Avocado Market Overview in Haiti
In value terms, avocado production dropped to $ in estimated in export prices. In general, production saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. As a result, production attained the peak level of $. from 2019 to , production growth remained at a lower figure.
In , the average yield of avocados in Haiti reduced to tonnes per ha, therefore, remained relatively stable against 2019. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of % y-o-y. Over the period under review, the average avocado yield reached the peak level at tonnes per ha in 2007; however, from 2008 to , the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the total area harvested in terms of avocados production in Haiti reached ha, growing by % on the previous year. Over the period under review, the harvested area showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the harvested area increased by % y-o-y. Over the period under review, the harvested area dedicated to avocado production attained the maximum in and is likely to see steady growth in the immediate term.
The value of the avocado market in Haiti rose modestly to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a strong increase. The pace of growth was the most pronounced in 2018 with an increase of % against the previous year. As a result, consumption attained the peak level of $. from 2019 to , the growth of the market failed to regain the momentum.