Report Update Nov 1, 2024

Cuba - Industrial Machinery for the Preparation of Fruits, Nuts or Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Cuba

In 2021, the Cuban fruit-preparation industrial machinery market decreased by -44.5% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a abrupt shrinkage. Fruit-preparation industrial machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports from Cuba

In 2021, approx. less than X units of industrial machinery for the preparation of fruits, nuts or vegetables were exported from Cuba; approximately reflecting the year before. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, fruit-preparation industrial machinery exports amounted to less than $X in 2021. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Fruit-Preparation Industrial Machinery Imports

Imports into Cuba

In 2021, supplies from abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by -43% to X units, falling for the second year in a row after three years of growth. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2018 when imports increased by 336%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports fell dramatically to $X in 2021. Overall, imports recorded a sharp contraction. The growth pace was the most rapid in 2018 when imports increased by 205%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Brazil (X units) and Canada (X units) were the main suppliers of fruit-preparation industrial machinery imports to Cuba, together comprising 75% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +5.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X) constituted the largest supplier of industrial machinery for the preparation of fruits, nuts or vegetables to Cuba, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-35.6% per year) and China (-16.6% per year).

Import Prices by Country

In 2021, the average fruit-preparation industrial machinery import price amounted to $X per unit, dropping by -11.7% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 259%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+10.4%), 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 industrial machinery for the preparation of fruits, nuts or vegetables in the world?

China remains the largest fruit-preparation industrial machinery consuming country worldwide, comprising approx. 22% of total volume. Moreover, fruit-preparation industrial machinery consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of industrial machinery for the preparation of fruits, nuts or vegetables in the world?

The country with the largest volume of fruit-preparation industrial machinery production was China, comprising approx. 41% of total volume. Moreover, fruit-preparation industrial machinery production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Italy ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of industrial machinery for the preparation of fruits, nuts or vegetables to Cuba?

In value terms, Brazil constituted the largest supplier of fruit-preparation industrial machinery to Cuba, comprising 74% of total imports. The second position in the ranking was occupied by Italy, with a 20% share of total imports. It was followed by China, with a 2.9% share.

What is the average export price for industrial machinery for the preparation of fruits, nuts or vegetables in Cuba?

The average fruit-preparation industrial machinery export price stood at $620 per unit in 2017, remaining stable against the previous year.

What is the average import price for industrial machinery for the preparation of fruits, nuts or vegetables in Cuba?

In 2020, the average fruit-preparation industrial machinery import price amounted to $1,236 per unit, with a decrease of -3.7% against the previous year.

This report provides an in-depth analysis of the fruit-preparation industrial machinery 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:

Prodcom 28931760 - Industrial machinery for the preparation of fruits, nuts or vegetables (excluding for use in milling or for working dried leguminous vegetables)

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