Imported from Mexico, Spain, the United States and even faraway Ukraine, the product is disappearing in Holguín.

14ymedio, Miguel García, Holguín, 12 March 2025 — Cooking oil is a dominating presence in the nation’s culinary scene. If there is a lot left in the home cook’s bottle, all is good. But if it’s only a smidgen, things get tense. Vegetable oil is the key determinant of the cost of a meal in Cuba, hence the concern over the rising price in recent weeks despite the government’s attempts to control the it.
Given the heavy emphasis on meat and fried foods in Cuban cuisine, cooking oil represents a significant expense for Cuban families. Prices for the most common cooking oils— soy, sunflower and canola — at privately owned small and medium sized businesses (MSMEs) have risen nearly 20% since the beginning of the year. This dramatic price increase is being felt, with slight variations, throughout the country.
From January till today, the price of a liter of oil has risen from 820 pesos to 980 pesos at privately owned shops in the city of Holguín. Meanwhile, cooking oil is notably absent at government-run ration stores.
Outside the privately owned Dos Hermanos (Two Brothers) store here in Holguín, the hot topic on Tuesday was the rising price for a food item imported largely from Mexico, Spain, the United States and even faraway Ukraine.
In my house we have to buy at least three bottles every month, so I end up spending all my pension just on that”
“At this rate, it’ll cost 1,000 pesos by Spring break [in April],” predicted one customer, who fears that the vacation period will lead to a higher continue reading
Looking for ways to reduce consumption, some people mill around outside the MSME, exchanging recipes that require less cooking oil. “My daughter bought me an air fryer that makes food crispy while using almost no oil but the problem is the blackouts,” said one elderly man. “I got some nice potatoes yesterday but they’re the kind that are very absorbent and soak up a lot of oil.”
In July the government lifted import tariffs on six basic products — chicken, powdered milk, cooking oil, sausages, pasta, and powdered detergent — while also imposing price caps on them. The price of a liter of oil was capped at 990 pesos. (Olive oil was exempted.) Subsequently, the price began to fall until December, when it reached 750 pesos at Holguín’s privately owned markets.

No sooner had the year started, however, than the price of oil began to rise. The reasons for this are hard to pinpoint in a country where the economic crisis has impacted every aspect of daily life, especially food costs. “We used to buy it wholesale from a private distributor which imported it by the container-load, says a Holguín vendor who has a stall in the city’s downtown. The man, who prefers to remain anonymous, claims that, since government measures to “reorganize” the private sector took effect in August, the variety and quantity of merchandise his suppliers provide has declined.
The regulations include restrictions on private wholesale transactions, the phase-out of tax exemptions and higher taxes. “Two MSMEs that used to sell us oil have stopped importing it because they now have to go through government channels. They say it’s not profitable, not only because of the price but because it now takes longer to get it from the ports to them. By then, it’s too late,” he explaims.
I can’t risk losing my license because a lot of my family’s money is invested in this little store”
“Right now our profit margin on cooking oil is very low. Customers complain that the price has gone up but it has gotten more expensive for us too. What we do now is suggest vegetable shortening as an alternative but it’s not as popular because it’s not suitable for every kind of food. Plus, it’s expensive and doesn’t last as long.” He predicts that, given how close its price is to the government’s 990-peso per liter limit, “it [too] will become less available.”
The owner of another store attributes the rise in cooking oil prices to the current dollar exchange rate on the informal market. Trading at 345 Cuban pesos as of Wednesday, the US currency is essential for purchasing products on the international market. “Right now, a liter of oil — once it is delivered to Cuba — is costing us $2.50 a bottle based on the small quantities we buy. That is more than 860 pesos at the current exchange rate, ” she explains. “On top of that, there are transportation costs and other expenses to get it here.”
Rather than violate the 990-peso price cap, the owner of a small shop opts not to sell it at all. “I can’t risk losing my license because I have a lot of my family’s money invested in this little store,” she explains. If the supply of vegetable oil decreases, Cuban kitchens will be turning out a lot fewer French fries, malanga fritters, and “tostones” than they once did.
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