Cuba: Watermelon Market 2024

Watermelon Market Size in Cuba

In 2021, the Cuban watermelon market increased by 11% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Watermelon consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Watermelon Production in Cuba

In value terms, watermelon production stood at $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.1% against 2019 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 38%. Watermelon production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

In 2021, the average watermelon yield in Cuba contracted modestly to X tons per ha, reducing by -1.6% on the year before. The yield figure increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Over the period under review, the average watermelon yield reached the maximum level at X tons per ha in 2020, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of watermelons production in Cuba expanded sharply to X ha, picking up by 11% against the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 23%. Over the period under review, the harvested area dedicated to watermelon production attained the maximum at X ha in 2016; however, from 2017 to 2021, the harvested area remained at a lower figure.

Watermelon Exports

Exports from Cuba

Watermelon exports from Cuba was estimated at X kg in 2019, approximately mirroring 2018. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, watermelon exports amounted to $X in 2019. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in the immediate term.

Exports by Country

The Czech Republic (X kg) was the main destination for watermelon exports from Cuba, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to the Czech Republic was relatively modest.

From 2015 to 2019, the average annual growth rate of value to the Czech Republic was relatively modest.

Export Prices by Country

In 2019, the average watermelon export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2019 and is expected to retain growth in the near future.

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

From 2015 to 2019, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Watermelon Imports

Imports into Cuba

In 2021, overseas purchases of watermelons increased by 0.9% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a notable expansion. The growth pace was the most rapid in 2019 with an increase of 394%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, watermelon imports reached $X in 2021. Over the period under review, imports, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 473% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Costa Rica (X tons) was the main supplier of watermelon to Cuba, with a 93% share of total imports. Moreover, watermelon imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Colombia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Costa Rica stood at +10.8%.

In value terms, Costa Rica ($X) constituted the largest supplier of watermelon to Cuba, comprising 87% of total imports. The second position in the ranking was held by Colombia ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Costa Rica stood at +8.5%.

Import Prices by Country

In 2021, the average watermelon import price amounted to $X per ton, increasing by 11% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 33%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (-2.1%).

Source: IndexBox Platform

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