Liberia: Tomato Market 2020

Tomato Market Size in Liberia

The revenue of the tomato market in Liberia amounted to $X in 2018, jumping by X% against the previous year. In general, the total market indicated strong growth from 2007 to 2018: its value 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, tomato consumption decreased by -X% against 2010 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. In that year, the tomato market reached its peak level of $X. From 2011 to 2018, the growth of the tomato market failed to regain its momentum.

Tomato Production in Liberia

In value terms, tomato production amounted to $X in 2018 estimated in export prices. Over the period under review, tomato production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, tomato production attained its peak level of $X. From 2011 to 2018, tomato production growth remained at a lower figure.

Average yield of tomatoes in Liberia totaled X ton per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 when yield increased by X% against the previous year. In that year, the tomato yield attained its peak level of X ton per ha. From 2013 to 2018, the growth of the tomato 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, approx. X ha of tomatoes were harvested in Liberia; growing 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 recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when harvested area increased by X% against the previous year. The global tomato harvested area peaked in 2018 and is expected to retain its growth in the near future.

Tomato Exports

Exports by Country

In 2018, Mexico (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Morocco (X tons) and Turkey (X tons) represented the major exporters of tomatoes, together making up X% of total exports. The following exporters - China (X tons), France (X tons), Canada (X tons), Belgium (X tons), the U.S. (X tons), Jordan (X tons) and Azerbaijan (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 Azerbaijan, while the other leaders experienced more modest paces of growth.

In value terms, the largest tomato markets from Liberia were Mexico ($X), the Netherlands ($X) and Spain ($X), with a combined X% share of total exports. These countries were followed by Morocco, Canada, France, Turkey, the U.S., Belgium, China, Azerbaijan and Jordan, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the tomato export price in Liberia amounted to $X per ton, approximately mirroring the previous year. Overall, the tomato export price continues to indicate a relatively flat trend pattern. Liberia export price peaked at $X per ton in 2010; however, from 2011 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 ($X per ton), while Jordan ($X per ton) was amongst the lowest.

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

Tomato Imports

Imports into Liberia

In 2018, approx. X tons of tomatoes were imported into Liberia; dropping by -X% against the previous year. In general, tomato imports continue to indicate a deep decrease. The growth pace was the most rapid in 2009 when imports decreased by -X% y-o-y. Over the period under review, tomato imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, tomato imports totaled $X in 2018. Overall, tomato imports continue to indicate a drastic deduction. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Liberia imports peaked at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. represented the major importer of tomatoes in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2018. It was distantly followed by Germany (X tons), Russia (X tons), France (X tons) and the UK (X tons), together achieving a X% share of total imports. The Netherlands (X tons), Canada (X tons), Spain (X tons), Belarus (X tons), Pakistan (X tons), Poland (X tons) and Saudi Arabia (X tons) held a little 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, Pakistan (+X%), Belarus (+X%), Poland (+X%), Spain (+X%), the Netherlands (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany, Russia, France and the UK experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., Pakistan and Belarus increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tomato importing markets into Liberia were the U.S. ($X), Germany ($X) and the UK ($X), together accounting for X% of total imports. France, Russia, Canada, the Netherlands, Poland, Spain, Saudi Arabia, Pakistan, Belarus and Liberia lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the tomato import price in Liberia amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the tomato import price continues to indicate a moderate deduction. The most prominent rate of growth was recorded in 2009 when the import price increased by X% y-o-y. Over the period under review, the import prices for tomatoes attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform