Report Cuba - Roasted Coffee - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Cuba - Roasted Coffee - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Roasted Coffee Market 2024

Roasted Coffee Market Size in Cuba

After two years of growth, the Cuban roasted coffee market decreased by -2.2% to $X in 2021. Overall, consumption enjoyed a resilient increase. Roasted coffee consumption peaked at $X in 2020, and then fell slightly in the following year.

Roasted Coffee Production in Cuba

In value terms, roasted coffee production fell slightly to $X in 2021 estimated in export price. In general, production saw a prominent increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 82%. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

Roasted Coffee Exports

Exports from Cuba

In 2021, exports of roasted coffee from Cuba declined notably to X tons, shrinking by -23.9% on the previous year's figure. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 38%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, roasted coffee exports contracted to $X in 2021. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for roasted coffee exports from Cuba, accounting for a 49% share of total exports. Moreover, roasted coffee exports to Canada exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Saudi Arabia (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.2% per year) and Saudi Arabia (+707.7% per year).

In value terms, Canada ($X) remains the key foreign market for roasted coffee exports from Cuba, comprising 41% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Canada amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+580.3% per year) and Germany (+1.4% per year).

Export Prices by Country

In 2021, the average roasted coffee export price amounted to $X per ton, rising by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Coffee Imports

Imports into Cuba

In 2021, purchases abroad of roasted coffee was finally on the rise to reach X tons after three years of decline. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 1,577%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, roasted coffee imports skyrocketed to $X in 2021. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 398%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) was the main roasted coffee supplier to Cuba, with a 313% share of total imports. Moreover, roasted coffee imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 25% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +62.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+115.2% per year) and the United States (+186.9% per year).

In value terms, Spain ($X) constituted the largest supplier of roasted coffee to Cuba, comprising 216% of total imports. The second position in the ranking was taken by Italy ($X), with an 86% share of total imports. It was followed by Canada, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +44.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+86.7% per year) and Canada (-10.9% per year).

Import Prices by Country

In 2021, the average roasted coffee import price amounted to $X per ton, almost unchanged from 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 93% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Italy ($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 (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of roasted coffee consumption, comprising approx. 23% of total volume. Moreover, roasted coffee 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 an 8.6% share.
The country with the largest volume of roasted coffee production was China, comprising approx. 22% of total volume. Moreover, roasted coffee production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.2% share.
In value terms, the largest roasted coffee suppliers to Cuba were Spain, Canada and Portugal, together comprising 99% of total imports.
In value terms, Canada remains the key foreign market for roasted coffee exports from Cuba, comprising 67% of total exports. The second position in the ranking was occupied by Germany, with a 25% share of total exports.
In 2021, the average roasted coffee export price amounted to $6,135 per ton, reducing by -3.7% against the previous year.
In 2021, the average roasted coffee import price amounted to $11,560 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the roasted coffee 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 10831150 - Roasted coffee, not decaffeinated
  • Prodcom 10831170 - Roasted decaffeinated coffee

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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