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Report Cuba - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Cuba - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Chocolate Bars with Cereals, Fruit or Nuts 2024

Market Size for Chocolate Bars with Cereals, Fruit or Nuts in Cuba

After three years of growth, the Cuban market for chocolate bars with cereals, fruit or nuts decreased by -1.7% to $X in 2021. Overall, consumption saw a slight setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Chocolate Bars with Cereals, Fruit or Nuts in Cuba

In value terms, production of chocolate bars with cereals, fruit or nuts fell slightly to $X in 2021 estimated in export price. In general, production recorded a mild slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 21%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports from Cuba

For the tenth year in a row, Cuba recorded growth in overseas shipments of chocolate bars with cereals, fruit or nuts, which increased by 132% to X tons in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of chocolate bars with cereals, fruit or nuts soared to $X in 2021. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 23% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons) and Spain (X tons) were the main destinations of exports of chocolate bars with cereals, fruit or nuts from Cuba.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +87.0%).

In value terms, France ($X) and Spain ($X) appeared to be the largest markets for cereal, fruit or nut chocolate bar exported from Cuba worldwide.

In terms of the main countries of destination, France, with a CAGR of +59.5%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for chocolate bars with cereals, fruit or nuts amounted to $X per ton, which is down by -48.3% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 21%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-14.7%).

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports into Cuba

In 2021, purchases abroad of chocolate bars with cereals, fruit or nuts was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a perceptible setback. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of chocolate bars with cereals, fruit or nuts skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of imports of chocolate bars with cereals, fruit or nuts to Cuba, with a combined 88% share of total imports. These countries were followed by the Dominican Republic, Mexico, Colombia, Costa Rica, Argentina and Canada, which together accounted for a further 9.6%.

From 2012 to 2021, the biggest increases were in the Dominican Republic (with a CAGR of +47.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cereal, fruit or nut chocolate bar suppliers to Cuba were Spain ($X), Brazil ($X) and Italy ($X), with a combined 85% share of total imports. Mexico, Colombia, Costa Rica, the Dominican Republic, Argentina and Canada lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, the Dominican Republic, with a CAGR of +61.6%, saw the highest rates of growth with regard to 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 import price for chocolate bars with cereals, fruit or nuts stood at $X per ton in 2021, picking up by 36% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 30% share of global consumption. Brazil, Japan, Russia, Indonesia, Pakistan, Nigeria, Bangladesh, Turkey and the UK lagged somewhat behind, together comprising a further 24%.
The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 28% share of global production. These countries were followed by Brazil, Germany, Russia, Japan, Mexico, Pakistan, Indonesia, Nigeria, Bangladesh and South Korea, which together accounted for a further 28%.
In value terms, Spain, Brazil and Italy appeared to be the largest chocolate bar suppliers to Cuba, with a combined 88% share of total imports.
In value terms, France $249) and Spain $223) were the largest markets for chocolate bar exported from Cuba worldwide.
The average chocolate bar export price stood at $2,097 per ton in 2021, with a decrease of -44.2% against the previous year.
In 2021, the average chocolate bar import price amounted to $4,805 per ton, dropping by -8.7% against the previous year.

This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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:

  • Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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Free Data: Chocolate Bars with Cereals, Fruit or Nuts - Cuba
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