Haiti: Maize Market 2020

Maize Market Size in Haiti

The revenue of the maize market in Haiti amounted to $X in 2018, falling by -X% against the previous year. In general, maize consumption continues to indicate a moderate increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Haiti maize consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Maize Production in Haiti

In value terms, maize production totaled $X in 2018 estimated in export prices. Over the period under review, maize production continues to indicate a prominent increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, maize production reached its maximum level at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

In 2018, the average yield of maize in Haiti totaled X kg per ha, remaining relatively unchanged against the previous year. Overall, the maize yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when yield increased by X% against the previous year. In that year, the maize yield reached its peak level of X kg per ha. From 2014 to 2018, the growth of the maize yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of maize production in Haiti amounted to X ha, waning by -X% against the previous year. Overall, the maize harvested area continues to indicate a measured shrinkage. The pace of growth was the most pronounced in 2013 when harvested area increased by X% against the previous year. The global maize harvested area peaked at X ha in 2011; however, from 2012 to 2018, harvested area failed to regain its momentum.

Maize Exports

Exports from Haiti

In 2018, the amount of maize exported from Haiti stood at X tons, going up by X% against the previous year. In general, maize exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, maize exports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, maize exports amounted to $X in 2018. In general, maize exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, maize exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, the U.S. (X tons) represented the key exporter of maize, committing X% of total exports. Brazil (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%) and Ukraine (X%). The following exporters - France (X tons), Russia (X tons) and Romania (X tons) - each accounted for an X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to maize exports from the U.S. stood at +X%. At the same time, Ukraine (+X%), Romania (+X%), Russia (+X%), Brazil (+X%), Argentina (+X%) and France (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Brazil (+X p.p.), Ukraine (+X p.p.), the U.S. (+X p.p.), Argentina (+X p.p.), Romania (+X p.p.) and Russia (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest maize supplier from Haiti, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Argentina, 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 exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2018, the maize export price in Haiti amounted to $X per ton, dropping by -X% against the previous year. In general, the maize export price, however, continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. In that year, the export prices for maize attained their peak level of $X per ton. From 2017 to 2018, the growth in terms of the export prices for maize remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced a decline in the export price figures.

Maize Imports

Imports into Haiti

In 2018, the maize imports into Haiti totaled X tons, going down by -X% against the previous year. Overall, maize imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, maize imports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, maize imports amounted to $X in 2018. Overall, maize imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, maize imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Mexico (X tons) and Japan (X tons) represented the key importers of maizearound the world, together amounting to near X% of total imports. South Korea (X tons) took the next position in the ranking, followed by Vietnam (X tons), Spain (X tons), Iran (X tons) and Egypt (X tons). All these countries together occupied approx. X% share of total imports. The Netherlands (X tons), Italy (X tons), Colombia (X tons), Saudi Arabia (X tons) and Taiwan, Chinese (X tons) followed a long way behind the leaders.

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

In value terms, the largest maize importing markets into Haiti were Mexico ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports. Vietnam, Spain, Iran, Egypt, the Netherlands, Italy, Colombia, Taiwan, Chinese, Saudi Arabia and Haiti lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The maize import price in Haiti stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Overall, the maize import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2010 when the import price increased by X% year-to-year. In that year, the import prices for maize reached their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for maize remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform