Report Update Jan 1, 2025

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

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Cuba: Grain Market 2025

Grain Market Size in Cuba

The Cuban grain market was finally on the rise to reach $X in 2021, after four years of decline. Over the period under review, consumption recorded a abrupt contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Grain Production in Cuba

In value terms, grain production expanded markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. The growth pace was the most rapid in 2013 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average yield of grain in Cuba dropped to X tons per ha, waning by -5.9% compared with the previous year's figure. In general, the yield showed a mild descent. The most prominent rate of growth was recorded in 2015 with an increase of 5.4%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average grain yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in Cuba shrank to X ha in 2021, waning by -5.5% compared with the previous year. Overall, the harvested area continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the harvested area increased by 19% against the previous year. Over the period under review, the harvested area dedicated to grain production reached the maximum at X ha in 2013; however, from 2014 to 2021, the harvested area failed to regain momentum.

Grain Exports

Exports from Cuba

After two years of decline, shipments abroad of grain decreased by 0% to X tons in 2018. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2018 and are expected to retain growth in years to come.

In value terms, grain exports totaled $X in 2018. Overall, exports recorded a buoyant increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2018 and are expected to retain growth in the near future.

Exports by Country

Rwanda (X tons) was the main destination for grain exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to Rwanda was relatively modest.

From 2013 to 2018, the average annual rate of growth in terms of value to Rwanda was relatively modest.

Export Prices by Country

The average grain export price stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2018, the export prices remained at a lower figure.

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

From 2013 to 2018, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Grain Imports

Imports into Cuba

In 2021, approx. X tons of grain were imported into Cuba; with a decrease of -26.9% on 2020. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2014 when imports increased by 5.6% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, grain imports rose remarkably to $X in 2021. In general, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2013 with an increase of 7.6% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of grain to Cuba, with a 39% share of total imports. Moreover, grain imports from France exceeded the figures recorded by the second-largest supplier, Canada (X tons), sixfold. The third position in this ranking was held by Argentina (X tons), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-13.3% per year) and Argentina (-7.8% per year).

In value terms, France ($X) constituted the largest supplier of grain to Cuba, comprising 38% of total imports. The second position in the ranking was held by Canada ($X), with a 9.5% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-11.2% per year) and Germany (+128.1% per year).

Import Prices by Country

In 2021, the average grain import price amounted to $X per ton, picking up by 47% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grain in the world?

The countries with the highest volumes of in 2020 were China, the United States and India, together comprising 44% of global consumption. Brazil, Indonesia, Russia, Bangladesh, Vietnam, Mexico, Turkey and Egypt lagged somewhat behind, together accounting for a further 18%.

What are the largest producers of grain in the world?

The countries with the highest volumes of in 2020 were China, the United States and India, together comprising 46% of global production. Russia, Brazil, Argentina, Indonesia, Canada, Ukraine, Bangladesh, France, Vietnam and Germany lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of grain to Cuba?

In value terms, China, Japan and Egypt were the countries with the highest levels of imports in 2020, with a combined 18% share of total imports. These countries were followed by Mexico, Italy, South Korea, Turkey, Vietnam, Spain, the Netherlands, Germany, Algeria and Saudi Arabia, which together accounted for a further 32%.

What are the leading importers of grain from Cuba?

In value terms, the largest grain supplying countries from Cuba were the United States, Argentina and Russia, together comprising 39% of total exports. Ukraine, Canada, France, Brazil, Australia, Germany, Romania, Poland, Hungary and Kazakhstan lagged somewhat behind, together accounting for a further 47%.

What is the average export price for grain in Cuba?

The export price in Cuba stood at less than $0.1 per ton in 2020, almost unchanged from the previous year.

What is the average import price for grain in Cuba?

The import price in Cuba stood at $201 per ton in 2020, almost unchanged from the previous year.

This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
FCL 103 - Mixed grain
FCL 92 - Quinoa
FCL 15 - Wheat
FCL 71 - Rye
FCL 44 - Barley
FCL 75 - Oats
FCL 56 - Maize
FCL 27 - Rice, paddy
FCL 83 - Sorghum
FCL 89 - Buckwheat
FCL 101 - Canary seed
FCL 94 - Fonio
FCL 97 - Triticale
FCL 79 - Millet

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024