Report Update Apr 1, 2024

Cuba - Bellies and Cuts of Swine (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Cuba

In 2020, the Cuban preserved swine belly market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Preserved swine belly consumption peaked at $X in 2019, and then fell slightly in the following year.

Preserved Swine Belly Production in Cuba

In value terms, preserved swine belly production fell modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Preserved swine belly production peaked at $X in 2019, and then dropped in the following year.

Preserved Swine Belly Exports

Exports from Cuba

In 2020, exports of bellies and cuts of swine (salted, in brine, dried or smoked) from Cuba reduced rapidly to X kg, shrinking by -X% against 2019 figures. Over the period under review, exports saw a relatively flat trend pattern. Exports peaked at X tons in 2019, and then fell rapidly in the following year.

In value terms, preserved swine belly exports shrank markedly to $X in 2020. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports hit record highs at $X in 2019, and then dropped sharply in the following year.

Exports by Country

Portugal (X tons) was the main destination for preserved swine belly exports from Cuba, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Portugal was relatively modest.

From 2007 to 2019, the average annual growth rate of value to Portugal was relatively modest.

Export Prices by Country

The average preserved swine belly export price stood at $X per ton in 2019, stabilizing at the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked in 2019 and is expected to retain growth in the immediate term.

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

From 2007 to 2019, the rate of growth in terms of prices for Portugal amounted to X% per year.

Preserved Swine Belly Imports

Imports into Cuba

In 2020, imports of bellies and cuts of swine (salted, in brine, dried or smoked) into Cuba reduced remarkably to X tons, waning by -X% on the previous year. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, preserved swine belly imports dropped markedly to $X in 2020. Overall, imports faced a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Spain (X tons) was the main preserved swine belly supplier to Cuba, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain amounted to +X%.

In value terms, Spain ($X) constituted the largest supplier of preserved swine belly to Cuba.

From 2007 to 2020, the average annual growth rate of value from Spain stood at +X%.

Import Prices by Country

In 2020, the average preserved swine belly import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2007 to 2020, the rate of growth in terms of prices for Spain amounted to -X% per year.

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Frequently Asked Questions (FAQ) :

What are the largest markets for bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly consumption in 2020 were China, the U.S. and India, with a combined 29% share of global consumption. These countries were followed by France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico, which together accounted for a further 26%.

What are the largest producers of bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly production in 2020 were China, the U.S. and India, with a combined 30% share of global production. These countries were followed by France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico, which together accounted for a further 25%.

What are the leading suppliers of bellies and cuts of swine (salted, in brine, dried or smoked) to Cuba?

In value terms, Spain constituted the largest supplier of preserved swine belly to Cuba.

What is the average export price for bellies and cuts of swine (salted, in brine, dried or smoked) in Cuba?

The average preserved swine belly export price stood at $8,741 per ton in 2019, leveling off at the previous year.

What is the average import price for bellies and cuts of swine (salted, in brine, dried or smoked) in Cuba?

In 2020, the average preserved swine belly import price amounted to $2,690 per ton, increasing by 4.6% against the previous year.

This report provides an in-depth analysis of the preserved swine belly 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 2025.

Product coverage:

Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked

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