Global markets: Rice – weak haitian demand dampens U.S. export prospects
쌀
아이티
미국
게시됨 2021년 12월 11일
Tridge 요약
Rice is a significant part of the Haitian diet, but Haiti is dependent on imported rice to supplement higher-priced domestic rice. In 2020, imported rice accounted for 85 percent of consumption in Haiti. However, imports are down so far this year and are expected to be the lowest in several years. This past year, Haiti has had significant political, security, and economic challenges, which in turn have affected rice trade.
원본 콘텐츠
Exports to the country remain weak as exporters and the companies that provide insurance for shipments to Haiti weigh the risks of shipping there. Importers are only bringing in the bare minimum of what is needed, causing Haiti rice stocks to tighten and prices to surge. The situation in Haiti has also had a significant impact on U.S. rice exports to Haiti, (Jan-Oct 2021) which are down 12 percent compared with the prior year. November U.S. exports were sluggish and outstanding sales are low compared with recent years according to U.S. Export Sales. Haiti is mostly supplied by U.S. rice and is the largest U.S. milled rice market. However, U.S. exports face increased competition from other suppliers such as Brazil, Uruguay, and Taiwan, particularly in 2020. In 2021, U.S. suppliers have regained more market share, but competitors continue to supply the market. Because Haiti is so significant as a trading partner, the lower total imports by Haiti and loss of market share there are ...