Alcoholic beer market in Guinea

Earlier Report Observations

The alcoholic beer market in Guinea grew steadily from 41.3 million liters in 2018 to 56.8 million liters by 2021. This expansion was supported by the adoption of a new public procurement code and broader fiscal reforms, which enhanced transparency and economic stability, creating a more favorable environment for industrial activity including brewing.

Market volume then declined to 47.8 million liters in 2022 and further to 44.5 million liters in 2023. In response to price volatility, the government launched a formal price monitoring system in 2023 to track and control prices of consumer goods, including alcoholic beer.

In 2024, authorities reinforced their commitment to the local brewing industry through a ministerial visit to the Nouvelle Brasserie de Guinée and secured funding for competitiveness projects in value chains, signaling ongoing support for domestic production and market regulation.

Production alcoholic beer in Guinea

In kind, 2017-2020, K l

Top producers of alcoholic beer, 2017-2020

World map of production of alcoholic beer, 2017-2020

Guinea's alcoholic beer production increased for the second consecutive year. In 2020, the country produced 40,000 kiloliters of alcoholic beer, marking a significant 14.3% rise compared to 2019. From 2017 to 2020, production grew by 33.3%, which translates to an annualized rate of 10.1%. The largest decline occurred in 2018, with no change recorded. The most substantial increase was in 2019, at 16.7%.

Annual dynamics of production in Guinea in kind, 2017-2020, K l

Exports alcoholic beer from Guinea

Exports in kind, K l

The market exhibited volatility during the observed period. The lowest export volume was in 2017, while the highest was in 2018, with a peak-to-trough ratio of 24 times. In 2020, alcoholic beer shipments from Guinea to abroad totaled 0.2 kiloliters, showing a gradual year-over-year decline of 8.4%. The maximum value was recorded in 2018 at 3 kiloliters. The largest decline occurred in 2019, at 91.1%, and the largest increase was in 2018, at 2,323.6%.

Annual dynamics of product's exports from Guinea in kind, 2017-2020, K l

From 2017 to 2020, Sierra Leone effectively monopolized exports in kind of alcoholic beer from Guinea, accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Guinea in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations over the period. The trough in exports was in 2017, while the peak hit in 2019, with a 26-fold gap between them. In 2020, Guinea's volume of alcoholic beer exports amounted to 2,000 US dollars, reflecting a 2.3% decline compared to the previous year. The maximum value was recorded in 2019 at 3,000 US dollars. The largest increase occurred in 2018, at 2,391.7%.

Annual dynamics of product's exports from Guinea in value, 2017-2020, K $ US

From 2017 to 2020, alcoholic beer from Guinea was supplied almost exclusively to Sierra Leone, which absorbed 100.0% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Guinea in value, 2017-2020

Imports alcoholic beer to Guinea

Imports in kind, K l

After a two-year rise, imported alcoholic beer volumes in Guinea declined. In 2020, imports were recorded at 12,509 kiloliters, reflecting a modest 9.2% contraction compared to 2019. Between 2017 and 2020, imports increased by 24.5%, equating to an annualized rate of 7.6%. The maximum value was recorded in 2019 at 13,781 kiloliters. The largest increase occurred in 2019, at 22.3%.

Annual dynamics of product's imports to Guinea in kind, 2017-2020, K l

From 2017 to 2020, Denmark (64.6% of imports in kind), the Netherlands (10.8% of imports in kind), and Belgium (9.1% of imports in kind) made the biggest contribution to imports in kind, jointly accounting for 84.5% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Guinea in kind, 2017-2020

Imports in value, K $ US

After a two-year gain, alcoholic beer import volumes in Guinea declined. In 2020, imports amounted to 9,152,000 US dollars, indicating a moderate 8.4% year-over-year reduction. Between 2017 and 2020, imports increased by 20.9%, equating to an annualized rate of 6.5%. The maximum value was recorded in 2019 at 9,988,000 US dollars. The largest increase occurred in 2018, at 22.8%.

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

Throughout 2017 to 2020, Denmark (64.4% of imports in value terms), the Netherlands (15.0% of imports in value terms), and Belgium (5.6% of imports in value terms) formed the key group of partners for imports in value terms of alcoholic beer to Guinea, jointly representing 85.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Guinea in value, 2017-2020