Report Update Apr 1, 2024

Cuba - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Cuba

The Cuban chocolate bar with filling market declined to $X in 2021, with a decrease of -14.5% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Chocolate Bars With Fillings in Cuba

In value terms, chocolate bar with filling production shrank to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 72%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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Exports of Chocolate Bars With Fillings

Exports from Cuba

For the third consecutive year, Cuba recorded decline in overseas shipments of chocolate bars with fillings, which decreased by -86.4% to X kg in 2016. Over the period under review, exports showed a dramatic shrinkage. The smallest decline of -63.2% was in 2014. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2016, the exports failed to regain momentum.

In value terms, chocolate bar with filling exports declined markedly to $X in 2016. In general, exports continue to indicate a sharp descent. The smallest decline of -69.7% was in 2015. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

Exports by Country

From 2013 to 2020, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2013 to 2020, the average annual rate of growth in terms of value to No country was relatively modest.

Export Prices by Country

The average chocolate bar with filling export price stood at $X per ton in 2016, declining by -32.4% against the previous year. Over the period under review, the export price showed a dramatic contraction. The growth pace was the most rapid in 2015 when the average export price decreased by -17.6% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2016, 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 Tajikistan.

From 2013 to 2016, the rate of growth in terms of prices for Angola amounted to -14.3% per year.

Imports of Chocolate Bars With Fillings

Imports into Cuba

In 2021, overseas purchases of chocolate bars with fillings were finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of 284% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, chocolate bar with filling imports soared to $X in 2021. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 418%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Panama (X tons) constituted the largest supplier of chocolate bar with filling to Cuba, accounting for a 49% share of total imports. Moreover, chocolate bar with filling imports from Panama exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Costa Rica (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Panama amounted to +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-15.1% per year) and Costa Rica (-18.5% per year).

In value terms, Panama ($X) constituted the largest supplier of chocolate bars with fillings to Cuba, comprising 51% of total imports. The second position in the ranking was held by Brazil ($X), with a 9.6% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Panama stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-12.5% per year) and the United States (-27.1% per year).

Import Prices by Country

In 2021, the average chocolate bar with filling import price amounted to $X per ton, picking up by 6.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2016 an increase of 35%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), 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 chocolate bars with fillings in the world?

The country with the largest volume of chocolate bar with filling consumption was China, comprising approx. 18% of total volume. Moreover, chocolate bar with filling consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of chocolate bars with fillings in the world?

The country with the largest volume of chocolate bar with filling production was China, accounting for 18% of total volume. Moreover, chocolate bar with filling production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7% share.

What are the leading suppliers of chocolate bars with fillings to Cuba?

In value terms, Panama constituted the largest supplier of chocolate bars with fillings to Cuba, comprising 51% of total imports. The second position in the ranking was held by Brazil, with a 9.6% share of total imports. It was followed by the United States, with an 8.7% share.

What is the average export price for chocolate bars with fillings in Cuba?

The average chocolate bar with filling export price stood at $2,568 per ton in 2016, with a decrease of -32.4% against the previous year.

What is the average import price for chocolate bars with fillings in Cuba?

In 2021, the average chocolate bar with filling import price amounted to $6,126 per ton, surging by 6.4% against the previous year.

This report provides an in-depth analysis of the market for chocolate bar with filling 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 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023