Market research

Molasses market in Liberia

Molasses market in Liberia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The molasses market in Liberia experienced gradual expansion from 2 213 t in 2018 to 2 239 t in 2020. This growth was supported by the establishment of the Liberia Special Economic Zones Authority, aimed at attracting agro-industrial investment, and the country's significant agricultural potential. However, economic challenges such as trade deficits and high taxes in 2020 posed constraints on the sector.

In 2021, market volume jumped sharply to 2 526 t, driven primarily by a temporary surge in imports to 278 t. By 2022, the market returned to 2 345 t as imports normalized. That year, the government secured funding for the Special Agro-industrial Processing Zone project, designed to foster long-term sector development. A modest recovery to 2 354 t occurred in 2023, likely aided by adjustments to petroleum product price ceilings, which reduced production and distribution costs.

Moving into 2024, authorities continued efforts to stabilize petroleum product prices and launched offshore oil licensing rounds, which may indirectly affect agro-industry, while also promoting the agricultural sector through a national fair.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 5. Production
    1. 5.1. Production in Liberia
      1. 5.1.1. Annual dynamics of production in Liberia in kind, 2018-2023, t
      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, t
      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, t
      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. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, K $ 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, t
        1. 6.2.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, K $ 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. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production molasses in Liberia

In kind, 2017-2020, t

Top producers of molasses, 2017-2020

Source: SHEV.io

World map of production of molasses, 2017-2020

Source: SHEV.io

Molasses production in Liberia has increased for the third consecutive year. In 2020, Liberia produced 2,235 tonnes of molasses, representing a slight gain of 0.9% compared to the previous year.

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

Parameter201820192020CAGR
1Change from last year0.4%0.2%0.9%0.5%
Source: SHEV.io

Exports molasses from Liberia

Market overview indicates that there was no export of molasses from Liberia between 2017 and 2020.

Imports molasses to Liberia

Imports in kind, kg

Molasses imports into Liberia have increased for the second consecutive year. In 2020, imports amounted to 3,666 kg, which is 42.5% higher than the previous year. Between 2017 and 2020, imports grew by 45.5%, equating to an annualized rate of 13.3%. The lowest import volume was recorded in 2018 at 1,998 kg, which also marked the largest decline of 20.7%.

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

Parameter201820192020CAGR
1Change from last year(20.7%)28.8%42.5%13.3%
Source: SHEV.io

From 2017 to 2020, the partner base for imports in kind was extremely narrow, with Lebanon alone accounting for 90.6% of total flows.

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

Molasses deliveries to Liberia have increased for the third consecutive year. In 2020, imports amounted to 933.0 US dollars, equivalent to a robust rise of 11.7% compared to the previous year. Between 2017 and 2020, imports surged by 157%, equating to an annualized rate of 37.0%.

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

Parameter201820192020CAGR
1Change from last year27.0%81.1%11.7%37.0%
Source: SHEV.io

Between 2017 and 2020, Lebanon and the United Arab Emirates remained the main suppliers of molasses to Liberia, with a combined share of 92.0% of total imports in value terms, while the remainder was fragmented across other countries.

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

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