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Cuba - Stuffed Pasta and Couscous - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Pasta And Couscous Market 2024
Pasta And Couscous Market Size in Cuba
The Cuban pasta and couscous market contracted to $X in 2021, with a decrease of -3.5% against the previous year. Over the period under review, consumption, however, recorded tangible growth. Pasta and couscous consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.
Pasta And Couscous Production in Cuba
In value terms, pasta and couscous production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of 115%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.
Pasta And Couscous Exports
Exports from Cuba
In 2020, the amount of stuffed pasta and couscous exported from Cuba amounted to X kg, remaining constant against the previous year. In general, exports saw a sharp contraction. The smallest decline of -32.6% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.
In value terms, pasta and couscous exports totaled $X in 2020. Overall, exports faced a precipitous curtailment. The smallest decline of -27% was in 2016. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Honduras (X kg) was the main destination for pasta and couscous exports from Cuba, accounting for a approx. 100% share of total exports.
From 2012 to 2020, the average annual growth rate of volume to Honduras was relatively modest.
From 2012 to 2020, the average annual rate of growth in terms of value to Honduras was relatively modest.
Export Prices by Country
The average pasta and couscous export price stood at $X per ton in 2020, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 39%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2020, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2012 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Pasta And Couscous Imports
Imports into Cuba
In 2021, purchases abroad of stuffed pasta and couscous decreased by -19.3% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2014 with an increase of 250% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, pasta and couscous imports dropped to $X in 2021. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 165%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Spain (X tons), China (X tons) and Italy (X tons) were the main suppliers of pasta and couscous imports to Cuba, together accounting for 89% of total imports. Panama lagged somewhat behind, comprising a further 8.4%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +51.1%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Spain ($X), China ($X) and Italy ($X) appeared to be the largest pasta and couscous suppliers to Cuba, with a combined 87% share of total imports. Panama lagged somewhat behind, comprising a further 8.6%.
Panama, with a CAGR of +42.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average pasta and couscous import price stood at $X per ton in 2021, with an increase of 9.8% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Spain ($X per ton), while the price for Italy ($X per ton) and Panama ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pasta and couscous 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:
- Prodcom 10731200 - Couscous
- Prodcom 10851410 - Cooked or uncooked pasta stuffed with meat, fish, cheese or other substances in any proportion
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
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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