombia ($X) constituted the largest supplier of twine, cordage or textile net to Cuba, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Portugal, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.2% per year) and Portugal (0.0% per year).

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2021, surging by 4.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2016 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+16.3%), 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 nets of twine, cordage, rope or textile materials in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 45% of global consumption. Japan, Indonesia, Bangladesh, Mexico, Turkey, Spain, South Korea, Thailand and Italy lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of nets of twine, cordage, rope or textile materials in the world?

The country with the largest volume of twine, cordage or textile net production was China, comprising approx. 34% of total volume. Moreover, twine, cordage or textile net production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of nets of twine, cordage, rope or textile materials to Cuba?

In value terms, Colombia constituted the largest supplier of twine, cordage or textile net to Cuba, comprising 69% of total imports. The second position in the ranking was taken by China, with a 17% share of total imports. It was followed by Portugal, with a 4.2% share.

What is the average export price for nets of twine, cordage, rope or textile materials in Cuba?

The average export price for nets of twine, cordage, rope or textile materials stood at $3,068 per ton in 2021, leveling off at the previous year.

What is the average import price for nets of twine, cordage, rope or textile materials in Cuba?

In 2021, the average import price for nets of twine, cordage, rope or textile materials amounted to $8,360 per ton, increasing by 4.2% against the previous year.

This report provides an in-depth analysis of the market for twine, cordage or textile net 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 13941233 - Made-up fishing nets from twine, cordage or rope of manmade fibres (excluding fish landing nets)
Prodcom 13941235 - Made-up fishing nets from yarn of man-made fibres (excluding fish landing nets)
Prodcom 13941253 - Made-up nets from twine, cable or rope of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets)
Prodcom 13941255 - Made-up nets of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets, those made from twine, cable or rope)
Prodcom 13941259 - Knotted netting of textile materials (excluding made-up fishing nets of man-made textiles, other made-up nets of nylon or other polyamides)

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