Report Update Apr 1, 2024

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

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Cuba: Tomato Market 2024

Tomato Market Size in Cuba

After three years of decline, the Cuban tomato market increased by 28% to $X in 2021. Over the period under review, consumption, however, recorded a mild shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Tomato Production in Cuba

In value terms, tomato production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 76% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

In 2021, the average tomato yield in Cuba was estimated at X tons per ha, picking up by 4% compared with the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 37% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average tomato 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.

The tomato harvested area in Cuba skyrocketed to X ha in 2021, growing by 28% on the previous year. Over the period under review, the harvested area, however, saw a perceptible downturn. Over the period under review, the harvested area dedicated to tomato production attained the maximum at X ha in 2013; however, from 2014 to 2021, the harvested area stood at a somewhat lower figure.

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Tomato Exports

Exports from Cuba

For the ninth year in a row, Cuba recorded decline in shipments abroad of tomatoes, which decreased by -11.1% to X kg in 2021. Overall, exports saw a precipitous decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tomato exports declined sharply to $X in 2021. Over the period under review, exports saw a precipitous contraction. The smallest decline of -19.4% was in 2020. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for tomato exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -46.7%.

In value terms, Canada ($X) also remains the key foreign market for tomato exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -45.1%.

Export Prices by Country

The average tomato export price stood at $X per ton in 2021, reducing by -10% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2013 an increase of 45%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +3.0% per year.

Tomato Imports

Imports into Cuba

After three years of decline, supplies from abroad of tomatoes increased by 100% to X tons in 2021. In general, imports saw a strong expansion. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, tomato imports surged to $X in 2021. Over the period under review, imports posted a remarkable increase. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Colombia (X tons) was the main tomato supplier to Cuba, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Colombia amounted to +7.6%.

In value terms, Colombia ($X) constituted the largest supplier of tomato to Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia totaled +8.3%.

Import Prices by Country

In 2021, the average tomato import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 1.3% against the previous year. The import price peaked in 2021 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 Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +0.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomatoes in the world?

The country with the largest volume of tomato consumption was China, accounting for 34% of total volume. Moreover, tomato consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by the United States, with a 7.5% share.

What are the largest producers of tomatoes in the world?

The country with the largest volume of tomato production was China, comprising approx. 34% of total volume. Moreover, tomato production in China exceeded the figures recorded by the second-largest producer, India, threefold. Turkey ranked third in terms of total production with a 7% share.

What are the leading suppliers of tomatoes to Cuba?

In value terms, Colombia constituted the largest supplier of tomato to Cuba.

What are the leading importers of tomatoes from Cuba?

In value terms, Canada $20) remains the key foreign market for tomato exports from Cuba.

What is the average export price for tomatoes in Cuba?

The average tomato export price stood at $2,500 per ton in 2021, which is down by -10% against the previous year.

What is the average import price for tomatoes in Cuba?

The average tomato import price stood at $1,700 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the tomato 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 388 - Tomatoes, fresh

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