Liberia: Pulses Market 2020

Pulses Market Size in Liberia

The revenue of the pulses market in Liberia amounted to $X in 2018, shrinking by -X% against the previous year. In general, pulses consumption continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. In that year, the pulses market reached its peak level of $X. From 2016 to 2018, the growth of the pulses market remained at a somewhat lower figure.

Pulses Production in Liberia

In value terms, pulses production totaled $X in 2018 estimated in export prices. Overall, pulses production continues to indicate slight growth. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Liberia pulses production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Average yield of pulses in Liberia totaled X kg per ha in 2018, shrinking by -X% against the previous year. Over the period under review, the pulses yield, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. In that year, the pulses yield reached its peak level of X kg per ha. From 2010 to 2018, the growth of the pulses 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.

Pulses harvested area in Liberia stood at X ha in 2018, falling by -X% against the previous year. Over the period under review, the pulses harvested area 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. Over the period under review, the harvested area dedicated to pulses production attained its peak figure at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Pulses Exports

Exports from Liberia

In 2018, the amount of pulses exported from Liberia stood at X kg, lowering by -X% against the previous year. Overall, pulses exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, pulses exports attained their peak of X tons. From 2012 to 2018, the growth of pulses exports remained at a somewhat lower figure.

In value terms, pulses exports amounted to $X in 2018. Overall, pulses exports, however, continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Liberia exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Canada was the main exporting country with an export of about X tons, which reached X% of total exports. Russia (X tons) occupied an X% share (based on tons) of total exports, which put it in second place, followed by Australia (X%), the U.S. (X%) and Ukraine (X%). Myanmar (X tons), Lithuania (X tons), France (X tons), Argentina (X tons), China (X tons), Uganda (X tons) and Ethiopia (X tons) took a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to pulses exports from Canada stood at +X%. At the same time, Russia (+X%), Lithuania (+X%), Uganda (+X%), Ukraine (+X%), Australia (+X%) and Ethiopia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The U.S. and Argentina experienced a relatively flat trend pattern. By contrast, France (-X%), Myanmar (-X%) and China (-X%) illustrated a downward trend over the same period. Canada (+X p.p.), Russia (+X p.p.), Australia (+X p.p.), Ukraine (+X p.p.), Lithuania (+X p.p.) and Uganda (+X p.p.) significantly strengthened its position in terms of the global exports, while China and Myanmar saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest pulses supplier from Liberia, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Canada stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Australia (+X% per year).

Export Prices by Country

The pulses export price in Liberia stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the pulses export price, however, continues to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. In that year, the export prices for pulses attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for pulses failed to regain its momentum.

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

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

Pulses Imports

Imports into Liberia

In 2018, the pulses imports into Liberia totaled X tons, lowering by -X% against the previous year. Over the period under review, pulses imports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, pulses imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, pulses imports stood at $X in 2018. Overall, pulses imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Liberia imports peaked at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

India represented the major importing country with an import of about X tons, which resulted at X% of total imports. China (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Egypt (X%). Bangladesh (X tons), Spain (X tons), the U.S. (X tons), Turkey (X tons), Pakistan (X tons), the United Arab Emirates (X tons), Italy (X tons), Mexico (X tons) and Germany (X tons) held a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to pulses imports into India stood at +X%. At the same time, China (+X%), Germany (+X%), Spain (+X%), the U.S. (+X%), Mexico (+X%), Egypt (+X%), the United Arab Emirates (+X%), Italy (+X%), Pakistan (+X%) and Bangladesh (+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. Turkey experienced a relatively flat trend pattern. From 2007 to 2018, the share of India, China, Spain, Egypt and the U.S. increased by +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pulses into Liberia, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in India stood at +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Turkey (-X% per year).

Import Prices by Country

The pulses import price in Liberia stood at $X per ton in 2018, waning by -X% against the previous year. In general, the import price indicated a notable increase from 2007 to 2018: its price 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, pulses import price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Liberia import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform