What is the price of sugar per kilogram/pound in Cuba today?
The retail price range for Cuba sugar is between US$ 0.79 and US$ 1.67 per kilogram or between US$ 0.36 and US$ 0.76 per pound(lb). Click here to see today's exact prices of sugar in Cuba
The retail price range in Peso Convertible for sugar is between CUP 18.88 and CUP 40.12 per kilogram or between CUP 8.56 and CUP 18.20 per pound(lb) in Havana and Santiago de Cuba.
Wholesale prices
In 2024, the approximate wholesale price range for Cuba sugar is between US$ 0.55 and US$ 1.17 per kilogram or between US$ 0.25 and US$ 0.53 per pound(lb).
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Cuba Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar from Cuba over the last five years has been quite varied. In 2016, the price per kilogram was 0.33 US dollars. This increased to 0.41 US dollars in 2017, before dropping to 0.31 US dollars in 2018. Unfortunately, the price of sugar from Cuba dropped to 0.00 US dollars in both 2019 and 2020, and remains at 0.00 US dollars in 2021. Based on this data, it is likely that the export price of sugar from Cuba will remain at 0.00 US dollars in 2023 and 2024.The exports of sugar from Cuba are categorised as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
Cuba Sugar Import Prices - Historical, Trends and Prediction
The import price of sugar into Cuba over the last five years has been quite varied. In 2016, the price per kilogram was 0.33 US dollars. This increased to 0.41 US dollars in 2017, before dropping to 0.31 US dollars in 2018. Unfortunately, the price of sugar dropped to 0.00 US dollars in both 2019 and 2020, before remaining at 0.00 US dollars in 2021. Based on this data, it is likely that the price of sugar will remain at 0.00 US dollars in 2023 and 2024.Export values for Cuba sugar
The total values in export for sugar in Cuba were US$ 346,839, US$ 468,001, US$ 179,603 and US$ 235,156 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, Coffee, Green Tea & Black Tea.
See prices of sugar in other countries across Caribbean: Aruba sugar, Bahamas sugar, Barbados sugar, Cuba sugar, Dominican Republic sugar, Grenada sugar, Guadeloupe sugar, Haiti sugar, Jamaica sugar & Martinique sugar.
Cuba sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cuba sold 653,166 tonnes of sugar. Across 2019 alone, the interest in Cuba sugar (processed category) has improved, changing by 13.6 percent compared to the year 2018. Between 2017 and 2019, sugar's exports went down by -42.56 pc earning the exporter US$235.16m for the year 2019. Cuba's sugar exports are classified as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
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Cuba sugar export values
In 2019, Cuba exported sugar worth 235.16m USD, an improvement of 30.93% from 2018's total sugar export of 179.603m USD. The yearly increase in value of Cuba sugar between 2017 to 2018 was -61.623 pc.
The annual change in the quantity of Cuba's sugar exports between 2017 and 2019 was -42.56 per cent in comparison to a variation of 13.6% in the period between 2018 and 2019.
Export markets for Cuba sugar ( in '000$ )
Cuba's best performing destinations for sugar are the Netherlands, Portugal, Uzbekistan, Spain and Czech Republic.
Cuba imported 0 tonnes of sugar in 2019.