Liberia: Wood Fuel (Non-Coniferous) Market 2020

Wood Fuel (Non-Coniferous) Market Size in Liberia

The revenue of the wood fuel (non-coniferous) market in Liberia amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, the total market indicated modest growth 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, wood fuel (non-coniferous) consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Liberia wood fuel (non-coniferous) consumption peaked at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Wood Fuel (Non-Coniferous) Production in Liberia

In value terms, wood fuel (non-coniferous) production amounted to $X in 2018 estimated in export prices. Overall, wood fuel (non-coniferous) production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Liberia wood fuel (non-coniferous) production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Wood Fuel (Non-Coniferous) Exports

Exports from Liberia

In 2018, the amount of wood fuel (non-coniferous) exported from Liberia amounted to X cubic meters, rising by X% against the previous year. In general, wood fuel (non-coniferous) exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, wood fuel (non-coniferous) exports reached their peak figure at X cubic meters in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports stood at $X in 2018. In general, wood fuel (non-coniferous) exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Liberia exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Indonesia (X cubic meters), distantly followed by Brazil (X cubic meters), China (X cubic meters) and the U.S. (X cubic meters) represented the main exporters of wood fuel (non-coniferous), together achieving X% of total exports. The following exporters - Poland (X cubic meters), Malaysia (X cubic meters), Canada (X cubic meters), Vietnam (X cubic meters), Bosnia and Herzegovina (X cubic meters), Italy (X cubic meters), Germany (X cubic meters) and the Netherlands (X cubic meters) - 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 the U.S., while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Brazil ($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. China, Poland, Italy, Malaysia, Germany, Canada, the Netherlands, Vietnam, Bosnia and Herzegovina and Liberia lagged somewhat behind, together comprising a further X terms of the main exporting countries, Bosnia and Herzegovina recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (non-coniferous) export price in Liberia stood at $X per cubic meter in 2018, lowering by -X% against the previous year. Overall, the wood fuel (non-coniferous) export price continues to indicate a temperate slump. The most prominent rate of growth was recorded in 2009 when the export price increased by X% y-o-y. In that year, the export prices for wood fuel (non-coniferous) attained their peak level of $X per cubic meter. From 2010 to 2018, the growth in terms of the export prices for wood fuel (non-coniferous) failed to regain its momentum.

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

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

Wood Fuel (Non-Coniferous) Imports

Imports into Liberia

In 2018, the amount of wood fuel (non-coniferous) imported into Liberia totaled X cubic meters, coming down by -X% against the previous year. Overall, wood fuel (non-coniferous) imports continue to indicate a deep curtailment. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, wood fuel (non-coniferous) imports attained their maximum at X cubic meters in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, wood fuel (non-coniferous) imports totaled $X in 2018. Overall, wood fuel (non-coniferous) imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Liberia imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

The U.S. (X cubic meters) and Taiwan, Chinese (X cubic meters) represented roughly X% of total imports of wood fuel (non-coniferous) in 2018. Mexico (X cubic meters) took a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), South Korea (X%) and Australia (X%). The following importers - Germany (X cubic meters), Japan (X cubic meters), the UK (X cubic meters), Italy (X cubic meters), Belgium (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

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

In value terms, the U.S. ($X) constitutes the largest market for imported wood fuel (non-coniferous) into Liberia, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($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 the U.S. was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and the UK (-X% per year).

Import Prices by Country

The wood fuel (non-coniferous) import price in Liberia stood at $X per cubic meter in 2018, surging by X% against the previous year. Overall, the wood fuel (non-coniferous) import price continues to indicate a remarkable expansion. The growth pace was the most rapid in 2017 when the import price increased by X% year-to-year. Liberia import price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) 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