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Cuba - Animal or Vegetable Fertilisers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Market for Animal Or Vegetable Fertilisers 2024
Market Size for Animal Or Vegetable Fertilisers in Cuba
The Cuban animal or vegetable fertilisers market skyrocketed to $X in 2021, rising by 19% against the previous year. Over the period under review, consumption saw significant growth. Animal or vegetable fertilisers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Production of Animal Or Vegetable Fertilisers in Cuba
In value terms, animal or vegetable fertilisers production skyrocketed to $X in 2021 estimated in export price. Overall, production posted significant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 179% against the previous year. Animal or vegetable fertilisers production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Exports of Animal Or Vegetable Fertilisers
Exports from Cuba
In 2021, overseas shipments of animal or vegetable fertilisers decreased by -21.2% to X kg, falling for the fifth consecutive year after three years of growth. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2016 with an increase of 145% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, animal or vegetable fertilisers exports fell sharply to $X in 2021. Overall, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2016 with an increase of 219%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
France (X kg) was the main destination for animal or vegetable fertilisers exports from Cuba, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to France amounted to -32.9%.
In value terms, France ($X) also remains the key foreign market for animal or vegetable fertilisers exports from Cuba.
From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -30.2%.
Export Prices by Country
In 2021, the average animal or vegetable fertilisers export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price 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, animal or vegetable fertilisers export price increased by +40.5% against 2015 indices. The growth pace was the most rapid in 2013 an increase of 127%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2021, the rate of growth in terms of prices for France amounted to +4.1% per year.
Imports of Animal Or Vegetable Fertilisers
Imports into Cuba
For the fifth consecutive year, Cuba recorded growth in purchases abroad of animal or vegetable fertilisers, which increased by 62% to X tons in 2021. In general, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 with an increase of 913% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
In value terms, animal or vegetable fertilisers imports surged to $X in 2021. Overall, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 200%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Chile (X tons) constituted the largest animal or vegetable fertilisers supplier to Cuba, with a 68% share of total imports. Moreover, animal or vegetable fertilisers imports from Chile exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Chile stood at +109.0%.
In value terms, Chile ($X) and Mexico ($X) were the largest animal or vegetable fertilisers suppliers to Cuba.
Chile, with a CAGR of +170.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average animal or vegetable fertilisers import price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 3,829%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per ton), while the price for Chile totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+29.5%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for animal or vegetable fertilisers 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:
- Prodcom 20158000 - Animal or vegetable fertilisers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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