Liberia: Beef Market 2020

Beef Market Size in Liberia

The revenue of the beef market in Liberia amounted to $X in 2018, coming down by -X% against the previous year. Overall, beef consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, the beef market attained its peak level of $X. From 2012 to 2018, the growth of the beef market failed to regain its momentum.

Beef Production in Liberia

In value terms, beef production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Liberia beef production peaked at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Beef Exports

Exports from Liberia

In 2018, the exports of beef (cattle meat) from Liberia amounted to X kg, shrinking by -X% against the previous year. In general, beef exports continue to indicate a sharp deduction. The most prominent rate of growth was recorded in 2017 with a decrease of -X% y-o-y. Liberia exports peaked at X kg in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, beef exports amounted to $X in 2018. In general, beef exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2008 with a decrease of -X% y-o-y. Liberia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons) were the main exporters of beef (cattle meat) in the world, creating X% of total export. It was distantly followed by the Netherlands (X tons), making up a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) held a relatively small share 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 India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Liberia lagged somewhat behind, together comprising a further X the main exporting countries, India experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the beef export price in Liberia amounted to $X per ton, approximately reflecting the previous year. In general, the beef export price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. In that year, the export prices for beef (cattle meat) reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for beef (cattle meat) remained at a somewhat lower figure.

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

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

Beef Imports

Imports into Liberia

Beef imports into Liberia stood at X tons in 2018, coming down by -X% against the previous year. Over the period under review, beef imports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. In that year, beef imports reached their peak of X tons. From 2012 to 2018, the growth of beef imports failed to regain its momentum.

In value terms, beef imports amounted to $X in 2018. In general, beef imports continue to indicate a moderate reduction. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. In that year, beef imports attained their peak of $X. From 2012 to 2018, the growth of beef imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons) were the main importers of beef (cattle meat) in the world, constituting X% of total import.

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 beef importing markets into Liberia were the U.S. ($X), Japan ($X) and China ($X), together accounting for X% of total imports. These countries were followed by South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Liberia, which together accounted for a further X Nam experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Liberia stood at $X per ton in 2018, rising by X% against the previous year. Overall, the beef import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Liberia import price peaked at $X per ton in 2010; however, from 2011 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 South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform