Cuba: Pineapple Market 2024

Pineapple Market Size in Cuba

The Cuban pineapple market was finally on the rise to reach $X in 2021, after four years of decline. Over the period under review, consumption, however, saw a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pineapple Production in Cuba

In value terms, pineapple production rose to $X in 2021 estimated in export price. In general, production, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 51% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

The average yield of pineapples in Cuba expanded slightly to X tons per ha in 2021, picking up by 3.9% compared with 2020 figures. Over the period under review, the yield, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the yield increased by 10% against the previous year. The pineapple yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pineapple harvested area in Cuba expanded significantly to X ha in 2021, growing by 9.7% against the previous year's figure. Overall, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 52%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2021, the growth of the pineapple harvested area remained at a lower figure.

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Pineapple Exports

Exports from Cuba

In 2021, shipments abroad of pineapples decreased by -4.2% to X tons, falling for the fifth consecutive year after five years of growth. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 when exports increased by 362%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, pineapple exports totaled $X in 2021. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 389% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of pineapple exports from Cuba, with a combined 87% share of total exports. These countries were followed by Germany, Switzerland, Italy and Slovenia, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +342.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pineapple exported from Cuba were Spain ($X), France ($X) and the Netherlands ($X), with a combined 84% share of total exports. Germany, Switzerland, Slovenia and Italy lagged somewhat behind, together accounting for a further 14%.

Germany, with a CAGR of +196.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pineapple export price stood at $X per ton in 2021, rising by 9.7% against the previous year. In general, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pineapple export price increased by +86.2% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pineapple Imports

Imports into Cuba

In 2021, overseas purchases of pineapples decreased by 0% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports continue to indicate a precipitous setback. The smallest decline of -43.2% was in 2018. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, pineapple imports stood at $X in 2021. Over the period under review, imports saw a deep setback. The smallest decline of -14.1% was in 2017. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Canada (X tons) constituted the largest supplier of pineapple to Cuba, accounting for a 89% share of total imports. Moreover, pineapple imports from Canada exceeded the figures recorded by the second-largest supplier, Angola (X tons), eightfold.

From 2014 to 2021, the average annual rate of growth in terms of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of pineapple to Cuba, comprising 96% of total imports. The second position in the ranking was held by Angola ($X), with a 4.2% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of value from Canada was relatively modest.

Import Prices by Country

In 2021, the average pineapple import price amounted to $X per ton, remaining constant against the previous year. In general, the import price recorded significant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 81%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for Angola stood at $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+34.4%).

Source: IndexBox Platform

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