| Product Code: ETC5044081 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Liberia continued to heavily rely on fuel oil imports, with top exporters including Angola, Singapore, Ghana, USA, and Egypt. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) of 27.7% demonstrates significant market expansion. However, the negative growth rate of -51.49% signals a challenging environment that may require strategic adjustments for both importers and exporters in the fuel oil industry.

Liberia's Fuel Oil market is anticipated to experience a stable growth rate of 2.92% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Fuel Oil Market Overview |
3.1 Liberia Country Macro Economic Indicators |
3.2 Liberia Fuel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Liberia Fuel Oil Market - Industry Life Cycle |
3.4 Liberia Fuel Oil Market - Porter's Five Forces |
3.5 Liberia Fuel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Liberia Fuel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy in Liberia |
4.2.2 Increase in industrialization and infrastructure development projects |
4.2.3 Government initiatives to improve energy access and reliability |
4.3 Market Restraints |
4.3.1 Volatility in global oil prices |
4.3.2 Environmental concerns and regulations impacting fuel oil usage |
4.3.3 Competition from alternative energy sources such as renewables |
5 Liberia Fuel Oil Market Trends |
6 Liberia Fuel Oil Market Segmentations |
6.1 Liberia Fuel Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Liberia Fuel Oil Market Revenues & Volume, By Marine, 2021-2031F |
6.1.3 Liberia Fuel Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 Liberia Fuel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Liberia Fuel Oil Market Import-Export Trade Statistics |
7.1 Liberia Fuel Oil Market Export to Major Countries |
7.2 Liberia Fuel Oil Market Imports from Major Countries |
8 Liberia Fuel Oil Market Key Performance Indicators |
8.1 Average fuel oil consumption per capita in Liberia |
8.2 Number of new energy projects initiated in the country |
8.3 Percentage of fuel oil imports compared to total energy imports in Liberia |
9 Liberia Fuel Oil Market - Opportunity Assessment |
9.1 Liberia Fuel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Liberia Fuel Oil Market - Competitive Landscape |
10.1 Liberia Fuel Oil Market Revenue Share, By Companies, 2024 |
10.2 Liberia Fuel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |