Cuba: Fruit Market 2024

Fruit Market Size in Cuba

The Cuban fruit market contracted to $X in 2022, shrinking by -5.8% against the previous year. Overall, consumption, however, continues to indicate a perceptible contraction. Fruit consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fruit Production in Cuba

In value terms, fruit production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Fruit production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average fruit yield in Cuba was estimated at X tons per ha, with an increase of 5.1% against the previous year. Over the period under review, the yield, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 9.1%. Over the period under review, the average fruit yield attained the peak level at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of fruits in Cuba reached X ha, approximately reflecting 2021. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 19%. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the fruit harvested area failed to regain momentum.

Fruit Exports

Exports from Cuba

In 2022, approx. X tons of fruits were exported from Cuba; waning by -19.5% compared with the previous year. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 85% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, fruit exports shrank to $X in 2022. Over the period under review, exports, however, saw a modest expansion. The pace of growth was the most pronounced in 2015 when exports increased by 186% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for fruit exports from Cuba, accounting for a 32% share of total exports. Moreover, fruit exports to France exceeded the volume sent to the second major destination, Spain (X tons), fivefold. The third position in this ranking was taken by the Netherlands (X tons), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+22.2% per year) and the Netherlands (+5.7% per year).

In value terms, France ($X) remains the key foreign market for fruits exports from Cuba, comprising 25% of total exports. The second position in the ranking was taken by Spain ($X), with a 9.6% share of total exports. It was followed by Canada, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+22.7% per year) and Canada (+29.6% per year).

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, increasing by 6.6% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2015 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Imports

Imports into Cuba

In 2022, imports of fruits into Cuba plummeted to X tons, waning by -28.9% on the previous year. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 126% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, fruit imports shrank notably to $X in 2022. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 130% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Canada (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of fruit imports to Cuba, together accounting for 48% of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +43.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest fruit suppliers to Cuba were Chile ($X), Canada ($X) and the United States ($X), together comprising 46% of total imports.

Canada, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average fruit import price amounted to $X per ton, reducing by -11.7% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2018 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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