Liberia: Meat Market 2020

Meat Market Size in Liberia

The revenue of the meat market in Liberia amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% over the period 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 2011 when the market value increased by X% against the previous year. In that year, the meat market attained its peak level of $X. From 2012 to 2018, the growth of the meat market failed to regain its momentum.

Meat Production in Liberia

In value terms, meat production stood at $X in 2018 estimated in export prices. Overall, the total output 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, meat production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. In that year, meat production attained its peak level of $X. From 2012 to 2018, meat production growth failed to regain its momentum.

In 2018, the average meat yield in Liberia stood at X kg per head, stabilizing at the previous year. Overall, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Liberia stood at X head, remaining stable against the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Liberia

In 2018, the exports of meat from Liberia stood at X kg, falling by -X% against the previous year. Over the period under review, meat exports continue to indicate a precipitous drop. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, meat exports attained their peak of X tons. From 2014 to 2018, the growth of meat exports failed to regain its momentum.

In value terms, meat exports amounted to $X in 2018. In general, meat exports continue to indicate a dramatic drop. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, meat exports reached their peak of $X. From 2014 to 2018, the growth of meat exports remained at a lower figure.

Exports by Country

The countries with the highest levels of meat exports in 2018 were the U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons), together finishing at X% of total export.

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

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Liberia lagged somewhat behind, together comprising a further X terms of the main exporting countries, India experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Liberia amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the meat export price continues to indicate a sharp drop. The pace of growth appeared the most rapid in 2011 when the export price increased by X% year-to-year. In that year, the export prices for meat attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for meat 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 New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

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

Meat Imports

Imports into Liberia

Meat imports into Liberia stood at X tons in 2018, shrinking by -X% against the previous year. Over the period under review, meat imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, meat imports reached their peak figure at X tons in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, meat imports amounted to $X in 2018. Over the period under review, meat imports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, meat imports reached their maximum at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons) were the key importers of meat in the world, comprising X% of total import.

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

In value terms, the largest meat importing markets into Liberia were Japan ($X), the U.S. ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Liberia, which together accounted for a further X the main importing countries, Vietnam experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Liberia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the meat import price, however, continues to indicate a deep deduction. The pace of growth was the most pronounced in 2010 when the import price increased by X% year-to-year. In that year, the import prices for meat reached their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for meat remained at a lower figure.

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

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

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Source: IndexBox Platform