DIY market in Cuba
The Cuban DIY eCommerce market is predicted to reach US$43.1 million by 2023 and accounts for 8.4% of the total eCommerce market in Cuba. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 7.0%, resulting in a projected market volume of US$56.4 million by 2027. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.
Market development
eCommerce revenue development in the Motorcycle Parts market in Cuba
The Cuban Motorcycle Parts eCommerce market is predicted to reach US$2.5 million by 2023 and accounts for 17.3% of the Vehicle Parts eCommerce market in Cuba. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 4.4%, resulting in a projected market volume of US$3.0 million by 2027. The Motorcycle Parts eCommerce market is a sub-market of the Vehicle Parts market. Further categories within the Vehicle Parts market are: Car Parts, and Other Vehicle Parts.
eCommerce revenue development in the Motorcycle Parts market in Cuba
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Motorcycle Parts market in Cuba
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 85.0 | 30.0 | 34.3 | 99.6 | 81.3 | 72.1 | 45.2 | 23.9 |
| AOV (in US$) | 19.8 | 21.2 | 35.6 | 2.6 | 66.0 | 75.6 | 81.2 | 90.6 |
| CVR (in %) | 85.0 | 30.0 | 34.3 | 99.6 | 81.3 | 72.1 | 45.2 | 23.9 |
Market definition
Definition of the Motorcycle Parts market within the DIY market
Market definition: DIY > Vehicle Parts > Motorcycle Parts The category Motorcycle Parts includes the online trade of motorcycle engine components, motorcycle brakes and suspension parts, motorcycle tires and wheels, and more. This category does not cover motorcycle protective gear and accessories (e.g. helmets, riding gear, gloves). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Motorcycle engine components
- Motorcycle brakes and suspension parts
- Motorcycle tires and wheels
- Motorcycle body parts
- Motorcycle performance and tuning parts
Out-of-scope
- Motorcycle protective gear and accessories (e.g. helmets, riding Gear, gloves)