Cuba: Dry Bean Market 2025

Dry Bean Market Size in Cuba

The Cuban dry bean market declined modestly to $X in 2021, leveling off at the previous year. Over the period under review, consumption, however, saw a pronounced decrease. Dry bean consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Dry Bean Production in Cuba

In value terms, dry bean production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable slump. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

In 2021, the average dry bean yield in Cuba surged to X tons per ha, increasing by 21% compared with the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The dry bean yield peaked at X tons per ha in 2019; however, from 2020 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of beans (dry) were harvested in Cuba; picking up by 18% against the previous year. Over the period under review, the harvested area, however, saw a perceptible decline. The growth pace was the most rapid in 2018 with an increase of 25%. As a result, the harvested area reached the peak level of X ha. From 2019 to 2021, the growth of the dry bean harvested area failed to regain momentum.

Dry Bean Exports

Exports from Cuba

In 2014, approx. X tons of beans (dry) were exported from Cuba; rising by 25,245% compared with 2013. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dry bean exports skyrocketed to $X in 2014. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X tons) was the main destination for dry bean exports from Cuba, with a approx. 100% share of total exports.

From 2013 to 2014, the average annual rate of growth in terms of volume to South Africa was relatively modest.

From 2013 to 2014, the average annual rate of growth in terms of value to South Africa was relatively modest.

Export Prices by Country

In 2014, the average dry bean export price amounted to $X per ton, falling by -30.8% against the previous year. In general, the export price showed a dramatic shrinkage. The export price peaked at $X per ton in 2013, and then fell remarkably in the following year.

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

From 2013 to 2014, the rate of growth in terms of prices for South Africa amounted to 0.0% per year.

Dry Bean Imports

Imports into Cuba

In 2021, approx. X tons of beans (dry) were imported into Cuba; falling by -43.2% against the previous year. Over the period under review, imports continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 248% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank rapidly in the following year.

In value terms, dry bean imports fell markedly to $X in 2021. In general, imports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2016 with an increase of 273%. Imports peaked at $X in 2020, and then contracted remarkably in the following year.

Imports by Country

China (X tons), Argentina (X tons) and Mexico (X tons) were the main suppliers of dry bean imports to Cuba, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +90.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Argentina ($X) and Mexico ($X) constituted the largest dry bean suppliers to Cuba, together accounting for 93% of total imports.

Among the main suppliers, Mexico, with a CAGR of +98.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dry bean import price stood at $X per ton in 2021, falling by -13% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Nicaragua ($X per ton) and China ($X per ton), while the price for Argentina ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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