Report Update Apr 1, 2024

Cuba - Onion (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Dry Onion Market 2024

Dry Onion Market Size in Cuba

The Cuban dry onion market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, continues to indicate a abrupt decrease. Dry onion consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Dry Onion Production in Cuba

In value terms, dry onion production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible decline. Dry onion production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

In 2021, the average yield of dry onions in Cuba skyrocketed to X tons per ha, increasing by 18% on 2020. In general, the yield, however, saw a noticeable decline. The dry onion yield peaked at X tons per ha in 2015; however, from 2016 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of dry onions in Cuba rose remarkably to X ha, with an increase of 6.2% against the previous year. Over the period under review, the harvested area, however, recorded a noticeable setback. The growth pace was the most rapid in 2013 with an increase of 27%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2021, the growth of the dry onion harvested area remained at a somewhat lower figure.

Dry Onion Exports

Exports by Country

Ghana (X tons) was the main destination for dry onion exports from Cuba, accounting for a approx. 100% share of total exports.

From 2013 to 2013, the average annual rate of growth in terms of volume to Ghana was relatively modest.

From 2013 to 2013, the average annual growth rate of value to Ghana was relatively modest.

Dry Onion Imports

Imports into Cuba

In 2021, supplies from abroad of dry onions decreased by -53.7% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports showed a significant decrease. The pace of growth was the most pronounced in 2016 when imports increased by 67%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, dry onion imports declined dramatically to $X in 2021. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 79% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Chile (X tons) and Canada (X tons) were the main suppliers of dry onion imports to Cuba, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of -11.4%), while imports for the other leaders experienced a decline.

In value terms, the largest dry onion suppliers to Cuba were Chile ($X), Canada ($X) and the Netherlands ($X), together accounting for 84% of total imports.

Canada, with a CAGR of -6.8%, 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 a decline.

Import Prices by Country

The average dry onion import price stood at $X per ton in 2021, which is down by -23.2% against the previous year. In general, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 84% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Colombia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+67.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dry onions in the world?

The countries with the highest volumes of consumption in 2021 were China, India and the United States, with a combined 48% share of global consumption. Egypt, Bangladesh, Turkey, Japan, Sudan, South Korea, Iran, Russia, Indonesia and Pakistan lagged somewhat behind, together accounting for a further 19%.

What are the largest producers of dry onions in the world?

The countries with the highest volumes of production in 2021 were India, China and the United States, with a combined 50% share of global production. Egypt, Turkey, Pakistan, Sudan, Iran, Bangladesh, Japan, South Korea, the Netherlands and Russia lagged somewhat behind, together comprising a further 19%.

What are the leading suppliers of dry onions to Cuba?

In value terms, Chile, Canada and the Netherlands were the largest dry onion suppliers to Cuba, together comprising 84% of total imports.

What is the average import price for dry onions in Cuba?

The average dry onion import price stood at $418 per ton in 2021, declining by -23.2% against the previous year.

This report provides an in-depth analysis of the dry onion 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 402 - Onions, shallots (green)
FCL 403 - Onions, dry

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