Liberia: Roots And Tubers Market 2020

Roots And Tubers Market Size in Liberia

The revenue of the roots and tubers market in Liberia amounted to $X in 2018, remaining constant against the previous year. Over the period under review, the total market indicated a prominent expansion 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, roots and tubers consumption increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Liberia roots and tubers consumption peaked at $X in 2017, leveling off in the following year.

Roots And Tubers Production in Liberia

In value terms, roots and tubers production amounted to $X in 2018 estimated in export prices. Over the period under review, roots and tubers production continues to indicate a strong increase. The growth pace was the most rapid in 2015 when production volume increased by X% year-to-year. Liberia roots and tubers production peaked at $X in 2017, leveling off in the following year.

In 2018, the average roots and tubers yield in Liberia totaled X ton per ha, growing by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. The global roots and tubers yield peaked in 2018 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of roots and tubers were harvested in Liberia; standing approx. at the previous year. Over the period under review, the roots and tubers harvested area continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2012 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to roots and tubers production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Roots And Tubers Exports

Exports from Liberia

Roots and tubers exports from Liberia amounted to X tons in 2018, lowering by -X% against the previous year. In general, roots and tubers exports continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Liberia exports peaked at X tons in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, roots and tubers exports totaled $X in 2018. Over the period under review, roots and tubers exports continue to indicate a slight increase. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Liberia exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the major exporting country with an export of about X tons, which recorded X% of total exports. Cambodia (X tons) ranks second in terms of the total exports with a X% share, followed by the U.S. (X%). The following exporters - Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to roots and tubers exports from Thailand stood at +X%. At the same time, Cambodia (+X%), Lao People's Democratic Republic (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Vietnam (-X%), Costa Rica (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand, Cambodia, the U.S. and Lao People's Democratic Republic increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest roots and tubers supplier from Liberia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Thailand totaled +X%. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2018, the roots and tubers export price in Liberia amounted to $X per ton, increasing by X% against the previous year. Overall, the roots and tubers export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Liberia export price peaked in 2018 and is expected to retain its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Roots And Tubers Imports

Imports into Liberia

In 2018, approx. X tons of roots and tubers were imported into Liberia; jumping by X% against the previous year. Over the period under review, roots and tubers imports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Liberia imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, roots and tubers imports stood at $X in 2018. Over the period under review, roots and tubers imports continue to indicate resilient growth. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, roots and tubers imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

China prevails in roots and tubers imports structure, resulting at X tons, which was near X% of total imports in 2018. The following importers - the U.S. (X tons), the UK (X tons) and South Korea (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the roots and tubers imports, with a CAGR of +X% from 2007 to 2018. At the same time, the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the UK (+X% per year).

Import Prices by Country

The roots and tubers import price in Liberia stood at $X per ton in 2018, declining by -X% against the previous year. Over the period under review, the roots and tubers import price continues to indicate a measured reduction. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, the import prices for roots and tubers attained their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while South Korea ($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 a decline in the import price figures.

Source: IndexBox Platform