Market research

Beef, sheep or goat fat market in Guinea

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for beef, sheep, and goat fats in Guinea showed considerable movement between 2018 and 2023. Volume began at 3 291 t in 2018, increased to 3 552 t in 2019, then contracted sharply to 2 440 t in 2020. This was followed by three consecutive years of growth, lifting the market size to 3 180 t by 2023.

The post-2020 recovery phase saw steady annual gains, with the 2023 volume ultimately exceeding the pre-decline level of 2018. The market's dynamics were primarily driven by changes in domestic production, as import volumes remained minimal throughout the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guinea
  1. 5.1.1. Annual dynamics of production in Guinea in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guinea in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Guinea

In kind, 2017-2020, t

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

Guinea's production of beef, sheep, and goat fat declined after two consecutive years of growth. In 2020, the country produced 2 399 tonnes, marking a 28.5% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 21.3%, which translates to an average annual decline of 7.7%. The highest production level was recorded in 2019 at 3 358 tonnes, while the largest year-on-year increase occurred in 2018 at 7.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.8%	2.2%	(28.5%)	(7.7%)

Source: SHEV.io

Exports beef, sheep or goat fat from Guinea

According to market study data, Guinea did not export any beef, sheep, or goat fat between 2017 and 2020.

Imports beef, sheep or goat fat to Guinea

Imports in kind, t

The market for imports showed significant fluctuations during this period. Imports reached their lowest point in 2018 and peaked in 2019, with a 53-fold difference between these two years. In 2020, Guinea imported 40.2 tonnes of beef, sheep, and goat fat, representing a 79.2% decrease from the previous year. The maximum import volume was recorded in 2019 at 193.5 tonnes, and the largest percentage increase also occurred in 2019 at 5 244.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	5 244.7%	(79.2%)	-

Source: SHEV.io

From 2017 to 2020, Lebanon consistently supplied 81.8% of Guinea's total imports of beef, sheep, and goat fat by volume, highlighting a strong reliance on this single market. The remaining imports were distributed among other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

The import market exhibited considerable volatility during these years. The lowest value was recorded in 2018, while the highest was in 2019, with a 14.3-fold variation between these two points. In 2020, the value of beef, sheep, and goat fat imports into Guinea totaled 19 770 US dollars, down 51.6% from the previous year. The peak import value was 40 847 US dollars in 2019, which also saw the largest percentage increase at 1 333.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	1 333.2%	(51.6%)	-

Source: SHEV.io

Between 2017 and 2020, Guinea's imports of beef, sheep, and goat fat by value were dominated by three suppliers: Turkey accounted for 42.5%, Australia for 31.1%, and Lebanon for 26.3%. Together, these three countries represented 100.0% of the total import value during this period.

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

Source: SHEV.io

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

Source: SHEV.io