We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Cuba - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2025

Cuba - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Karite (Shea) Nuts Market 2022

Karite (Shea) Nuts Market Size in Cuba

The Cuban karite (shea) nuts market stood at less than $X in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern.

Karite (Shea) Nuts Exports

Exports by Country

Burkina Faso was the largest exporting country with an export of about X tons, which reached 48% of total exports. Mali (X tons) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (20%) and Nigeria (7.5%). Benin (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to karite (shea) nuts exports from Burkina Faso stood at +4.9%. At the same time, Nigeria (+46.6%), Mali (+40.3%), Benin (+16.7%) and Ghana (+1.8%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in the world, with a CAGR of +46.6% from 2012-2021. Mali (+19 p.p.), Nigeria (+7 p.p.) and Benin (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while Burkina Faso and Ghana saw its share reduced by -14% and -14.1% from 2012 to 2021, respectively.

In value terms, the largest karite (shea) nuts supplying countries from Cuba were Burkina Faso ($X), Ghana ($X) and Benin ($X), with a combined 85% share of total exports. These countries were followed by Mali and Nigeria, which together accounted for a further 14%.

In terms of the main exporting countries, Nigeria, with a CAGR of +37.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Cuba stood at less than $X per ton in 2021, approximately mirroring the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Benin ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+13.7%), while the other leaders experienced more modest paces of growth.

Karite (Shea) Nuts Imports

Imports by Country

The purchases of the three major importers of karite (shea) nuts, namely Denmark, Ghana and Togo, represented more than two-thirds of total import. Burkina Faso (X tons) ranks next in terms of the total imports with a 10% share, followed by the United States (7.5%) and Singapore (0.2%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Burkina Faso (with a CAGR of +37.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest karite (shea) nuts importing markets into Cuba were Denmark ($X), Ghana ($X) and Togo ($X), with a combined 83% share of total imports. The United States, Burkina Faso and Singapore lagged somewhat behind, together accounting for a further 14%.

Burkina Faso, with a CAGR of +64.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Cuba stood at less than $X per ton in 2021, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Nigeria, Mali and Denmark, together accounting for 70% of global consumption. Burkina Faso, Togo, Ghana and Cote d'Ivoire lagged somewhat behind, together accounting for a further 26%.
The countries with the highest volumes of in 2021 were Nigeria, Mali and Burkina Faso, together comprising 88% of global production.
In value terms, the largest karite shea) nuts importing markets into Cuba were Denmark, Ghana and Togo, together accounting for 83% of total imports. These countries were followed by the United States and Burkina Faso, which together accounted for a further 14%.
In value terms, Burkina Faso, Ghana and Benin constituted the countries with the highest levels of exports in 2021, together accounting for 85% of total exports. These countries were followed by Mali and Nigeria, which together accounted for a further 14%.
In 2021, the export price in Cuba amounted to less than $0.1 per ton, approximately reflecting the previous year.
In 2021, the import price in Cuba amounted to less than $0.1 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the karite (shea) nuts 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:

    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 THE 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 EditionPRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035

    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      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. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012-2024
      6. Imports, In Value Terms, By Country, 2012-2024
      7. Import Prices, By Country, 2012-2024
      8. Exports, In Physical Terms, By Country, 2012-2024
      9. Exports, In Value Terms, By Country, 2012-2024
      10. Exports Prices, By Country, 2012-2024

    12. LIST OF FIGURES

      1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, by Product
      11. Average Per Capita Consumption, by Product
      12. Exports and Growth, by Product
      13. Export Prices and Growth, by Product
      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: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
      26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      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, 2012-2024
      32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      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, 2012-2024

    Recommended reports

    Asia - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2025
    Eye 464

    This report provides an in-depth analysis of the karite (shea) nuts market in Asia.

    U.S. - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2025
    Eye 515

    This report provides an in-depth analysis of the karite (shea) nuts market in the U.S..

    China - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2025
    Eye 485

    This report provides an in-depth analysis of the karite (shea) nuts market in China.

    EU - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2025
    Eye 540

    This report provides an in-depth analysis of the karite (shea) nuts market in the EU.

    World - Karite (Shea) Nuts - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2025
    Eye 1136

    This report provides an in-depth analysis of the global karite (shea) nuts market.

    Free Data: Karite (Shea) Nuts - Cuba
    Table
    Karite (Shea) Nuts - Cuba - Table
    Dashboard
    Karite (Shea) Nuts - Cuba - Dashboard
    Report
    Karite (Shea) Nuts - Cuba - Report