Haiti: Cassava Market 2020

Cassava Market Size in Haiti

The revenue of the cassava market in Haiti amounted to $X in 2018, remaining relatively unchanged against the previous year. Overall, the total market indicated slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cassava consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. In that year, the cassava market attained its peak level of $X. From 2010 to 2018, the growth of the cassava market remained at a lower figure.

Cassava Production in Haiti

In value terms, cassava production stood at $X in 2018 estimated in export prices. Over the period under review, cassava production continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. In that year, cassava production attained its peak level of $X. From 2010 to 2018, cassava production growth failed to regain its momentum.

Average yield of cassava in Haiti stood at X ton per ha in 2018, leveling off at the previous year. Over the period under review, the cassava yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the cassava yield reached its peak figure level in 2018 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of cassava in Haiti stood at X ha, approximately equating the previous year. In general, the cassava harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when harvested area increased by X% y-o-y. In that year, the cassava harvested area reached its peak level of X ha. From 2015 to 2018, the growth of the cassava harvested area remained at a somewhat lower figure.

Cassava Exports

Exports by Country

Thailand was the largest exporter of cassava in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2018. It was distantly followed by Cambodia (X tons), comprising a X% share of total exports. The following exporters - Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to cassava exports from Thailand stood at +X%. At the same time, Lao People's Democratic Republic (+X%) and Cambodia (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Costa Rica experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. While the share of Thailand (+X p.p.), Cambodia (+X p.p.) and Lao People's Democratic Republic (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest cassava supplier from Haiti, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

In Thailand, cassava exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

The cassava export price in Haiti stood at $X per ton in 2018, leveling off at the previous year. In general, the cassava export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for cassava attained their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Cassava Imports

Imports into Haiti

In 2018, the imports of cassava into Haiti totaled X tons, growing by X% against the previous year. Over the period under review, cassava imports continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Haiti imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, cassava imports amounted to $X in 2018. Over the period under review, cassava imports continue to indicate outstanding growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Haiti imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

China prevails in cassava imports structure, accounting for X tons, which was approx. X% of total imports in 2018. South Korea (X tons) took a little share of total imports.

China was also the fastest-growing in terms of the cassava imports, with a CAGR of +X% from 2007 to 2018. South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while South Korea (-X p.p.) saw their share reduced.

In value terms, China ($X) constitutes the largest market for imported cassava into Haiti, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports.

In China, cassava imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Haiti (+X% per year).

Import Prices by Country

The cassava import price in Haiti stood at $X per ton in 2018, going up by X% against the previous year. Overall, the cassava import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, the import prices for cassava attained their maximum in 2018 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while South Korea totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform