Earlier Report Observations
The natural latex market in Liberia began the period with production of 75.4 thousand tons in 2018, supported by the operations of Firestone Natural Rubber Company, which operates the world's largest single natural rubber plantation in the country. Production increased to 89.4 thousand tons in 2019 before a slight dip to 86.5 thousand tons in 2020, then recovered to 101.4 thousand tons in 2021.
Growth continued in 2022 with production reaching 107.1 thousand tons. In 2023, production rose further to 120.3 thousand tons, aided by the moratorium on exports of unprocessed natural rubber imposed in November 2023, which encouraged local processing and increased domestic demand for latex. The market size correspondingly expanded to 119.8 thousand tons in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Liberia
- 5.1.1. Annual dynamics of production in Liberia in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Liberia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Liberia
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production natural latex in primary forms in Liberia
In kind, 2017-2020, t
From 2017 to 2020, Liberia ranked 16th globally in the production of natural latex in primary forms.
Top producers of natural latex in primary forms, 2017-2020
World map of production of natural latex in primary forms, 2017-2020
Liberia's production of natural latex in primary forms saw a two-year increase before declining. In 2020, the country produced 86,500 tonnes, marking a 3.2% year-over-year decrease. Over the period from 2017 to 2020, production grew by 37.3%, which translates to an annualized rate of 11.1%. The peak was reached in 2019 with 89,400 tonnes, while the largest annual increase occurred in 2018 at 19.7%.
Annual dynamics of production in Liberia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 19.7% | 18.6% | (3.2%) | 11.1% |
Exports natural latex in primary forms from Liberia
Exports in kind, kg
In 2018, Liberia exported 10,800 kilograms of natural latex in primary forms, representing a 116.0% increase compared to the previous year.
Annual dynamics of product's exports from Liberia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 116.0% | n/a | n/a | - |
Between 2017 and 2020, the United States and Malaysia were the main destinations for Liberia's exports of natural latex in primary forms, together accounting for 68.4% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Liberia in kind, 2017-2020
Exports in value, K $ US
In 2018, Liberia's exports of natural latex in primary forms amounted to 632.8 thousand US dollars, a staggering 2,132.0% rise from the year before.
Annual dynamics of product's exports from Liberia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 132.0% | n/a | n/a | - |
From 2017 to 2020, Malaysia and the United States dominated Liberia's export markets in value terms, with their combined share reaching 95.7% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Liberia in value, 2017-2020
Imports natural latex in primary forms to Liberia
Imports in kind, kg
Annual dynamics of product's imports to Liberia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017–2020 period, Liberia's imports of natural latex in primary forms were entirely dependent on Thailand, which supplied 100.0% of the total import volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Liberia in kind, 2017-2020
Imports in value, K $ US
Annual dynamics of product's imports to Liberia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In the years 2017 to 2020, Liberia's import structure in value terms was highly concentrated, with Thailand alone responsible for 100.0% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Liberia in value, 2017-2020
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