Report Update Apr 1, 2024

Cuba - Frozen Cuts of Turkey - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Frozen Turkey Cut Market 2021

Frozen Turkey Cut Market Size in Cuba

In 2019, the Cuban frozen turkey cut market decreased by -X% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption saw a abrupt downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Frozen Turkey Cut Exports

Exports from Cuba

In 2019, overseas shipments of frozen cuts of turkey decreased by X% to X kg for the first time since 2016, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. Exports peaked at X kg in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, frozen turkey cut exports amounted to $X in 2019. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for frozen turkey cut exports from Cuba, accounting for a approx. X% share of total exports.

From 2007 to 2016, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2007 to 2016, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average frozen turkey cut export price stood at $X per ton in 2016, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, average export prices attained the maximum in 2016 and is likely to see gradual growth in years to come.

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

From 2007 to 2016, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Frozen Turkey Cut Imports

Imports into Cuba

In 2019, supplies from abroad of frozen cuts of turkey decreased by -X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, frozen turkey cut imports dropped remarkably to $X in 2019. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

Canada (X tons), Brazil (X tons) and Spain (X tons) were the main suppliers of frozen turkey cut imports to Cuba.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada, while imports for the other leaders experienced a decline.

In value terms, Canada ($X), Brazil ($X) and Spain ($X) constituted the largest frozen turkey cut suppliers to Cuba.

Canada recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average frozen turkey cut import price amounted to $X per ton, approximately equating the previous year. Over the period under review, import price indicated a mild expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, frozen turkey cut import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Brazil ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of turkey in the world?

The countries with the highest volumes of frozen turkey cut consumption in 2019 were the U.S., India and Russia, with a combined 31% share of global consumption. Brazil, Germany, Ethiopia, Turkey, Iran, Benin, Italy, Egypt, the UK and Thailand lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of frozen cuts of turkey in the world?

The countries with the highest volumes of frozen turkey cut production in 2019 were the U.S., India and Brazil, together accounting for 38% of global production. Russia, Poland, Germany, Ethiopia, Turkey, Italy, Canada, Spain, Iran and France lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of frozen cuts of turkey to Cuba?

In value terms, Canada, Brazil and Spain appeared to be the largest frozen turkey cut suppliers to Cuba.

What is the average export price for frozen cuts of turkey in Cuba?

The average frozen turkey cut export price stood at $2,000 per ton in 2016, therefore, remained relatively stable against the previous year.

What is the average import price for frozen cuts of turkey in Cuba?

The average frozen turkey cut import price stood at $1,384 per ton in 2019, approximately mirroring the previous year.

This report provides an in-depth analysis of the frozen turkey cut 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 10122055 - Frozen cuts of turkey

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023