Report Update Apr 1, 2024

Cuba - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Cuba

The Cuban fresh or chilled anchovies market stood at less than $X in 2021, flattening at 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 saw a relatively flat trend pattern.

Exports of Fresh Or Chilled Anchovies

Exports from Cuba

In 2021, exports of fresh or chilled anchovieses from Cuba totaled less than X kg, remaining relatively unchanged against the previous year. Overall, exports saw a relatively flat trend pattern.

In value terms, fresh or chilled anchovies exports amounted to less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

The shipments of the five major exporters of fresh or chilled anchovieses, namely Portugal, Oman, Spain, Italy and Peru, represented more than two-thirds of total export. Georgia (X tons) took a 6.1% share (based on physical terms) of total exports, which put it in second place, followed by Croatia (5.8%) and France (1.6%).

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +56.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Spain ($X) and Italy ($X) were the countries with the highest levels of exports in 2021, together comprising 80% of total exports. These countries were followed by Croatia, France, Oman, Georgia and Peru, which together accounted for a further 13%.

Peru, with a CAGR of +37.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Cuba stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the other leaders experienced more modest paces of growth.

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Imports of Fresh Or Chilled Anchovies

Imports into Cuba

In 2021, fresh or chilled anchovies imports into Cuba amounted to less than X kg, stabilizing at the year before. Overall, imports showed a relatively flat trend pattern.

In value terms, fresh or chilled anchovies imports totaled less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, Spain (X tons), distantly followed by Ecuador (X tons), Italy (X tons), Croatia (X tons), Morocco (X tons), the United Arab Emirates (X tons) and Turkey (X tons) represented the main importers of fresh or chilled anchovieses, together mixing up 80% of total imports. Albania (X tons), Germany (X tons), Bosnia and Herzegovina (X tons), France (X tons), the United States (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +70.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and France ($X) were the countries with the highest levels of imports in 2021, together accounting for 62% of total imports. Morocco, Germany, Croatia, Ecuador, the United States, Bosnia and Herzegovina, Albania, the United Arab Emirates, Turkey and Bangladesh lagged somewhat behind, together comprising a further 30%.

The United States, with a CAGR of +60.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Cuba stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+16.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

The country with the largest volume of fresh or chilled anchovies consumption was Oman, accounting for 46% of total volume. Moreover, fresh or chilled anchovies consumption in Oman exceeded the figures recorded by the second-largest consumer, Ecuador, sixfold. The third position in this ranking was taken by France, with a 6.2% share.

What are the largest producers of fresh or chilled anchovies in the world?

Oman constituted the country with the largest volume of fresh or chilled anchovies production, comprising approx. 49% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Portugal, fourfold. The third position in this ranking was held by Peru, with a 5.3% share.

What are the leading suppliers of fresh or chilled anchovies to Cuba?

In value terms, the largest fresh or chilled anchovies importing markets into Cuba were Spain, Italy and France, with a combined 62% share of total imports. These countries were followed by Morocco, Germany, Croatia, Ecuador, the United States, Bosnia and Herzegovina, Albania, the United Arab Emirates, Turkey and Bangladesh, which together accounted for a further 30%.

What are the leading importers of fresh or chilled anchovies from Cuba?

In value terms, Portugal, Spain and Italy constituted the countries with the highest levels of exports in 2021, with a combined 80% share of total exports. Croatia, France, Oman, Georgia and Peru lagged somewhat behind, together accounting for a further 13%.

What is the average export price for fresh or chilled anchovies in Cuba?

The export price in Cuba stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for fresh or chilled anchovies in Cuba?

The import price in Cuba stood at less than $0.1 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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:

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