Cuba: Sorbitol Market 2025

Sorbitol Market Size in Cuba

In 2021, the Cuban sorbitol market decreased by -24.7% to $X, falling for the eighth year in a row after two years of growth. Overall, consumption showed a drastic downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Sorbitol Production in Cuba

In value terms, sorbitol production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 5.6% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Sorbitol Exports

Exports from Cuba

In 2021, exports of sorbitol (excluding d-glucitol) from Cuba rose significantly to X tons, increasing by 5.8% on 2020. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 5.8%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sorbitol exports expanded notably to $X in 2021. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 12%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Belarus (X tons) was the main destination for sorbitol exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Belarus amounted to +3.1%.

In value terms, Belarus ($X) also remains the key foreign market for sorbitol (excluding d-glucitol) exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Belarus amounted to +9.2%.

Export Prices by Country

The average sorbitol export price stood at $X per ton in 2021, increasing by 6% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sorbitol export price increased by +67.5% against 2012 indices. The most prominent rate of growth was recorded in 2015 an increase of 6% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +5.9% per year.

Sorbitol Imports

Imports into Cuba

In 2021, supplies from abroad of sorbitol (excluding d-glucitol) decreased by -14% to X tons, falling for the fourth year in a row after three years of growth. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 47%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sorbitol imports shrank to $X in 2021. Overall, imports faced a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by 22% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of sorbitol to Cuba, accounting for a 96% share of total imports. Moreover, sorbitol imports from China exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -14.4%.

In value terms, China ($X) constituted the largest supplier of sorbitol (excluding d-glucitol) to Cuba, comprising 93% of total imports. The second position in the ranking was held by the Dominican Republic ($X), with a 4.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -15.5%.

Import Prices by Country

The average sorbitol import price stood at $X per ton in 2021, remaining constant against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 13%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (-0.2%).

Source: IndexBox Platform

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