| Product Code: ETC7970271 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2023, Liberia saw a significant shift in the automotive parts and components import market, with top exporters including China, Netherlands, Belgium, United Kingdom, and India. The Herfindahl-Hirschman Index (HHI) reflected a move from low to high concentration, indicating a more consolidated market. The impressive Compound Annual Growth Rate (CAGR) of 29.68% and a growth rate of 91.87% highlight the robust expansion and increasing demand for automotive parts in Liberia, presenting lucrative opportunities for both domestic and international suppliers to capitalize on this growing market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Liberia Automotive Parts and Components Market Overview |
3.1 Liberia Country Macro Economic Indicators |
3.2 Liberia Automotive Parts and Components Market Revenues & Volume, 2021 & 2031F |
3.3 Liberia Automotive Parts and Components Market - Industry Life Cycle |
3.4 Liberia Automotive Parts and Components Market - Porter's Five Forces |
3.5 Liberia Automotive Parts and Components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Liberia Automotive Parts and Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Liberia Automotive Parts and Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population leading to higher vehicle ownership and maintenance |
4.2.2 Growing demand for aftermarket automotive parts due to aging vehicle fleet |
4.2.3 Government initiatives to promote automotive manufacturing and assembly in Liberia |
4.3 Market Restraints |
4.3.1 Lack of skilled labor and technical expertise in the automotive industry |
4.3.2 High import duties and taxes on automotive parts hindering market growth |
4.3.3 Limited availability of quality automotive parts and components locally |
5 Liberia Automotive Parts and Components Market Trends |
6 Liberia Automotive Parts and Components Market, By Types |
6.1 Liberia Automotive Parts and Components Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Liberia Automotive Parts and Components Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Liberia Automotive Parts and Components Market Revenues & Volume, By Driveline and Powertrain, 2021- 2031F |
6.1.4 Liberia Automotive Parts and Components Market Revenues & Volume, By Interiors and Exteriors, 2021- 2031F |
6.1.5 Liberia Automotive Parts and Components Market Revenues & Volume, By Electronics, 2021- 2031F |
6.1.6 Liberia Automotive Parts and Components Market Revenues & Volume, By Bodies and Chassis, 2021- 2031F |
6.1.7 Liberia Automotive Parts and Components Market Revenues & Volume, By Wheel and Tires, 2021- 2031F |
6.1.8 Liberia Automotive Parts and Components Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Liberia Automotive Parts and Components Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Liberia Automotive Parts and Components Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021- 2031F |
6.2.3 Liberia Automotive Parts and Components Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Liberia Automotive Parts and Components Market Import-Export Trade Statistics |
7.1 Liberia Automotive Parts and Components Market Export to Major Countries |
7.2 Liberia Automotive Parts and Components Market Imports from Major Countries |
8 Liberia Automotive Parts and Components Market Key Performance Indicators |
8.1 Average age of vehicles in Liberia |
8.2 Number of automotive workshops and repair centers in the country |
8.3 Percentage of vehicles using locally manufactured automotive parts |
9 Liberia Automotive Parts and Components Market - Opportunity Assessment |
9.1 Liberia Automotive Parts and Components Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Liberia Automotive Parts and Components Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Liberia Automotive Parts and Components Market - Competitive Landscape |
10.1 Liberia Automotive Parts and Components Market Revenue Share, By Companies, 2024 |
10.2 Liberia Automotive Parts and Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |