| Product Code: ETC5400787 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Liberia continued to see a high concentration of hoist import shipments, with the top exporters being the United States of America, China, India, Lebanon, and the United Kingdom. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 71.44% and a remarkable growth rate of 129.85% underline the strong performance and increasing demand for hoist imports in Liberia. This data suggests significant opportunities for exporters looking to tap into the Liberian market.

The Hoist market in Liberia is projected to grow at a stable growth rate of 3.16% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Hoist Market Overview |
3.1 Liberia Country Macro Economic Indicators |
3.2 Liberia Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Liberia Hoist Market - Industry Life Cycle |
3.4 Liberia Hoist Market - Porter's Five Forces |
3.5 Liberia Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Liberia Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Liberia Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 Liberia Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 Liberia Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Liberia Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 Liberia Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Liberia Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Liberia leading to higher demand for hoists |
4.2.2 Government initiatives to improve infrastructure, boosting the construction sector |
4.2.3 Growth in the mining industry requiring hoists for material handling |
4.3 Market Restraints |
4.3.1 Economic instability in Liberia impacting investment in construction projects |
4.3.2 Lack of skilled labor for operating and maintaining hoists |
4.3.3 High import duties and taxes on hoist equipment affecting affordability |
5 Liberia Hoist Market Trends |
6 Liberia Hoist Market Segmentations |
6.1 Liberia Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Liberia Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F |
6.1.3 Liberia Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.4 Liberia Hoist Market Revenues & Volume, By Others, 2021-2031F |
6.2 Liberia Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Liberia Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Liberia Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Liberia Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Liberia Hoist Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Liberia Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 Liberia Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F |
6.3.3 Liberia Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F |
6.4 Liberia Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 Liberia Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F |
6.4.3 Liberia Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F |
6.4.4 Liberia Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F |
6.4.5 Liberia Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F |
6.4.6 Liberia Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F |
6.4.7 Liberia Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F |
6.4.8 Liberia Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.4.9 Liberia Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.5 Liberia Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Liberia Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F |
6.5.3 Liberia Hoist Market Revenues & Volume, By Cranes, 2021-2031F |
6.5.4 Liberia Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.5.5 Liberia Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.5.6 Liberia Hoist Market Revenues & Volume, By Workboats, 2021-2031F |
6.5.7 Liberia Hoist Market Revenues & Volume, By Utility, 2021-2031F |
6.6 Liberia Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Liberia Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.6.3 Liberia Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.4 Liberia Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.6.5 Liberia Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.6.6 Liberia Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F |
6.6.7 Liberia Hoist Market Revenues & Volume, By Material Handling, 2021-2031F |
6.6.8 Liberia Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.6.9 Liberia Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.7 Liberia Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Liberia Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.7.3 Liberia Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Liberia Hoist Market Import-Export Trade Statistics |
7.1 Liberia Hoist Market Export to Major Countries |
7.2 Liberia Hoist Market Imports from Major Countries |
8 Liberia Hoist Market Key Performance Indicators |
8.1 Average utilization rate of hoists in construction projects |
8.2 Number of infrastructure projects in progress utilizing hoists |
8.3 Training and certification rate of hoist operators |
8.4 Level of government investment in infrastructure projects requiring hoists |
8.5 Rate of growth in the mining industry and its correlation with hoist demand |
9 Liberia Hoist Market - Opportunity Assessment |
9.1 Liberia Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Liberia Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Liberia Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 Liberia Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 Liberia Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Liberia Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 Liberia Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Liberia Hoist Market - Competitive Landscape |
10.1 Liberia Hoist Market Revenue Share, By Companies, 2024 |
10.2 Liberia Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |