Report Update Nov 1, 2024

Cuba - Wine of Fresh Grapes (Except Sparkling Wine) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Cuba

The Cuban wine of fresh grapes market contracted modestly to $X in 2021, which is down by -4.3% 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 recorded a deep slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Cuba

Wine of fresh grapes exports from Cuba declined markedly to X litres in 2021, falling by -99% against the year before. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2019 with an increase of 647%. As a result, the exports reached the peak of X litres. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, wine of fresh grapes exports fell remarkably to $X in 2021. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2019 when exports increased by 576% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Maldives (X litres) was the main destination for wine of fresh grapes exports from Cuba, accounting for a 95% share of total exports. Moreover, wine of fresh grapes exports to Maldives exceeded the volume sent to the second major destination, Rwanda (X litres), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Maldives totaled +71.4%.

In value terms, Maldives ($X) remains the key foreign market for wine of fresh grapes exports from Cuba, comprising 89% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Maldives totaled +47.5%.

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2021, jumping by 84% against the previous year. In general, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wine of fresh grapes export price increased by +69.6% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Rwanda ($X per litre), while the average price for exports to Maldives stood at $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+65.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Cuba

In 2021, purchases abroad of wine of fresh grapes (except sparkling wine) decreased by -11.8% to X litres, falling for the fifth consecutive year after five years of growth. In general, imports faced a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 26%. As a result, imports attained the peak of X litres. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, wine of fresh grapes imports reduced modestly to $X in 2021. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X litres) constituted the largest wine of fresh grapes supplier to Cuba, with a 82% share of total imports. Moreover, wine of fresh grapes imports from Spain exceeded the figures recorded by the second-largest supplier, Chile (X litres), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled -10.0%.

In value terms, Spain ($X) constituted the largest supplier of wine of fresh grapes to Cuba, comprising 76% of total imports. The second position in the ranking was held by Chile ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -5.2%.

Import Prices by Country

In 2021, the average wine of fresh grapes import price amounted to $X per litre, with an increase of 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per litre), while the price for Spain amounted to $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wine of fresh grapes (except sparkling wine) in the world?

The country with the largest volume of wine of fresh grapes consumption was China, comprising approx. 33% of total volume. Moreover, wine of fresh grapes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by France, with a 5.5% share.

What are the largest producers of wine of fresh grapes (except sparkling wine) in the world?

China constituted the country with the largest volume of wine of fresh grapes production, comprising approx. 32% of total volume. Moreover, wine of fresh grapes production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Spain ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of wine of fresh grapes (except sparkling wine) to Cuba?

In value terms, Spain constituted the largest supplier of wine of fresh grapes to Cuba, comprising 79% of total imports. The second position in the ranking was occupied by Chile, with an 18% share of total imports.

What is the average export price for wine of fresh grapes (except sparkling wine) in Cuba?

In 2021, the average wine of fresh grapes export price amounted to $1.6 per litre, rising by 29% against the previous year.

What is the average import price for wine of fresh grapes (except sparkling wine) in Cuba?

The average wine of fresh grapes import price stood at $1.9 per litre in 2021, shrinking by -5.2% against the previous year.

This report provides an in-depth analysis of the market for wine of fresh grapes 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 11021211 - White wine with a protected designation of origin (PDO)
Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
Prodcom 11021220 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, of an alcoholic strength . .15 % (excluding sparkling wine and wine (PDO))
Prodcom 11021231 - Port, Madeira, Sherry and other > .15 % alcohol

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