Report Update Apr 1, 2024

Cuba - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Woolen Fabric Market 2024

Woolen Fabric Market Size in Cuba

The Cuban woolen fabric market totaled less than $X in 2021, almost unchanged from 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). Overall, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the market value decreased by 99.9%. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Woolen Fabric Exports

Exports from Cuba

In 2014, the amount of woven woolen fabrics exported from Cuba totaled X square meters, flattening at the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are likely to continue growth in years to come.

In value terms, woolen fabric exports totaled $X in 2014. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2014 and are likely to see steady growth in the near future.

Exports by Country

Norway (X square meters) was the main destination for woolen fabric exports from Cuba, with a approx. 100% share of total exports.

From 2014 to 2014, the average annual rate of growth in terms of volume to Norway was relatively modest.

From 2014 to 2014, the average annual rate of growth in terms of value to Norway was relatively modest.

Woolen Fabric Imports

Imports into Cuba

In 2021, overseas purchases of woven woolen fabrics decreased by 0% to X square meters, falling for the fourth year in a row after four years of decline. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,362% against the previous year. As a result, imports attained the peak of X square meters. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, woolen fabric imports totaled $X in 2021. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 725%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Peru (X square meters) was the main woolen fabric supplier to Cuba, accounting for a 96% share of total imports. Moreover, woolen fabric imports from Peru exceeded the figures recorded by the second-largest supplier, the UK (X square meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Peru stood at -30.1%.

In value terms, Peru ($X) constituted the largest supplier of woven woolen fabrics to Cuba, comprising 96% of total imports. The second position in the ranking was taken by the UK ($X), with a 3.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Peru amounted to -13.0%.

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2021, flattening at the previous year. Overall, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Peru ($X per square meter), while the price for the UK totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+230.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven woolen fabrics in the world?

The countries with the highest volumes of consumption in 2021 were Italy, China and Japan, with a combined 56% share of global consumption.

What are the largest producers of woven woolen fabrics in the world?

The countries with the highest volumes of production in 2021 were Italy, China and Japan, together accounting for 66% of global production.

What are the leading suppliers of woven woolen fabrics to Cuba?

In value terms, Peru constituted the largest supplier of woven woolen fabrics to Cuba, comprising 96% of total imports. The second position in the ranking was taken by the UK $160), with a 3.5% share of total imports.

What is the average import price for woven woolen fabrics in Cuba?

In 2021, the average woolen fabric import price amounted to $9.9 per square meter, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

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