Earlier Report Observations
The market for coconut oil and fractions in Guinea experienced a significant downturn in 2019, with volume falling to 1 016 t from 1 529 t the previous year. This contraction marked the lowest point in the period, but the market began a recovery phase shortly after.
From 2020 onward, the market entered a sustained growth trajectory, increasing each year to reach 1 849 t by 2023. This final volume not only recovered from the earlier decline but also exceeded the market's initial size from 2018.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Guinea
- 5.1.1. Annual dynamics of production in Guinea in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guinea in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Guinea
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coconut oil and fractions in Guinea
In kind, 2017-2020, t
Top producers of coconut oil and fractions, 2017-2020
World map of production of coconut oil and fractions, 2017-2020
In 2020, Guinea produced 1 409 tonnes of coconut oil and fractions, marking a 0.9% increase from 2019. Over the 2017-2020 period, production declined by 5.5%, with a compound annual growth rate of -1.9%. The lowest production level was recorded in 2019 at 1 396 tonnes, while the highest was in 2018 at 1 529 tonnes. The most significant decrease occurred in 2019, dropping by 8.7%, whereas the largest increase was in 2018, rising by 2.6%.
Annual dynamics of production in Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.6% | (8.7%) | 0.9% | (1.9%) |
Exports coconut oil and fractions from Guinea
Exports in kind, t
Export volumes of coconut oil and fractions from Guinea experienced notable fluctuations during this period. The lowest level was recorded in 2018 at 0.0 tonnes, while volumes peaked in 2019 at 380.8 tonnes, representing a staggering 19 039 250.0% increase from the previous year. In 2020, exports fell to 100.1 tonnes, a 73.7% decline from 2019. The difference between the peak in 2019 and the low in 2018 was 380.8 times.
Annual dynamics of product's exports from Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (60.0%) | 19 039 250.0% | (73.7%) | 2 615.6% |
From 2017 to 2020, Pakistan and Sri Lanka were the primary buyers of coconut oil and fractions from Guinea, together accounting for 99.9% of total exports in volume terms.
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
Export values showed volatility over the observed period. The minimum was recorded in 2018 at 0.0 thousand US dollars, while values reached their maximum in 2019 at 289.2 thousand US dollars, a 762 648.1% increase from 2018. In 2020, exports amounted to 102.6 thousand US dollars, representing a 64.5% year-over-year reduction. The difference between the 2019 peak and the 2018 low was 7 627-fold.
Annual dynamics of product's exports from Guinea in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (29.7%) | 762 648.1% | (64.5%) | 1 139.0% |
During 2017-2020, Pakistan dominated Guinea's coconut oil and fractions exports in value terms, accounting for 72.8% of the total. The remaining share was distributed among various countries with smaller individual contributions.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Guinea in value, 2017-2020
Imports coconut oil and fractions to Guinea
Imports in kind, t
Import volumes of coconut oil and fractions into Guinea showed noticeable fluctuations. The minimum was recorded in 2018 at 0.0 tonnes, while imports peaked in 2019 at 0.3 tonnes, an 800.6% increase from 2018. In 2020, imports amounted to 0.3 tonnes, showing a slight reduction of 1.3% compared to 2019. The difference between the 2019 peak and the 2018 low was 9-fold.
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 | 800.6% | (1.3%) | - |
From 2017 to 2020, India, Côte d'Ivoire, and the United Arab Emirates were the key sources for Guinea's coconut oil and fractions imports in volume terms, together accounting for 100.0% 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
Import values of coconut oil and fractions into Guinea increased for the second consecutive year. In 2020, imports amounted to 1.2 thousand US dollars, up 61.9% from the previous year. Between 2018 and 2020, imports grew by 809.5%, equivalent to an annualized rate of 108.7%.
Annual dynamics of product's imports to Guinea in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 461.8% | 61.9% | - |
During 2017-2020, India and the United Arab Emirates were the dominant suppliers of coconut oil and fractions to Guinea in value terms, together accounting for 83.6% of total imports. Other partners contributed smaller shares to the remaining volume.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guinea in value, 2017-2020
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