What is the price of coffee per kilogram/pound in Cuba today?
The retail price range for Cuba coffee is between US$ 12.75 and US$ 23.55 per kilogram or between US$ 5.78 and US$ 10.68 per pound(lb). Click here to see today's exact prices of coffee in Cuba
The retail price range in Peso Convertible for coffee is between CUP 305.85 and CUP 564.85 per kilogram or between CUP 138.71 and CUP 256.17 per pound(lb) in Havana and Santiago de Cuba.
Wholesale prices
In 2024, the approximate wholesale price range for Cuba coffee is between US$ 8.93 and US$ 16.48 per kilogram or between US$ 4.05 and US$ 7.48 per pound(lb).
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Cuba Coffee Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee from Cuba over the last five years has seen a significant decrease. In 2016, the export price was 5.24 US $ per kg, which increased slightly to 5.34 US $ per kg in 2017. However, in 2018, the export price dropped to 4.52 US $ per kg and has remained at 0.00 US $ per kg since 2019. Based on this trend, it is likely that the export price of Coffee from Cuba will remain at 0.00 US $ per kg in 2023 and 2024.The exports of coffee from Cuba are categorised as:
- Coffee (excluding roasted and decaffeinated) (HS code 090111)
- Roasted, decaffeinated coffee (HS code 090122)
- Roasted coffee (excluding decaffeinated) (HS code 090121)
- Decaffeinated coffee (excluding roasted) (HS code 090112)
Cuba Coffee Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee into Cuba over the last five years has been relatively stable. In 2016, the price was 5.24 US dollars per kg, and this increased slightly to 5.34 US dollars per kg in 2017. However, in 2018, the price dropped to 4.52 US dollars per kg. Unfortunately, the price of Coffee into Cuba has been zero for the last two years, 2019 and 2020. Looking ahead, it is likely that the price of Coffee into Cuba will remain at zero for 2021. However, based on the data from the last five years, it is likely that the price of Coffee into Cuba will increase in 2023 and 2024, with an estimated price of 5.24 US dollars per kg in 2023 and 5.34 US dollars per kg in 2024.Export values for Cuba coffee
The total values in export for coffee in Cuba were US$ 5,169, US$ 5,253, US$ 6,079 and US$ 7,263 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cuba: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Green Tea, Black Tea & Yerba mate.
See prices of coffee in other countries across Caribbean: Aruba coffee, Bahamas coffee, Barbados coffee, Cuba coffee, Dominican Republic coffee, Grenada coffee, Guadeloupe coffee, Haiti coffee, Jamaica coffee & Martinique coffee.
Cuba coffee - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cuba exported 1,328 tonnes of coffee. For the year 2019 alone, the market for Cuba coffee (processed category) has decreased, with a change of -1.264 pc compared to the year 2018. Between 2017 and 2019, coffee's exports went up by 35.1% earning the exporter US$7.26m for the year 2019. Cuba's coffee exports are categorised as:
- Roasted coffee (excluding decaffeinated) (HS code 090121)
- Decaffeinated coffee (excluding roasted) (HS code 090112)
- Coffee (excluding roasted and decaffeinated) (HS code 090111)
- Roasted, decaffeinated coffee (HS code 090122)
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Cuba coffee export values
In 2019, Cuba supplied coffee worth 7.26m USD, a surge of 19.43% from 2018's total coffee export of 6.079m USD. The annual increase in value of Cuba coffee between 2017 to 2018 was 15.724 per cent.
The annual/yearly change in the amount of Cuba's coffee exports between 2017 and 2019 was 35.1% in comparison to a variation of -1.264% in the period between 2018 and 2019.
Export markets for Cuba coffee ( in '000$ )
Cuba's best performing destinations for coffee are Belgium, Japan, Russia, Italy and United Kingdom (UK).
Cuba purchased 1,586 tonnes of coffee in 2019.
Production
The production of coffee in Cuba was 21,456 tonnes in 2019 and is projected to change by an average of -7.93%. The country had an estimated 66,324.00 hectares under coffee cultivation.