Latest Report Update: Feb 23, 2021

Cuba - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Cuba: Sorghum Market Overview 2021

Webinar: Global Sugar Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global sugar market.

Thursday, April 1st, 2021 @ 10:00 am ET

Register Now

Sorghum Market Size in Cuba

In 2019, the Cuban sorghum market increased by X% to $X for the first time since 2016, thus ending a two-year declining trend. In general, consumption saw a strong expansion. The pace of growth was the most pronounced in 2012 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Sorghum Production in Cuba

In value terms, sorghum production skyrocketed to $X in 2019 estimated in export prices. Overall, production recorded buoyant growth. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. Sorghum production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

The average yield of sorghum in Cuba reached X tonnes per ha in 2019, increasing by X% against the year before. Overall, the yield continues to indicate a temperate increase. The growth pace was the most rapid in 2012 when the yield increased by X% against the previous year. Over the period under review, the average sorghum yield attained the peak level at X tonnes per ha in 2015; however, from 2016 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of sorghum were harvested in Cuba; surging by X% against the year before. In general, the harvested area posted strong growth. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to sorghum production reached the peak figure at X ha in 2016; however, from 2017 to 2019, the harvested area failed to regain the momentum.

Sorghum Exports

Exports from Cuba

In 2019, exports of sorghum from Cuba amounted to X kg, leveling off at the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, sorghum exports totaled $X in 2019. Overall, exports continue to indicate a relatively flat trend pattern.

Sorghum Imports

Imports into Cuba

In 2019, purchases abroad of sorghum decreased by X% to X kg for the first time since 2016, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, sorghum imports amounted to $X in 2019. In general, imports saw a relatively flat trend pattern. Imports peaked at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2016, the Dominican Republic (X tonnes) was the main supplier of sorghum to Cuba, accounting for a approx. X% share of total imports.

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

In value terms, the Dominican Republic ($X) constituted the largest supplier of sorghum to Cuba.

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

Import Prices by Country

The average sorghum import price stood at $X per tonne in 2016, approximately reflecting the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked in 2016 and is expected to retain growth in the near future.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorghum in the world?
+
The countries with the highest volumes of sorghum consumption in 2019 were China (6.8M tonnes), Nigeria (6.7M tonnes) and the U.S. (6.2M tonnes), together accounting for 31% of global consumption. These countries were followed by Sudan, Ethiopia, Mexico, India, Brazil, Niger, Burkina Faso, Mali, Cameroon and Argentina, which together accounted for a further 50%.
What are the largest producers of sorghum in the world?
+
The countries with the highest volumes of sorghum production in 2019 were the U.S. (9M tonnes), Nigeria (6.7M tonnes) and Sudan (5.7M tonnes), with a combined 36% share of global production. Ethiopia, India, Mexico, Brazil, Niger, China, Burkina Faso, Mali, Argentina and Cameroon lagged somewhat behind, together accounting for a further 46%.
What are the leading suppliers of sorghum to Cuba?
+
In value terms, the Dominican Republic ($29K) constituted the largest supplier of sorghum to Cuba.
What is the average import price for sorghum in Cuba?
+
In 2016, the average sorghum import price amounted to $1,871 per tonne, flattening at the previous year.

Product coverage:
• FCL 83 - Sorghum

This report provides an in-depth analysis of the sorghum 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.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Thursday, April 1st, 2021 @ 10:00 am ET


Register

Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 10:00 am ET


Register

Webinar: Global MDF Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global MDF market.



Thursday, March 25th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data