Definition:
The Vegetables market covers fresh, frozen, and processed edible plants that are bought and consumed for nutrient-based purposes.
Structure:
The market consists of 2 different submarkets:
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Vegetables Market in Haiti is experiencing subdued growth, influenced by factors such as limited access to fresh produce, challenges in supply chain logistics, and fluctuating consumer preferences for convenience and processed options in food consumption.
Customer preferences: Consumers in Haiti are increasingly prioritizing locally-sourced and organic vegetables, driven by a growing awareness of health and nutrition. This shift is influenced by cultural values emphasizing traditional diets and community-supported agriculture. Additionally, younger demographics are embracing plant-based diets, leading to a rise in demand for fresh, unprocessed produce. The trend towards convenience is also evident, as urban residents seek accessible markets and delivery services. These changes reflect evolving lifestyles that value health, sustainability, and community engagement in food choices.
Trends in the market: In Haiti, the vegetables market is experiencing a notable shift towards locally-sourced and organic produce, reflecting a heightened consumer awareness of health and nutrition. This trend is particularly evident among younger populations, who are increasingly adopting plant-based diets, thereby boosting the demand for fresh vegetables. Furthermore, urbanization has led to a growing preference for accessible markets and convenient delivery services. These trends underline a significant cultural movement towards sustainability and community engagement, compelling stakeholders—farmers, retailers, and policymakers—to adapt their strategies to meet evolving consumer preferences and ensure food security.
Local special circumstances: In Haiti, the vegetables market is shaped by unique geographical and cultural factors that influence consumer behavior. The country's diverse climate allows for a variety of crops to be grown year-round, supporting local farmers and enhancing the appeal of fresh produce. Culturally, there is a strong tradition of communal farming and local markets, fostering a sense of community and sustainability. Additionally, regulatory challenges, such as import restrictions on foreign vegetables, have bolstered the demand for locally-sourced options, driving a shift towards organic practices and supporting food sovereignty initiatives.
Underlying macroeconomic factors: The vegetables market in Haiti is significantly influenced by overarching macroeconomic factors, including global economic trends, national economic stability, and fiscal policies. The fluctuating prices of agricultural inputs and global commodity markets can affect local production costs and ultimately consumer prices. Additionally, Haiti’s reliance on agricultural exports positions it within a global context, where demand for organic and locally-sourced products is rising. Government initiatives aimed at boosting agriculture, such as subsidies and investment in rural infrastructure, further support market growth. However, challenges such as inflation and currency depreciation can hinder purchasing power, affecting consumer access to fresh produce and market dynamics.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights