Haiti: Honey Market 2020

Honey Market Size in Haiti

The revenue of the honey market in Haiti amounted to $X in 2018, reducing by -X% against the previous year. Overall, honey consumption continues to indicate a drastic setback. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the honey market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Honey Production in Haiti

In value terms, honey production stood at $X in 2018 estimated in export prices. In general, honey production continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, honey production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Honey Exports

Exports from Haiti

In 2018, the amount of honey exported from Haiti amounted to X kg, going up by X% against the previous year. Overall, honey exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, honey exports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, honey exports stood at $X in 2018. Overall, honey exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, honey exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X tons), distantly followed by Ukraine (X tons), Argentina (X tons), India (X tons), Vietnam (X tons) and Mexico (X tons) were the main exporters of honey, together constituting X% of total exports. The following exporters - Brazil (X tons), Germany (X tons), Hungary (X tons), Spain (X tons), Belgium (X tons) and Canada (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Haiti, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Argentina ($X) and Ukraine ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports.

Ukraine experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The honey export price in Haiti stood at $X per ton in 2018, remaining stable against the previous year. In general, the honey export price continues to indicate a drastic decline. Haiti export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

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

Honey Imports

Imports into Haiti

In 2018, the amount of honey imported into Haiti totaled X tons, going down by -X% against the previous year. In general, honey imports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Haiti imports peaked at X tons in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, honey imports stood at $X in 2018. In general, honey imports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, honey imports attained their peak figure at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons) was the major importer of honey, generating X% of total imports. Germany (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%), Japan (X%), France (X%) and Spain (X%). Italy (X tons), Poland (X tons), Belgium (X tons), Saudi Arabia (X tons), China (X tons) and the Netherlands (X tons) occupied a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to honey imports into the U.S. stood at +X%. At the same time, China (+X%), Poland (+X%), Belgium (+X%), Spain (+X%), Italy (+X%), Saudi Arabia (+X%), the Netherlands (+X%), the UK (+X%), France (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Poland (+X p.p.), Spain (+X p.p.), the UK (+X p.p.), Italy (+X p.p.), Belgium (+X p.p.), China (+X p.p.) and France (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest honey importing markets into Haiti were the U.S. ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. France, the UK, Italy, China, Spain, Saudi Arabia, Belgium, Poland, the Netherlands and Haiti lagged somewhat behind, together accounting for a further X the main importing countries, China recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the honey import price in Haiti amounted to $X per ton, going up by X% against the previous year. Overall, the honey import price continues to indicate a strong increase. The growth pace was the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for honey attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

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

Source: IndexBox Platform