Report Update Nov 1, 2024

Cuba - Spirits Obtained From Distilled Grape Wine or Grape Marc - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Grape Wine Spirits Market 2024

Grape Wine Spirits Exports

Exports from Cuba

In 2022, after two years of decline, there was significant growth in overseas shipments of spirits obtained from distilled grape wine or grape marc, when their volume increased by 33% to X litres. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2019 with an increase of 374%. As a result, the exports reached the peak of X litres. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grape wine spirits exports surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 646% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X litres) and South Africa (X litres) were the main destinations of grape wine spirits exports from Cuba.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +99.7%).

In value terms, the Czech Republic ($X) remains the key foreign market for spirits obtained from distilled grape wine or grape marc exports from Cuba, comprising 81% of total exports. The second position in the ranking was taken by South Africa ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic amounted to +83.1%.

Export Prices by Country

In 2022, the average grape wine spirits export price amounted to $X per litre, with an increase of 57% against the previous year. Overall, the export price enjoyed perceptible growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 161% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per litre), while the average price for exports to South Africa amounted to $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+37.3%), while the prices for the other major destinations experienced mixed trend patterns.

Grape Wine Spirits Imports

Imports into Cuba

Grape wine spirits imports into Cuba contracted notably to X litres in 2022, dropping by -17.9% against 2021. Over the period under review, imports, however, showed a slight increase. The growth pace was the most rapid in 2013 with an increase of 143% against the previous year. Over the period under review, imports attained the peak figure at X litres in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, grape wine spirits imports soared to $X in 2022. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 145%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X litres) constituted the largest supplier of grape wine spirits to Cuba, with a 49% share of total imports. It was followed by France (X litres), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to Cuba, comprising 31% of total imports. The second position in the ranking was held by France ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +6.1%.

Import Prices by Country

In 2022, the average grape wine spirits import price amounted to $X per litre, increasing by 75% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 164% against the previous year. Over the period under review, average import prices attained the maximum at $X per litre in 2017; however, from 2018 to 2022, 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 France ($X per litre), while the price for Spain totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+17.4%), 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 spirits obtained from distilled grape wine or grape marc in the world?

The United States constituted the country with the largest volume of grape wine spirits consumption, comprising approx. 56% of total volume. Moreover, grape wine spirits consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by India, with a 4.3% share.

What are the largest producers of spirits obtained from distilled grape wine or grape marc in the world?

The United States constituted the country with the largest volume of grape wine spirits production, accounting for 55% of total volume. Moreover, grape wine spirits production in the United States exceeded the figures recorded by the second-largest producer, China, sixfold. France ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of spirits obtained from distilled grape wine or grape marc to Cuba?

In value terms, Spain constituted the largest supplier of grape wine spirits to Cuba.

What are the leading importers of spirits obtained from distilled grape wine or grape marc from Cuba?

In value terms, the Czech Republic remains the key foreign market for grape wine spirits exports from Cuba, comprising 98% of total exports. The second position in the ranking was occupied by Slovakia $58), with a 2.1% share of total exports.

What is the average export price for spirits obtained from distilled grape wine or grape marc in Cuba?

The average grape wine spirits export price stood at $14 per litre in 2021, falling by -5.5% against the previous year.

What is the average import price for spirits obtained from distilled grape wine or grape marc in Cuba?

In 2021, the average grape wine spirits import price amounted to $3.6 per litre, declining by -74.3% against the previous year.

This report provides an in-depth analysis of the grape wine spirits 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 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

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