Report Cuba - Poultry - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 15, 2022

Cuba - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Poultry Market 2022

Poultry Market Size in Cuba

The Cuban poultry market rose slightly to $X in 2021, with an increase of 3.1% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Poultry consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Poultry Production in Cuba

In value terms, poultry production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 12%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

The average yield of poultry in Cuba contracted sharply to X kg per head in 2021, which is down by -16% against the previous year. Over the period under review, the yield, however, posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 36% against the previous year. Over the period under review, the average poultry yield attained the peak level at X kg per head in 2020, and then shrank sharply in the following year.

In 2021, the number of animals slaughtered for poultry production in Cuba skyrocketed to X heads, picking up by 15% compared with the previous year's figure. Overall, the number of producing animals, however, saw a abrupt decline. The number of animals slaughtered for poultry production peaked at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Poultry Exports

Exports from Cuba

In 2021, poultry exports from Cuba totaled X tons, therefore, remained relatively stable against the previous year's figure. Overall, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, poultry exports dropped slightly to $X in 2021. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) and Slovakia (X tons) were the main destinations of poultry exports from Cuba.

From 2013 to 2019, the biggest increases were in Slovakia (with a CAGR of +23.1%).

In value terms, Slovakia ($X) emerged as the key foreign market for poultry exports from Cuba, comprising 66% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 31% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of value to Slovakia stood at +24.0%.

Export Prices by Country

The average poultry export price stood at $X per ton in 2019, which is down by -36.1% against the previous year. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Mauritania stood at $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+0.7%).

Poultry Imports

Imports into Cuba

Poultry imports into Cuba rose slightly to X tons in 2021, surging by 4.5% compared with 2020 figures. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.1% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 22% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, poultry imports reached $X in 2021. Overall, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of poultry to Cuba, with a 82% share of total imports. Moreover, poultry imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.4% per year) and Argentina (+30.6% per year).

In value terms, the United States ($X) constituted the largest supplier of poultry to Cuba, comprising 75% of total imports. The second position in the ranking was taken by Brazil ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+9.3% per year) and Argentina (+24.5% per year).

Import Prices by Country

The average poultry import price stood at $X per ton in 2021, leveling off at the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for poultry in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Brazil, together comprising 39% of global consumption. These countries were followed by Russia, Mexico, India, Indonesia, Japan, South Africa, the UK, Iran and Argentina, which together accounted for a further 22%.
What are the largest producers of poultry in the world?
+
The countries with the highest volumes of production in 2021 were the United States, China and Brazil, with a combined 44% share of global production. These countries were followed by Russia, India, Indonesia, Mexico, Poland, Japan, Argentina, Iran and Turkey, which together accounted for a further 21%.
What are the leading suppliers of poultry to Cuba?
+
In value terms, the United States constituted the largest supplier of poultry to Cuba, comprising 75% of total imports. The second position in the ranking was taken by Brazil, with a 22% share of total imports.
What are the leading importers of poultry from Cuba?
+
In value terms, Slovakia emerged as the key foreign market for poultry exports from Cuba, comprising 66% of total exports. The second position in the ranking was taken by Mauritania, with a 31% share of total exports.
What is the average export price for poultry in Cuba?
+
The average poultry export price stood at $1,501 per ton in 2019, waning by -36.1% against the previous year.
What is the average import price for poultry in Cuba?
+
In 2021, the average poultry import price amounted to $981 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the poultry 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 2030.


Product coverage:
• FCL 1058 - Chicken meat
• FCL 1059 - Offals and liver of chickens
• FCL 1069 - Duck meat
• FCL 1073 - Goose meat
• FCL 1074 - Offals and liver of geese
• FCL 1075 - Offals and liver of ducks
• FCL 1080 - Turkey meat
• FCL 1081 - Offals and liver 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Producing Animals Slaughtered, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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