Haiti: Overview of the Market for Cotton Lint 2019

Market Size for Cotton Lint in Haiti

The revenue of the market for cotton lint in Haiti amounted to $X in 2018, rising by X% against the previous year. In general, consumption of cotton lint, however, continues to indicate a pronounced drop. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, the market for cotton lint and cotton seed attained its peak level of $X. From 2012 to 2018, the growth of the market for cotton lint and cotton seed remained at a somewhat lower figure.

Production of Cotton Lint in Haiti

In value terms, production of cotton lint totaled $X in 2018 estimated in export prices. Overall, production of cotton lint continues to indicate a temperate downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, production of cotton lint reached its peak level of $X. From 2012 to 2018, production of cotton lint growth remained at a lower figure.

Exports of Cotton Lint

Exports by Country

In 2018, the U.S. (X tonnes) was the largest exporter of cotton lint, committing X% of total exports. It was distantly followed by India (X tonnes), Australia (X tonnes) and Brazil (X tonnes), together achieving a X% share of total exports. Greece (X tonnes) and Nigeria (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of cotton lint exports. At the same time, Nigeria (+X%), Australia (+X%), Brazil (+X%) and Greece (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. India experienced a relatively flat trend pattern. While the share of Australia (+X p.p.), Brazil (+X p.p.) and the U.S. (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest cotton lint and cotton seed supplier from Haiti, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

In the U.S., exports of cotton lint increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Australia (+X% per year).

Export Prices by Country

The export price for cotton lint in Haiti stood at $X per tonne in 2018, approximately reflecting the previous year. In general, the export price for cotton lint 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 India ($X per tonne), while Nigeria ($X per tonne) was amongst the lowest.

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

Imports of Cotton Lint

Imports into Haiti

In 2018, the imports of cotton lint into Haiti stood at X tonnes, jumping by X% against the previous year. Overall, imports of cotton lint, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports of cotton lint reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, imports of cotton lint amounted to $X in 2018. In general, imports of cotton lint, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. In that year, imports of cotton lint attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Viet Nam (X tonnes), China (X tonnes), Turkey (X tonnes), Bangladesh (X tonnes), Indonesia (X tonnes), Pakistan (X tonnes) and India (X tonnes) were the key importers of cotton lint in the world, committing X% of total import. Thailand (X tonnes), Mexico (X tonnes), South Korea (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X), China ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

Viet Nam recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the import price for cotton lint in Haiti amounted to $X per tonne, falling by -X% against the previous year. In general, the import price for cotton lint, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. In that year, the import prices for cotton lint attained their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the import prices for cotton lint remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in India ($X per tonne) and Bangladesh ($X per tonne), while Taiwan, Chinese ($X per tonne) and Mexico ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform