Market research

Beef, sheep or goat fat market in Liberia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2023, the market volume for beef, sheep or goat fat in Liberia experienced notable fluctuations. Starting at 62.5 t in 2018, it declined to 58.9 t in 2019 before recovering to 61.1 t in 2020 and reaching a peak of 63.8 t in 2021.

The peak in 2021 was largely driven by a sharp, temporary increase in imports, which reached 4 t that year, offsetting a slight dip in domestic production. In the following years, imports fell to zero, and the market volume contracted to 59.5 t in 2022 and stabilized around 59.2 t in 2023.

Overall, the market remained within a range of 58 to 64 t over the period, with 2021 standing out as an anomaly due to the brief import surge.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Liberia
  1. 5.1.1. Annual dynamics of production in Liberia in kind, 2018-2023, kg
  2. 5.1.2. Annual dynamics of production in Liberia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Liberia

In kind, 2017-2020, kg

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

After a two-year decline, beef, sheep, and goat fat production in Liberia increased. In 2020, Liberia produced 60 820 kg of this fat, marking a modest 4.0% rise from 2019. The lowest production level was recorded in 2019 at 58 490 kg, which also saw the largest annual decline of 5.3%. Over the 2017-2020 period, overall production fell by 3.2%, averaging an annual decrease of 1.1%.

Annual dynamics of production in Liberia in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.7%)	(5.3%)	4.0%	(1.1%)

Source: SHEV.io

Exports beef, sheep or goat fat from Liberia

According to market research, Liberia did not export any beef, sheep, or goat fat from 2017 to 2020.

Imports beef, sheep or goat fat to Liberia

Imports in kind, kg

Imports of beef, sheep, and goat fat into Liberia fell for the second year in a row. In 2020, imports totaled 252.0 kg, a sharp 36.7% drop from the previous year. The highest import volume was in 2018 at 782.0 kg, while the largest annual decrease occurred in 2019 at 49.1%, and the largest increase was in 2018 at 9.2%. From 2017 to 2020, imports declined by 64.8%, with a compound annual growth rate of -29.4%.

Annual dynamics of product's imports to Liberia in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.2%	(49.1%)	(36.7%)	(29.4%)

Source: SHEV.io

From 2017 to 2020, Lebanon and Australia were the primary suppliers of beef, sheep, and goat fat to Liberia, together accounting for 88.3% of total imports by volume. The remaining imports were spread across various other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Liberia in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

The import market exhibited volatility during the observed period. The highest import volume was in 2019, while the lowest was in 2020, with a 5.3-fold difference between these years. In 2020, the value of beef, sheep, and goat fat imports into Liberia was 284 US dollars, an 81.1% year-over-year decline. The peak value was recorded in 2019 at 1 500 US dollars, which also saw the largest annual increase of 242.4%.

Annual dynamics of product's imports to Liberia in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.0%)	242.4%	(81.1%)	(15.5%)

Source: SHEV.io

Between 2017 and 2020, Lebanon dominated imports in value terms, holding an 83.2% share of total flows. Other markets collectively made up the remainder.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Liberia in value, 2017-2020

Source: SHEV.io