Report Update Nov 1, 2024

Cuba - Concentrated Grapefruit Juice - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Cuba

The Cuban concentrated grapefruit juice market surged to $X in 2021, growing by 18% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Concentrated Grapefruit Juice Production in Cuba

In value terms, concentrated grapefruit juice production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of 72% against the previous year. Concentrated grapefruit juice production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Concentrated Grapefruit Juice Exports

Exports from Cuba

For the fourth year in a row, Cuba recorded decline in shipments abroad of concentrated grapefruit juice, which decreased by -80.8% to X tons in 2021. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by 87%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports declined dramatically to $X in 2021. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2017 when exports increased by 104% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for concentrated grapefruit juice exports from Cuba, accounting for a 37% share of total exports. Moreover, concentrated grapefruit juice exports to Spain exceeded the volume sent to the second major destination, Israel (X tons), twofold. The third position in this ranking was held by Austria (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-30.0% per year) and Austria (-32.7% per year).

In value terms, Spain ($X) remains the key foreign market for concentrated grapefruit juice exports from Cuba, comprising 39% of total exports. The second position in the ranking was held by Austria ($X), with a 16% share of total exports. It was followed by Israel, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-29.5% per year) and Israel (-29.3% per year).

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, picking up by 10% against the previous year. Overall, the export price saw a pronounced increase. The growth pace was the most rapid in 2018 an increase of 69% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into Cuba

For the third year in a row, Cuba recorded decline in overseas purchases of concentrated grapefruit juice, which decreased by 0% to X tons in 2021. In general, imports saw significant growth. The smallest decline of -76.3% was in 2019. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports stood at $X in 2021. Overall, imports saw significant growth. The smallest decline of -85% was in 2019. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Angola (X tons) was the main supplier of concentrated grapefruit juice to Cuba, with a approx. 100% share of total imports.

From 2013 to 2021, the average annual growth rate of volume from Angola was relatively modest.

In value terms, Angola ($X) constituted the largest supplier of concentrated grapefruit juice to Cuba.

From 2013 to 2021, the average annual growth rate of value from Angola was relatively modest.

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price continues to indicate a slight reduction. The growth pace was the most rapid in 2019 a decrease of -36.4% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Italy amounted to -40.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concentrated grapefruit juice in the world?

The United States constituted the country with the largest volume of concentrated grapefruit juice consumption, accounting for 23% of total volume. Moreover, concentrated grapefruit juice consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Japan ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of concentrated grapefruit juice in the world?

The countries with the highest volumes of concentrated grapefruit juice production in 2021 were the United States, the Netherlands and South Africa, with a combined 52% share of global production. Mexico, Israel, Argentina, Cuba, China, Romania, Spain, Paraguay and Thailand lagged somewhat behind, together comprising a further 40%.

What are the leading suppliers of concentrated grapefruit juice to Cuba?

In value terms, Italy constituted the largest supplier of concentrated grapefruit juice to Cuba.

What are the leading importers of concentrated grapefruit juice from Cuba?

In value terms, Spain remains the key foreign market for concentrated grapefruit juice exports from Cuba, comprising 31% of total exports. The second position in the ranking was occupied by Austria, with a 13% share of total exports. It was followed by Israel, with a 12% share.

What is the average export price for concentrated grapefruit juice in Cuba?

In 2021, the average concentrated grapefruit juice export price amounted to $3,866 per ton, dropping by -3.5% against the previous year.

What is the average import price for concentrated grapefruit juice in Cuba?

The average concentrated grapefruit juice import price stood at $978 per ton in 2021, which is down by -6.2% against the previous year.

This report provides an in-depth analysis of the concentrated grapefruit juice 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:

FCL 510 - Grapefruit Juice, Concentrated

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