Cuba: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Cuba

In 2021, the Cuban non-knitted women apparel market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Non-Knitted Women Apparel Production in Cuba

In value terms, non-knitted women apparel production reduced to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Non-Knitted Women Apparel Exports

Exports from Cuba

In 2021, approx. X units of women's or girls' clothing (not knitted or crocheted) were exported from Cuba; reducing by -X% against the previous year's figure. Overall, exports showed a significant curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-knitted women apparel exports shrank remarkably to $X in 2021. In general, exports saw a dramatic decrease. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X units), Angola (X units) and Jamaica (X units) were the main destinations of non-knitted women apparel exports from Cuba, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Angola (with a CAGR of +X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for non-knitted women apparel exported from Cuba were Angola ($X), Panama ($X) and Jamaica ($X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-knitted women apparel export price amounted to $X per unit, shrinking by -X% against the previous year. In general, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Angola ($X per unit), while the average price for exports to Barbados ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Women Apparel Imports

Imports into Cuba

In 2021, overseas purchases of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the second year in a row after two years of growth. In general, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, non-knitted women apparel imports fell remarkably to $X in 2021. Overall, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) was the main non-knitted women apparel supplier to Cuba, with a X% share of total imports. Moreover, non-knitted women apparel imports from Italy exceeded the figures recorded by the second-largest supplier, Panama (X units), fourfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-X% per year) and China (-X% per year).

In value terms, Panama ($X) constituted the largest supplier of non-knitted women apparel to Cuba, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Panama totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Spain (-X% per year).

Import Prices by Country

The average non-knitted women apparel import price stood at $X per unit in 2021, reducing by -X% against the previous year. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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