Haiti: Goat Meat Market 2020

Goat Meat Market Size in Haiti

The revenue of the goat meat market in Haiti amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the goat meat market reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Goat Meat Production in Haiti

In value terms, goat meat production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated buoyant growth from 2007 to 2018: its value decreased 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, goat meat production increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Haiti goat meat production peaked in 2018 and is expected to retain its growth in the near future.

Goat Meat Exports

Exports by Country

Australia was the largest exporting country with an export of about X tons, which accounted for X% of total exports. Ethiopia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Kenya (X%) and China (X%). Spain (X tons), France (X tons), Tanzania (X tons), Sudan (X tons), Pakistan (X tons), Greece (X tons) and New Zealand (X tons) followed a long way behind the leaders.

Exports from Australia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Spain (+X%), Sudan (+X%), Kenya (+X%), Greece (+X%), Ethiopia (+X%), New Zealand (+X%) and Tanzania (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Pakistan (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Australia, Ethiopia, Kenya, Spain and Sudan increased by +X%, +X%, +X%, +X% and +X% percentage points, while Pakistan (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest goat meat supplier from Haiti, comprising X% of global exports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global exports. It was followed by China, with a X% share.

In Australia, goat meat 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: Ethiopia (+X% per year) and China (+X% per year).

Export Prices by Country

The goat meat export price in Haiti stood at $X per ton in 2018, remaining relatively unchanged against the previous year. In general, the goat meat export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Goat Meat Imports

Imports into Haiti

Goat meat imports into Haiti stood at X kg in 2018, picking up by X% against the previous year. Over the period under review, goat meat imports, however, continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, goat meat imports attained their peak figure at X tons in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, goat meat imports stood at $X in 2018. In general, goat meat imports, however, continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Haiti imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. represented the main importing country with an import of around X tons, which amounted to X% of total imports. The United Arab Emirates (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Oman (X%), Taiwan, Chinese (X%) and Canada (X%). Portugal (X tons), South Korea (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), Trinidad and Tobago (X tons) and Italy (X tons) held a little share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, South Korea (+X%), Vietnam (+X%), Portugal (+X%), Canada (+X%), the United Arab Emirates (+X%), Oman (+X%) and Trinidad and Tobago (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. China, Hong Kong SAR, Taiwan, Chinese and Saudi Arabia experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), the United Arab Emirates (+X p.p.), South Korea (+X p.p.), Canada (+X p.p.), Portugal (+X p.p.), Oman (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat into Haiti, comprising X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The goat meat import price in Haiti stood at $X per ton in 2018, declining by -X% against the previous year. In general, the goat meat import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Haiti import price peaked at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform