Report Update May 1, 2024

Cuba - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Asbestos Market 2022

Asbestos Market Size in Cuba

After two years of decline, the Cuban asbestos market increased by X% to $X in 2020. In general, consumption, however, recorded a deep slump. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market failed to regain the momentum.

Asbestos Exports

Exports from Cuba

In 2020, approx. X kg of asbestos were exported from Cuba; stabilizing at 2019 figures. In general, exports showed a relatively flat trend pattern. Over the period under review, exports attained the peak figure at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, asbestos exports stood at $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, exports reached the peak figure at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Panama (X tons) was the main destination for asbestos exports from Cuba, with a approx. X% share of total exports.

From 2007 to 2009, the average annual growth rate of volume to Panama was relatively modest.

From 2007 to 2009, the average annual growth rate of value to Panama was relatively modest.

Export Prices by Country

In 2009, the average asbestos export price amounted to $X per ton, standing approx. at the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked in 2009 and is expected to retain growth in the immediate term.

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

From 2007 to 2009, the rate of growth in terms of prices for Panama amounted to X% per year.

Asbestos Imports

Imports into Cuba

In 2020, after two years of decline, there was significant growth in overseas purchases of asbestos, when their volume increased by X% to X tons. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, asbestos imports skyrocketed to $X in 2020. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Russia (X tons) was the main asbestos supplier to Cuba, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia stood at -X%.

In value terms, Russia ($X) constituted the largest supplier of asbestos to Cuba.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia stood at -X%.

Import Prices by Country

In 2020, the average asbestos import price amounted to $X per ton, declining by -X% against the previous year. Overall, import price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, asbestos import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton, and then declined sharply in the following year.

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

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of consumption in 2021 were India, China and Maldives, together comprising 49% of global consumption.

What are the largest producers of asbestos in the world?

Russia constituted the country with the largest volume of asbestos production, accounting for 49% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was taken by Brazil, with an 11% share.

What are the leading suppliers of asbestos to Cuba?

In value terms, Russia constituted the largest supplier of asbestos to Cuba, comprising 83% of total imports. The second position in the ranking was held by Canada, with a 17% share of total imports.

What is the average import price for asbestos in Cuba?

The average asbestos import price stood at $679 per ton in 2021, rising by 7.1% against the previous year.

This report provides an in-depth analysis of the asbestos 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 2025.

Product coverage:

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