Cuba: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in Cuba

The Cuban preparations for animal feeding market stood at $X in 2021, stabilizing at the previous year. Overall, consumption saw a noticeable setback. Preparations for animal feeding consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Preparations Used In Animal Feeding in Cuba

In value terms, preparations for animal feeding production rose significantly to $X in 2021 estimated in export price. Over the period under review, production recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 41%. Preparations for animal feeding production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Preparations Used In Animal Feeding

Exports from Cuba

After two years of decline, shipments abroad of preparations used in animal feeding increased by 0.2% to X tons in 2021. Overall, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when exports increased by 131% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, preparations for animal feeding exports dropped remarkably to $X in 2021. Over the period under review, exports, however, saw a dramatic decline. The smallest decline of -11.3% was in 2018. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for preparations for animal feeding exports from Cuba, accounting for a 96% share of total exports. Moreover, preparations for animal feeding exports to Brazil exceeded the volume sent to the second major destination, Austria (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Brazil stood at -17.0%.

In value terms, Brazil ($X) remains the key foreign market for preparations for animal feeding exports from Cuba, comprising 72% of total exports. The second position in the ranking was held by Austria ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil amounted to -21.1%.

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2021, falling by -37% against the previous year. In general, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2019 an increase of 53%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Brazil amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-4.8%).

Imports of Preparations Used In Animal Feeding

Imports into Cuba

In 2021, approx. X tons of preparations used in animal feeding were imported into Cuba; rising by 48% compared with the previous year. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 153% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports expanded rapidly to $X in 2021. In general, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 269%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The Dominican Republic (X tons), Mexico (X tons) and the United States (X tons) were the main suppliers of preparations for animal feeding imports to Cuba, with a combined 83% share of total imports. China, Poland, Costa Rica and Spain lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +47.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of preparations for animal feeding to Cuba, comprising 57% of total imports. The second position in the ranking was held by the Dominican Republic ($X), with a 17% share of total imports. It was followed by Mexico, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (-19.2% per year) and Mexico (-24.4% per year).

Import Prices by Country

In 2021, the average preparations for animal feeding import price amounted to $X per ton, waning by -25.2% against the previous year. Overall, the import price, however, recorded a tangible expansion. The pace of growth was the most pronounced in 2018 an increase of 73%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+27.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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