Report Update Apr 1, 2024

Cuba - Sugar Cane - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Sugar Cane Market 2024

Sugar Cane Market Size in Cuba

The Cuban sugar cane market skyrocketed to $X in 2021, picking up by 27% against the previous year. Over the period under review, consumption, however, showed a slight decline. Cuba consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sugar Cane Production in Cuba

In value terms, sugar cane production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a pronounced contraction. Cuba production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

The average yield of sugar cane in Cuba declined to X tons per ha in 2021, flattening at the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 9.2%. The global yield peaked at X tons per ha in 2015; however, from 2016 to 2021, 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 2021, approx. X ha of sugar cane were harvested in Cuba; picking up by 12% against the year before. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by 25%. The global harvested area peaked at X ha in 2017; however, from 2018 to 2021, the harvested area stood at a somewhat lower figure.

Sugar Cane Exports

Exports by Country

In 2021, Myanmar (X tons) was the largest exporter of sugar cane, creating 42% of total exports. Egypt (X tons) held the second position in the ranking, followed by Vietnam (X tons), Malaysia (X tons) and Lao People's Democratic Republic (X tons). All these countries together took near 48% share of total exports. Cambodia (X tons), Mexico (X tons) and China (X tons) followed a long way behind the leaders.

Exports from Myanmar increased at an average annual rate of +100.3% from 2012 to 2021. At the same time, Lao People's Democratic Republic (+213.5%), Vietnam (+25.7%), Cambodia (+19.8%), Mexico (+12.3%) and Egypt (+5.0%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +213.5% from 2012-2021. By contrast, Malaysia (-3.8%) and China (-10.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Myanmar, Lao People's Democratic Republic, Vietnam and Cambodia increased by +41, +7.9, +7.4 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lao People's Democratic Republic ($X), Myanmar ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2021, with a combined 84% share of total exports.

Lao People's Democratic Republic, with a CAGR of +153.4%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Sugar Cane Imports

Imports by Country

China (X tons) represented roughly 99% of total imports in 2021.

China was also the fastest-growing in terms of the sugar cane imports, with a CAGR of +8.9% from 2012 to 2021. China (+2.2 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sugar cane into Cuba.

In China, sugar cane imports increased at an average annual rate of +9.0% over the period from 2012-2021.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar cane in the world?

The countries with the highest volumes of consumption in 2021 were Brazil, India and China, with a combined 65% share of global consumption. These countries were followed by Thailand, Pakistan, Mexico, Australia, the United States and Indonesia, which together accounted for a further 17%.

What are the largest producers of sugar cane in the world?

The countries with the highest volumes of production in 2021 were Brazil, India and China, together comprising 65% of global production. Thailand, Pakistan, Mexico, Australia, the United States and Indonesia lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of sugar cane to Cuba?

In value terms, China constitutes the largest market for imported sugar cane into Cuba.

What are the leading importers of sugar cane from Cuba?

In value terms, the largest sugar cane supplying countries from Cuba were Lao People's Democratic Republic, Myanmar and Malaysia, with a combined 84% share of total exports.

This report provides an in-depth analysis of the sugar cane 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 156 - Sugar cane

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, HARVESTED AREA 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. Area Harvested, 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