Liberia: Fruit Market 2020

Fruit Market Size in Liberia

The revenue of the fruit market in Liberia amounted to $X in 2018, lowering by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. In that year, the fruit market attained its peak level of $X, and then declined slightly in the following year.

Fruit Production in Liberia

In value terms, fruit production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2017 when production volume increased by X% y-o-y. In that year, fruit production reached its peak level of $X, and then declined slightly in the following year.

In 2018, the average yield of fruits in Liberia amounted to X ton per ha, remaining constant against the previous year. Over the period under review, the fruit yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the fruit yield attained its maximum level at X ton per ha in 2007; however, from 2008 to 2018, 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 fruit harvested area in Liberia totaled X ha, going down by -X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to fruit production attained its maximum at X ha in 2017, and then declined slightly in the following year.

Fruit Exports

Exports from Liberia

In 2018, the fruit exports from Liberia totaled X tons, rising by X% against the previous year. Over the period under review, fruit exports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, fruit exports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, fruit exports amounted to $X in 2018. Overall, fruit exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Liberia exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

The countries with the highest levels of fruit exports in 2018 were Spain (X tons), Ecuador (X tons), Mexico (X tons), the U.S. (X tons), Guatemala (X tons), South Africa (X tons), Costa Rica (X tons), the Netherlands (X tons), China (X tons), Italy (X tons), Chile (X tons) and Turkey (X tons), together reaching X% of total export.

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

In value terms, Spain ($X), Mexico ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by the Netherlands, Ecuador, Chile, South Africa, China, Italy, Costa Rica, Guatemala, Turkey and Liberia, which together accounted for a further X the main exporting countries, Liberia recorded 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 fruit export price in Liberia amounted to $X per ton, flattening at the previous year. Overall, the fruit export price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2009 an increase of X% year-to-year. In that year, the export prices for fruits reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for fruits remained at a somewhat lower figure.

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

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

Fruit Imports

Imports into Liberia

Fruit imports into Liberia stood at X tons in 2018, shrinking by -X% against the previous year. Over the period under review, fruit imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. In that year, fruit imports attained their peak of X tons. From 2016 to 2018, the growth of fruit imports failed to regain its momentum.

In value terms, fruit imports totaled $X in 2018. Overall, fruit imports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. In that year, fruit imports reached their peak of $X. From 2016 to 2018, the growth of fruit imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Russia (X tons), Germany (X tons), the UK (X tons), the Netherlands (X tons) and France (X tons) represented the main importers of fruits, together comprising X% of total imports. China (X tons), Canada (X tons), Belgium (X tons), Italy (X tons), Spain (X tons) and Japan (X tons) took a minor share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Spain (+X%), the Netherlands (+X%), Italy (+X%), Germany (+X%), Russia (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Canada and the UK experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and Japan (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Russia ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. The UK, the Netherlands, France, Canada, China, Belgium, Japan, Spain, Italy and Liberia lagged somewhat behind, together accounting for a further X terms of the main importing countries, China recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The fruit import price in Liberia stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the fruit import price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for fruits reached their peak figure at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform