Beef and buffalo meat market in Guinea

Earlier Report Observations

Guinea's beef and buffalo meat market volume grew from 94 790 tons in 2018 to 100 421 tons in 2019, a nearly 6% increase. This expansion was primarily driven by the launch of the AgriFARM project, an internationally funded initiative aimed at sustainably increasing incomes for family farms and strengthening local livestock production, including beef.

The market contracted sharply in 2020, falling by 36.1% to 64 176 tons. A recovery began in 2021, with volume reaching 67 518 tons, and continued growth followed in 2022 and 2023, reaching 71 326 tons and then 86 687 tons. The rebound from 2022 onward was supported by government protocols with the private sector to guarantee supply and stabilize prices through tax and customs exemptions on essential goods like beef. Additionally, the first States General of Agriculture and Livestock in 2023 sought to identify and resolve major challenges in the agro-pastoral sector, supporting sustainable livestock development.

In 2024, the government continued its price stabilization agreements and launched tenders to improve the identification of state agricultural domains, which may enhance traceability and management in the livestock sector.

Production beef and buffalo meat in Guinea

In kind, 2017-2020, t

Top producers of beef and buffalo meat, 2017-2020

World map of production of beef and buffalo meat, 2017-2020

Guinea's beef and buffalo meat production saw a two-year increase before declining. In 2019, production reached its peak at 99 607 tonnes. However, in 2020, it dropped sharply to 63 874 tonnes, marking a 35.9% decrease from the previous year. Over the entire period from 2017 to 2020, production fell by 28.6%, which translates to an average annual decline of 10.6%. The most significant year-on-year growth occurred in 2018, with a 5.5% increase.

Annual dynamics of production in Guinea in kind, 2017-2020, t

Exports beef and buffalo meat from Guinea

Exports in kind, t

Annual dynamics of product's exports from Guinea in kind, 2017-2020, t

From 2017 to 2020, France was the primary destination for Guinea's beef and buffalo meat exports in kind, accounting for 100.0% of the total export volume.

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

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

During the 2017–2020 period, France continued to be the overwhelmingly dominant buyer of Guinea's beef and buffalo meat in value terms, representing 100.0% of total export earnings.

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

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

Imports beef and buffalo meat to Guinea

Imports in kind, t

The import volume of beef and buffalo meat into Guinea showed irregular changes, indicating a volatile market. In 2019, imports peaked at 816.1 tonnes, but then fell sharply to a low of 302.4 tonnes in 2020, representing a 2.7-fold difference between these years. This 2020 figure marked an abrupt decline of 62.9% compared to 2019. The largest year-on-year increase was recorded in 2019, with a surge of 125.2%.

Annual dynamics of product's imports to Guinea in kind, 2017-2020, t

From 2017 to 2020, India, the Netherlands, and Saudi Arabia were the main sources for Guinea's beef and buffalo meat imports in kind. India accounted for 26.8% of imports, the Netherlands for 17.6%, and Saudi Arabia for 12.3%. Together, these three countries represented 56.7% of total import 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

Guinea's beef and buffalo meat import value increased for two years before declining. In 2019, it reached a maximum of 1 831 thousand US dollars, but in 2020, it fell to 679 thousand US dollars, showing an abrupt drop of 62.9% from the previous year. Over the 2017–2020 period, imports decreased by 18.4%, with a compound annual growth rate of -6.6%. The largest year-on-year increase occurred in 2019, with a rise of 54.0%.

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

In the 2017–2020 period, India, Saudi Arabia, and the Netherlands led the structure of Guinea's beef and buffalo meat imports in value terms. India contributed 22.1% of import value, Saudi Arabia 20.3%, and the Netherlands 16.0%. Collectively, these three countries accounted for 58.4% of total import flows.

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

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