Liberia: Milk Market 2020

Milk Market Size in Liberia

The revenue of the milk market in Liberia amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated a measured increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milk consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Liberia milk consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Milk Production in Liberia

In value terms, milk production stood at $X in 2018 estimated in export prices. Over the period under review, milk production continues to indicate a conspicuous increase. The most prominent rate of growth was recorded in 2012 when production volume increased by X% y-o-y. Liberia milk production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of milk in Liberia stood at X ton per head, approximately reflecting the previous year. Overall, the milk yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when yield increased by X% year-to-year. The global milk yield peaked in 2018 and is likely to continue its growth in the near future.

In 2018, the number of producing animals of milk in Liberia totaled X heads, jumping by X% against the previous year. This number increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, this number attained its maximum level in 2018 and is likely to continue its growth in the near future.

Milk Exports

Exports from Liberia

In 2018, approx. X tons of milk were exported from Liberia; jumping by X% against the previous year. Overall, milk exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. In that year, milk exports attained their peak of X tons. From 2017 to 2018, the growth of milk exports remained at a somewhat lower figure.

In value terms, milk exports amounted to $X in 2018. In general, milk exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, milk exports attained their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Germany (X tons), followed by the Netherlands (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Belgium (X tons), Austria (X tons) and Poland (X tons) were the largest exporters of milk, together generating X% of total exports. The following exporters - Latvia (X tons), Hungary (X tons), Slovenia (X tons) and Luxembourg (X tons) - together made up X% 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. France, Poland, the UK, the Czech Republic, Austria, Hungary, Latvia, Luxembourg, Slovenia and Liberia lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The milk export price in Liberia stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the milk export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2012 when the export price increased by X% year-to-year. Over the period under review, the export prices for milk attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

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

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

Milk Imports

Imports into Liberia

In 2018, approx. X tons of milk were imported into Liberia; rising by X% against the previous year. Overall, milk imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, milk imports reached their peak of X tons. From 2009 to 2018, the growth of milk imports failed to regain its momentum.

In value terms, milk imports amounted to $X in 2018. In general, milk imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Liberia imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), the Netherlands (X tons), Ireland (X tons) and China (X tons) were the largest importers of milk, together committing X% of total imports. Lithuania (X tons), France (X tons), the UK (X tons), Russia (X tons), Croatia (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest milk importing markets into Liberia were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by China, France, the Netherlands, Ireland, the UK, Lithuania, Russia, Austria, Croatia and Liberia, which together accounted for a further X the main importing countries, China recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The milk import price in Liberia stood at $X per ton in 2018, approximately reflecting the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milk import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. In that year, the import prices for milk attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for milk failed to regain its momentum.

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

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

Source: IndexBox Platform